Bearish Engulfing Pattern

Bearish Engulfing Pattern is a bearish reversal pattern formed by a larger red candlestick that engulfs the previous smaller green candlestick.

Conditions

Multitime frame(day, Open(1) lower than Close(1) ) and Multitime frame(day, Open(0) higher than Close(0) ) and Abs( Multitime frame(day, Open(0) ) - Multitime frame(day, Close(0) ) ) higher than Abs( Multitime frame(day, Open(1) ) - Multitime frame(day, Close(1) ) ) and Multitime frame(day, Close(0) lower than Open(1) ) and Multitime frame(day, Open(0) higher than Close(1) )

stocks

• NSE

  APOLLOHOSP

• NSE

  BPCL

• NSE

  DIVISLAB

• NSE

  DRREDDY

• NSE

  GRASIM

• NSE

  HDFCBANK

• NSE

  ITC

• NSE

  INDUSINDBK

• NSE

  JSWSTEEL

• NSE

  KOTAKBANK

• NSE

  LT

• NSE

  NTPC

• NSE

  POWERGRID

• NSE

  RELIANCE

• NSE

  SBIN

• NSE

  ULTRACEMCO