These 3 stocks form bullish engulfing pattern; indicate positive trend
ETMarkets.com|

1/5
Positive Trend
iStock

2/5
What is a bullish engulfing pattern and its significance?
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, probability of a bullish reversal increases if price trades above the high of 2 candles.
iStock

3/5
Uniphos Enterprises
iStock

4/5
Sapphire Foods
iStock

5/5
Dodla Dairy
iStock