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.
11 matches in NIFTY500 · session 24/07/2026
| Symbol | Name | Close | Δ 1D | Traded ₹Cr | Quality | Sector |
|---|---|---|---|---|---|---|
| PAYTM | One 97 Communications Limited | ₹1,283.20 | +2.10% | 463.2 | 93 | Financial Services |
| JIOFIN | Jio Financial Services Limited | ₹234.71 | +0.66% | 239.8 | 100 |
Pattern definitions are descriptive, not predictive. Confirm with volume + the broader trend on the index / sector before trading any single-stock signal.
| Financial Services |
| AUBANK | AU Small Finance Bank Limited | ₹1,004.00 | +2.59% | 183.4 | 100 | Financial Services |
| EMMVEE | Emmvee Photovoltaic Power Limited | ₹331.00 | +3.52% | 91.4 | 100 | Capital Goods |
| INDUSTOWER | INDUS TOWERS LIMITED | ₹394.60 | +1.11% | 123.5 | 73 | Telecommunication |
| ZENSARTECH | Zensar Technologies Ltd. | ₹505.90 | +3.87% | 226.3 | 54 | Information Technology |
| ABSLAMC | Aditya Birla Sun Life AMC Limited | ₹1,017.00 | +3.14% | 55.6 | 84 | Financial Services |
| TITAGARH | TITAGARH RAIL SYSTEMS LIMITED | ₹819.45 | +0.48% | 31.7 | 100 | Capital Goods |
| LICHSGFIN | Lic Housing Finance Ltd. | ₹538.95 | +0.98% | 27.8 | 86 | Financial Services |
| SYNGENE | Syngene International Limited | ₹406.65 | +0.84% | 31.6 | 78 | Healthcare |
| BSOFT | BIRLASOFT LIMITED | ₹282.40 | +1.24% | 33.1 | 54 | Information Technology |
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