Markets › ITC › Bullish engulfing
Indian stock market · candlestick pattern
Bullish engulfing on ITC
On ITC the bullish engulfing showed up 28 times. The target came first 39% of the time, the stop 57%, and 4% went nowhere within 12 candles.
Counted on ITC: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 8 | 50% | 38% | 12% |
| Hourly | 20 | 35% | 65% | 0% |
ITC against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| ITC | 28 | 39% | 57% | 4% |
| All Indian stock market charts | 1,900 | 40% | 55% | 5% |
| Every market | 17,563 | 34% | 56% | 10% |
The last 8 times
- 30 Jun 2026, 14:15 IST · hourly · target first after 2 candles
- 10 Jun 2026 · daily · target first after 7 candles
- 2 Jun 2026, 12:15 IST · hourly · stop first after 4 candles
- 23 Mar 2026, 13:15 IST · hourly · target first after 10 candles
- 2 Mar 2026, 13:15 IST · hourly · stop first after 3 candles
- 11 Feb 2026, 13:15 IST · hourly · stop first after 10 candles
- 2 Feb 2026, 11:15 IST · hourly · target first after 2 candles
- 27 Jan 2026, 15:15 IST · hourly · target first after 1 candle
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 ITC
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Volume profile rejection · Doji · MACD bullish cross · EMA 9/21 bullish cross · MACD bearish cross · EMA 9/21 bearish cross · all of them
The bullish engulfing elsewhere
Sensex · Nifty 50 · Bank Nifty · Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · State Bank of India · Shriram Finance · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver
Questions
How often does the bullish engulfing work on ITC?
In 28 cases on ITC, the target (1.5 × ATR) came before the stop (1 × ATR) 39% of the time and the stop came first 57%; 4% went nowhere within 12 candles.
What is the bullish engulfing?
A green body swallows the red one before it. Buyers took control.