AlphaSignals

V GUARD - BULLISH ENGULFING PATRON CANDLE FORMED

Long
NSE:VGUARD   V-GUARD INDUSTRIES
V GUARD LTP - 218.45/-RS

ON DAILY CHART BULLISH ENGULFING CANDLE PATRON FORMED ON 20TH MARCH

BULLISH ENGULFING PATRON -
A bullish engulfing pattern occurs in the candlestick chart of a security when a large white candlestick fully engulfs the smaller black candlestick from the period before. This pattern usually occurs during a down trend and is thought to signal the beginning of a bullish trend in the security.
Alphasignals

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