Affle 3i among 5 stocks flashing bullish signals, hinting at a possible uptrend
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Trend Watch
On March 9, five stocks in the Nifty500 pack appeared on the bullish scanner of “White Marubozu,” according to stockedge.com's technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis. It occurs when the opening price is the lowest for a given period, and the closing price is the highest.
Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets.
Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets.
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Affle 3i
Close: Rs 1,391 | Change (%): 2.99
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Indiamart Intermesh
Close: Rs 2,183.5 | Change (%): 2.97
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CCL Products (India)
Close: Rs 1,031.4 | Change (%): 1.54
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Reliance Industries
Close: Rs 1,424 | Change (%): 1.37
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Ipca Laboratories
Close: Rs 1,502.6 | Change (%): 0.56