Amber Enterprises among 5 F&O stocks with a sharp rise in futures open interest

On May 18, four stocks from the Nifty500 segment that gained over 4% appeared on the White Marubozu bullish scanner, according to StockEdge’s technical scan data. A White Marubozu is a bullish candlestick pattern that forms when the opening price is the lowest, and the closing price is the highest for the session.

It is represented by a long bullish candlestick with little to no shadows, indicating strong buying pressure throughout the session. Traders interpret it as a sign that buyers dominated from open to close, often using it to identify potential continuation of upward price trends.

Close: Rs 1,348.1 | Change (%): 5.15

Close: Rs 4,944.1 | Change (%): 5.15

Close: Rs 9,408.5 | Change (%): 4.36

Close: Rs 1,430 | Change (%): 4.34