Bullish Momentum: 4 stocks with White Marubozu Pattern on June 17
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In Demand
On June 17, four stocks in the Nifty 500 pack came to the bullish scanner of "White Marubozu", according to stockedge.com's technical scan data. 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.
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.
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Hitachi Energy India
Close: Rs 18654| Change (%) 6.05
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MMTC
Close: Rs 72.09| Change (%) 5
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4/5
CRISIL
Close: Rs 5670.5| Change (%) 4.78
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Nuvama Wealth Management
Close: Rs 7395| Change (%) 4.72