Beta Drugs, Avantel, CarTrade among 10 stocks with White Marubozu Pattern on August 12

On August 12, 14 NSE-listed stocks with a market cap of over Rs 1,000 crore appeared on the bullish "White Marubozu" scanner, according to technical scan data from StockEdge.com. We have highlighted the top 10 stocks that gained over 4% in the previous trading session. 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."

Close: Rs 1906.5| Change (%) 6.13

Close: Rs 135.01| Change (%) 5.63

Close: Rs 2336.8| Change (%) 5.59

Close: Rs 163.41| Change (%) 5.37

Close: Rs 713.15| Change (%) 5.14

Close: Rs 402.15| Change (%) 5

Close: Rs 186.45| Change (%) 4.55

Close: Rs 385.5| Change (%) 4.5

Close: Rs 1058.4| Change (%) 4.08

Close: Rs 474.55| Change (%) 3.97