Kaynes Technology among 3 stocks showing White Marubozu pattern
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Bullish signal
On October 22, three stocks in the Nifty 500 pack featured in StockEdge’s White Marubozu bullish scanner, according to its technical scan data.
A White Marubozu is a bullish candlestick pattern in which the opening price is the lowest and the closing price is the highest during a given period. It is represented by a long white (or green) candlestick with no upper shadow and little or no lower shadow, reflecting strong upward price momentum during the session.
A White Marubozu is a bullish candlestick pattern in which the opening price is the lowest and the closing price is the highest during a given period. It is represented by a long white (or green) candlestick with no upper shadow and little or no lower shadow, reflecting strong upward price momentum during the session.
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Kaynes Technology India
Close: Rs 3,294.00 | Change: 4.07%
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Vijaya Diagnostic Centre
Close: Rs 1,390.80 | Change: 2.76%
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Bajaj Finance
Close: Rs 942.10 | Change: 1.74%