Vedanta Bearish Engulfing Feb 27th 2019 – EQSIS PRO

Saravanan Jothivengadam, February 27, 2019, VEDL

Bearish Engulfing candlestick pattern formation can be seen in Vedanta stock. Prior to this pattern formation it was in uptrend.

3 Comments

Naresh 5 years ago

Hi,
It’s not a proper one. click the below link for more information about engulfing pattern
https://www.youtube.com/watch?v=0gfK33HpqQ8

Log in to reply.
- Author
  
  Saravanan Jothivengadam 5 years ago
  
  Hi Naresh,
  
  Thank you for your feedback.
  a. I have one doubt in bullish engulfing whether only Green body should cover entire previous red candle body or it should even also cover entire tail of previous red candle.
  
  a. I have one doubt in bearish engulfing whether only red body should cover entire previous green candle body or it should even also cover entire tail of previous red candle.
  
  Log in to reply.
  - Naresh 5 years ago
    
    Hi,
    Both of this case body must be cover. For bullish engulfing upper tail should be cover as possible while bearish engulfing lower tail should be cover.
    
    Log in to reply.

Leave a reply Click here to cancel the reply

You must be logged in to post a comment.

©2024 | Rights Reserved | EQSIS | Terms and Conditions | Privacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.