Jul 24, 2023
On the candlestick screener, a bullish reversal pattern helps identify stocks that can move upwards from a downtrend. Here are major stocks that have established a bullish engulfing pattern on Friday (July 21, 2023) and hint at a bullish reversal in the future. (Source: StockEdge)
Image Source: iStock
This is a 2-candlestick pattern in which the first candle has a red body followed by a candle with a long green body, which engulfs the red candle’s body. If the pattern appears after a downtrend trend, the probability of a bullish reversal increases if the price trades above the high of 2 candles.
Image Source: ETMarkets.com
Closing price as of July 21: Rs 304.1 | Change: 6.7%
Image Source: ETMarkets.com
Closing price as of July 21: Rs 1682.9 | Change: 4.8%
Image Source: ETMarkets.com
Closing price as of July 21: Rs 1440.3 | Change: 4.8%
Image Source: ETMarkets.com
Closing price as of July 21: Rs 104.4 | Change: 4.3%
Image Source: ETMarkets.com
Closing price as of July 21: Rs 135| Change: 4.2%
Image Source: ETMarkets.com
Closing price as of July 21: Rs 706.15| Change: 3.1%
Image Source: ETMarkets.com
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