GK Energy, Venus Remedies among 7 stocks flashing bullish signals
By Ritesh Presswala, ETMarkets.com |
1/8
Trend Tracker
On December 10, seven stocks with a market cap of over Rs 1,000 crore appeared on the NSE's bullish “White Marubozu” scanner, according to technical scan data from stockedge.com. A White Marubozu is a bullish candlestick pattern in technical analysis that forms when the opening price is the lowest point of the session and the closing price is the highest.
Characterised by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, the pattern signals strong buying interest throughout the day. Traders interpret it as a sign that buyers were in control from open to close and often use such patterns to inform future trading decisions.
Characterised by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, the pattern signals strong buying interest throughout the day. Traders interpret it as a sign that buyers were in control from open to close and often use such patterns to inform future trading decisions.
2/8
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Close: Rs 144.38 | Change: 5%
3/8
Venus Remedies
Close: Rs 795.85 | Change: 4.99%
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