Tech Mahindra, Billionbrains Garage among 6 stocks flashing bullish signals
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Trend Watch
Six stocks in the Nifty 200 pack appeared on the ‘White Marubozu’ bullish scanner on April 2, according to StockEdge’s technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis that 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.
2/7
Bosch
Close: Rs 32,135 | Change: 4.9%
3/7
Persistent Systems
Close: Rs 5,227.7 | Change: 3.54%
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4/7
HCL Technologies
Close: Rs 1,402.2 | Change: 3.53%
5/7
KPIT Technologies
Close: Rs 696.8 | Change: 3.34%
6/7
Tech Mahindra
Close: Rs 1,441.5 | Change: 2.63%
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Billionbrains Garage Ventures
Close: Rs 164.82 | Change: 2.02%