JSW Steel among 5 stocks showing the White Marubozu pattern
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Trend watch
On October 26, five Nifty500 stocks that gained over 4% appeared in StockEdge’s White Marubozu bullish scanner. A White Marubozu is a bullish candlestick pattern in which the opening price is the lowest and the closing price is the highest during a given period.
The pattern appears as a long white or green candlestick with no upper shadow and little or no lower shadow. It reflects strong buying pressure during the session and is commonly used in technical analysis to assess price momentum.
The pattern appears as a long white or green candlestick with no upper shadow and little or no lower shadow. It reflects strong buying pressure during the session and is commonly used in technical analysis to assess price momentum.
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Acutaas Chemicals
Close: Rs 3,348.80 | Change: 6.73%
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JSW Steel
Close: Rs 1,260 | Change: 6.28%
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Onesource Specialty Pharma
Close: Rs 1,397.30 | Change: 4.74%
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Laurus Labs
Close: Rs 2,058.90 | Change: 4.51%
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GMR Airports
Close: Rs 89.88 | Change: 4.05%