Today's market movement

Today nifty opened above the CPR and rallied till 10 am. As the CPR was wide expectation was a sideways day, which later happened.

My reasons for the rise in the first hour

  1. On 5 minute timeframe on 23rd April there was a bullish marubozu getting formed
  2. On 21st April in 1 day timeframe after a fall for somedays, nifty formed a bullish engulfing pattern, as a result of which market would be bullish for somedays.

I am a new trader who is just starting up. So does this analysis look accurate.