Bullish Momentum: 4 stocks with White Marubozu Pattern on September 30
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Headed Higher
On September 30, four stocks with market cap over Rs 10,000 crore 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.
2/5
Kirloskar Brothers
Close: Rs 1853.8| Change (%) 5.98
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Redtape
Close: Rs 781.55| Change (%) 5.62
Amazon Top Deals
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4/5
Authum Investment & Infrastructure
Close: Rs 1789.3| Change (%) 5
5/5
KEI Industries
Close: Rs 4297.3| Change (%) 2.31