Brigade Enterprises among 6 stocks flashing bullish signals; uptrend in sight
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Trend Watch
On August 20, six Nifty 500 stocks featured on StockEdge’s ‘White Marubozu’ bullish scanner, according to its technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis that occurs when the opening price is the lowest and the closing price is the highest for a given period.
Represented by a long white (or green) candlestick with no upper shadow and little or no lower shadow, the pattern indicates strong buying pressure throughout the session. Traders interpret it as a sign that buyers remained in control from the opening to the close, with the pattern often used to assess potential future price movements.
Represented by a long white (or green) candlestick with no upper shadow and little or no lower shadow, the pattern indicates strong buying pressure throughout the session. Traders interpret it as a sign that buyers remained in control from the opening to the close, with the pattern often used to assess potential future price movements.
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Netweb Technologies India
Close: Rs 5,419.8 | Change (%): 7
3/7
Brigade Enterprises
Close: Rs 625.75 | Change (%): 6.47
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4/7
Meesho
Close: Rs 209.51 | Change (%): 6.42
5/7
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Close: Rs 3,468.6 | Change (%): 5
7/7
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