Bullish Engulfing
Green candle fully engulfs the prior red candle with above-average participation — demand swallows supply.
About This Scan
A green candle that completely swallows the previous red one on strong volume is demand overwhelming supply in a single session. This scan lists every NSE stock printing a bullish engulfing today — one of the most-traded reversal patterns, especially effective at support or after oversold conditions.
Scan Rules
Stock passes all of the below filters in the ALL segment using 1D candles:
- 1.Close greater than Open
- 2.Close less than Open
- 3.Close greater than or equal to Open
- 4.Open less than or equal to Close
- 5.Relative Volume greater than or equal to 1.2
How To Use This Scan
- •Engulfing candles work best at support, pivots, or after an RSI-oversold reset.
- •Enter above the engulfing high; stop below its low — clean, mechanical risk.
- •Skip engulfing candles inside choppy ranges; context beats the pattern.
Frequently Asked Questions
What is a bullish engulfing pattern?
A two-candle reversal pattern where a green candle's body fully covers the prior red candle's body — buyers erased an entire session of selling.
Is bullish engulfing a buy signal?
It is a strong bullish reversal hint when it appears at support with volume. Traders confirm with the next candle holding above the pattern high.