Bullish Momentum: 5 stocks with White Marubozu Pattern on March 4
1/6
Bullish Trend
On March 4, five stocks from the NSE large-cap pack appeared in the bullish "White Marubozu" scanner, 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.
2/6
Swiggy
Close: Rs 350.05 | Change (%): 7.28
3/6
Interglobe Aviation
Close: Rs 4,598.7 | Change (%): 3
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4/6
Bharat Electronics
Close: Rs 264.71 | Change (%): 2.84
5/6
ABB India
Close: Rs 5,191.4 | Change (%): 2.03
6/6
Siemens
Close: Rs 4,931.9 | Change (%): 1.97