Aditya Birla Capital among 9 stocks showing White Marubozu Pattern
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On November 12, nine stocks in the Nifty500 that rose over 5.5% appeared on the ‘White Marubozu’ bullish scanner, according to StockEdge’s technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis that occurs when the opening price is the lowest for a given period, and the closing price is the highest.
The pattern is represented by a long white (or green) candlestick with no upper shadow and little or no lower shadow. It reflects strong upward price movement during the session, with the price moving from the opening level toward the session high by the close. The pattern is commonly studied in technical analysis as an indicator of price momentum.
The pattern is represented by a long white (or green) candlestick with no upper shadow and little or no lower shadow. It reflects strong upward price movement during the session, with the price moving from the opening level toward the session high by the close. The pattern is commonly studied in technical analysis as an indicator of price momentum.
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PB Fintech
Close: Rs 1050.1 | Change (%) 7.59
3/10
One97 Communications
Close: Rs 1925 | Change (%) 7.31
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Aditya Birla Capital
Close: Rs 419.5 | Change (%) 5.93
5/10
Elecon Engineering Company
Close: Rs 455.35 | Change (%) 5.82
6/10
Pine Labs
Close: Rs 175.9 | Change (%) 5.82
7/10
Anant Raj
Close: Rs 484.75 | Change (%) 5.68
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The Phoenix Mills
Close: Rs 2292 | Change (%) 5.57
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Max Financial Services
Close: Rs 1375 | Change (%) 5.53
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Indiamart Intermesh
Close: Rs 1635 | Change (%) 5.5