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

Open(1) lower than Close(1) and Open(0) higher than Close(0) and Abs( Open(0) - Close(0) ) higher than Abs( Open(1) - Close(1) ) and Close(0) lower than Open(1) and Open(0) higher than Close(1)

stocks

• NSE

  EMAMILTD

• NSE

  GUJGASLTD

• NSE

  HEG

• NSE

  METROPOLIS

• NSE

  POLYCAB

• NSE

  RRKABEL

• NSE

  REDINGTON

• NSE

  TRENT

• NSE

  UBL