Bharat Electronics among 5 stocks showing White Marubozu pattern
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Trend watch
On November 4, five Nifty 50 stocks that gained over 3% appeared on StockEdge's White Marubozu bullish scanner, according to its technical scan data.
A White Marubozu is a bullish candlestick pattern in technical analysis in which the opening price is the lowest and the closing price is the highest for a given period. It is represented by a long white or green candlestick with no upper shadow and little or no lower shadow.
The pattern reflects strong upward price movement during the session, indicating that buyers remained in control from the opening bell to the close. Traders commonly study it as a signal of bullish momentum.
A White Marubozu is a bullish candlestick pattern in technical analysis in which the opening price is the lowest and the closing price is the highest for a given period. It is represented by a long white or green candlestick with no upper shadow and little or no lower shadow.
The pattern reflects strong upward price movement during the session, indicating that buyers remained in control from the opening bell to the close. Traders commonly study it as a signal of bullish momentum.
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Bharat Electronics
Close Rs 398 | Change 4.71%
3/6
Adani Enterprises
Close Rs 2,709.20 | Change 4.47%
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Titan Company
Close Rs 4,754.40 | Change 4.22%
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Jio Financial Services
Close Rs 222.27 | Change 3.73%
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Max Healthcare
Close Rs 927.15 | Change 3.53%