Identification: Bullish Engulfing observed in ACC India.Ltd. on february.
Reasons for confirmation:
1) Duration took to form is within one week,
2) A bullish engulfing pattern is visible,
3) A strong uprise of the stock price is noticed,
4) the volume during engulfing is high.
Trade plan: Since it is a bullish engulfing long positions can be taken, as indicated in the chart.