Markets › Bank Nifty › Bullish engulfing
Indian stock market · candlestick pattern
Bullish engulfing on Bank Nifty
On Bank Nifty the bullish engulfing showed up 26 times. The target came first 54% of the time, the stop 35%, and 12% went nowhere within 12 candles.
Counted on Bank Nifty: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 5 | 60% | 20% | 20% |
| Hourly | 21 | 52% | 38% | 10% |
Bank Nifty against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Bank Nifty | 26 | 54% | 35% | 12% |
| All Indian stock market charts | 1,900 | 40% | 55% | 5% |
| Every market | 17,563 | 34% | 56% | 10% |
The last 8 times
- 31 Aug 2026, 11:15 IST · hourly · target first after 4 candles
- 30 Apr 2026, 15:15 IST · hourly · target first after 1 candle
- 30 Apr 2026, 11:15 IST · hourly · target first after 2 candles
- 24 Apr 2026, 14:15 IST · hourly · target first after 2 candles
- 24 Apr 2026, 11:15 IST · hourly · stop first after 2 candles
- 1 Apr 2026, 11:15 IST · hourly · stop first after 5 candles
- 23 Mar 2026, 13:15 IST · hourly · stop first after 1 candle
- 4 Mar 2026, 12:15 IST · hourly · stop first after 12 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the bullish engulfing is
A green body swallows the red one before it. Buyers took control.
Picture a small red fish, then a bigger green fish that swallows it whole. In a bullish engulfing pattern, the green candle's body is so big it covers the whole red body before it. After a fall, it shows buyers suddenly took over.
The full bullish engulfing lesson, video and quiz ›
Other patterns on Bank Nifty
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Gap up · Gap down · MACD bearish cross · Doji · MACD bullish cross · EMA 9/21 bullish cross · all of them
The bullish engulfing elsewhere
Sensex · Nifty 50 · Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · State Bank of India · Shriram Finance · Tata Power · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver
Questions
How often does the bullish engulfing work on Bank Nifty?
In 26 cases on Bank Nifty, the target (1.5 × ATR) came before the stop (1 × ATR) 54% of the time and the stop came first 35%; 12% went nowhere within 12 candles.
What is the bullish engulfing?
A green body swallows the red one before it. Buyers took control.