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Markets › Mahindra & Mahindra › Bearish engulfing

Indian stock market · candlestick pattern

Bearish engulfing on Mahindra & Mahindra

On Mahindra & Mahindra the bearish engulfing showed up 47 times. The target came first 36% of the time, the stop 62%, and 2% went nowhere within 12 candles.

Counted on Mahindra & Mahindra: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily2133%62%5%
Hourly2638%62%0%

Mahindra & Mahindra against the rest

ChartsFoundTarget firstStop firstWent nowhere
Mahindra & Mahindra4736%62%2%
All Indian stock market charts2,33635%59%5%
Every market19,16535%58%8%

Year by year

YearFoundTarget firstStop first
2020425%75%
2023520%80%
2024425%75%
20251839%61%
2026729%71%

The last 8 times

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 bearish engulfing is

A red body swallows the green one before it. Sellers took control.

Picture a small green fish, then a bigger red fish that swallows it whole. In a bearish engulfing pattern, the red candle's body is so big it covers the whole green body before it. After a rise, it shows sellers suddenly took over.

The full bearish engulfing lesson, video and quiz ›

Other patterns on Mahindra & Mahindra

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · Volume profile rejection · EMA 9/21 bullish cross · MACD bullish cross · EMA 9/21 bearish cross · all of them

The bearish engulfing elsewhere

Sensex · Nifty 50 · Bank Nifty · Bharti Airtel · Infosys · Coal India · ICICI Bank · Hindalco · 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 bearish engulfing work on Mahindra & Mahindra?

In 47 cases on Mahindra & Mahindra, the target (1.5 × ATR) came before the stop (1 × ATR) 36% of the time and the stop came first 62%; 2% went nowhere within 12 candles.

What is the bearish engulfing?

A red body swallows the green one before it. Sellers took control.