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.