Engulfing Candle

Today’s body completely swallows yesterday’s opposite-coloured body — a one-bar change of control.

A bullish engulfing opens at or below yesterday’s red close and finishes above yesterday’s open — one green body erases the whole red one. Buyers took everything back and more.

A bearish engulfing is the mirror: a red body swallowing the prior green one after a rise.

Stronger after an extended move (someone finally pushed back) than mid-chop.

Bigger engulfed body = stronger statement.

Analysis only: Supath AI does not give investment advice. Consult a SEBI-registered financial advisor before making investment decisions.