Bullish Momentum: 9 stocks with White Marubozu Pattern on Oct 1
By Ritesh Presswala, ETMarkets.com |
1/10
Headed Higher
On October 1, nine stocks from the Nifty500 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.
2/10
Welspun Living
Close: Rs 175.01| Change (%) 6.93
3/10
Five-Star Business Finance
Close: Rs 825.35| Change (%) 5.78
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4/10
Olectra Greentech
Close: Rs 1749.65| Change (%) 5.69
5/10
Nippon Life India Asset Management
Close: Rs 685.25| Change (%) 5.17
6/10
Navin Fluorine International
Close: Rs 3602.4| Change (%) 4.68
7/10
Atul
Close: Rs 8002.45| Change (%) 4.06
8/10
Triveni Turbine
Close: Rs 712.65| Change (%) 4.05
9/10
Computer Age Management Services
Close: Rs 4580.2| Change (%) 3.88
