Methodology
Ways to develop a market POV
Four approaches to deciding what to buy or sell.
Methodology
Four approaches to deciding what to buy or sell.
A small red candle followed by a large green candle whose body completely engulfs the prior session's body (open below the prior close, close above the prior open).
Bullish·Bullish reversal·2-candle·Requires a prior downtrend
What it means
Sellers were in control on day one, but day two opened lower and buyers pushed it through the prior open. Sentiment shift: supply absorbed, demand back.
Confirmation to wait for
Strongest when the engulfing candle's volume exceeds the prior candle's volume and a real downtrend precedes the setup.
Failure mode
Inside a range, two-candle engulfings are common noise. The engulfing must follow a measurable downtrend to count as a reversal.
prev.close < prev.open (red) AND curr.close > curr.open (green) AND curr.open ≤ prev.close AND curr.close ≥ prev.open AND curr body > prev body. Prior 5-day downtrend.
The scanner below applies this rule to today's daily candles across actively-traded NSE equities, ranked by traded value (price × volume). Liquidity floor: ₹25 Cr traded today. Rule-based matches - not buy/sell calls.
2 matches in NIFTY500 · session 09/06/2026
| Symbol | Name | Close | Δ 1D | Traded ₹Cr | Quality | Sector |
|---|---|---|---|---|---|---|
| MANAPPURAM | Manappuram Finance Ltd. | ₹307.25 | +2.69% | 54.1 | 50 | Financial Services |
| IREDA | Indian Renewable Energy Development Agency Ltd. | ₹122.47 | +1.92% | 77.8 | 39 |
Pattern definitions are descriptive, not predictive. Confirm with volume + the broader trend on the index / sector before trading any single-stock signal.
| Financial Services |
Ordered by pattern-quality score (cleaner textbook match scores higher). Traded value used as a tiebreaker. Click any symbol to verify the candle visually on the stock's chart.
Three White Soldiers
Bullish reversal