Bullish Harami Pattern

The bullish harami is made up of two candlesticks. The first has a large body and the second a small body that is totally encompassed by the first. There are four possible combinations: white/white, white/black, black/white and black/black. Whether they are bullish reversal or bearish reversal patterns, all harami look the same. Their bullish or bearish nature depends on the preceding trend. Harami are considered potential bullish reversals after a decline and potential bearish reversals after an advance. No matter what the color of the first candlestick, the smaller the body of the second candlestick is, the more likely the reversal. If the small candlestick is a doji, the chances of a reversal increase.

Harami Black Patterns found in Nifty spot along with these stocks:

Techmahindra

Tatasteel

Reliance

Punjab national bank

ONGC

Mahundra and Mahindra

Lursen and turbo

Hindustan uniliver

Hindalco

HDFC Bank

GRASIM

DR Ready

Cipla

Cairns

Boschltd

Bhel

Bharti

Bajaj Auto