ICICI Lombard General Insurance among 3 stocks showing White Marubozu Pattern
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On September 24, three stocks with a market capitalisation of over Rs 10,000 crore featured in the ‘White Marubozu’ bullish scanner, according to StockEdge’s technical scan data.
A White Marubozu is a bullish candlestick pattern in technical analysis in which the opening price is the lowest, and the closing price is the highest for a given period. The pattern is represented by a long white or green candlestick with no upper shadow and little or no lower shadow, reflecting strong upward price movement during the session.
A White Marubozu is a bullish candlestick pattern in technical analysis in which the opening price is the lowest, and the closing price is the highest for a given period. The pattern is represented by a long white or green candlestick with no upper shadow and little or no lower shadow, reflecting strong upward price movement during the session.
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The South Indian Bank
Close: Rs 49.9 | Change (%): 5.99
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ICICI Lombard General Insurance Company
Close: Rs 1,577 | Change (%): 5.09
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Star Health and Allied Insurance Company
Close: Rs 550.4 | Change (%): 0.22