Angel One among 5 stocks flashing bullish signals, hinting at a possible uptrend
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Trend Watch
On May 19, five Nifty500 stocks that gained more than 4% appeared on the ‘White Marubozu’ bullish scanner, according to StockEdge 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.
It is represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, indicating strong buying pressure throughout the session. Traders interpret this as a sign that buyers remained in control from the opening to the closing, often using such patterns to assess potential continuation of upward price movements in financial markets.
It is represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, indicating strong buying pressure throughout the session. Traders interpret this as a sign that buyers remained in control from the opening to the closing, often using such patterns to assess potential continuation of upward price movements in financial markets.
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Angel One
Close: Rs 328 | Change: 7.91%
3/6
Tata Technologies
Close: Rs 668.55 | Change: 6.22%
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4/6
International Gemological Institute
Close: Rs 332.7 | Change: 6.19%
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K.P.R. Mill
Close: Rs 956.65 | Change: 4.91%
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LTM
Close: Rs 4,254.8 | Change: 4.42%