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Jainshashwat

Bearish Engulfing

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HDFC BANK (NSE:HDFCBANK)  
Jainshashwat  
NSE:HDFCBANK   HDFC BANK
Trend Analysis Chart Patterns Beyond Technical Analysis trading Technical Analysis Bearish Engulfing HDFCBANK
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trendanalysis chartpattern beyondta trading technicalanalysis bearishengulfing hdfcbank
A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that eclipses or "engulfs" the smaller up candle. The pattern can be important because it shows sellers have overtaken the buyers and are pushing the price more aggressively down (down candle) than the buyers were able to push it up (up candle).

Script = HDFC Bank
Time Frame = 1 Day
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