MTAR Technologies among 3 stocks showing White Marubozu pattern
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Trend watch
On November 8, three Nifty50 stocks that gained over 3% appeared in StockEdge’s White Marubozu bullish scanner, according to its technical scan data.
A White Marubozu is a bullish candlestick pattern in which the opening price is the lowest and the closing price is the highest for a given period. It is represented by a long white or green candle with no upper shadow and little or no lower shadow. The pattern indicates strong buying interest and upward price momentum during the session.
A White Marubozu is a bullish candlestick pattern in which the opening price is the lowest and the closing price is the highest for a given period. It is represented by a long white or green candle with no upper shadow and little or no lower shadow. The pattern indicates strong buying interest and upward price momentum during the session.
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MTAR Technologies
Close Rs 5,720.50 | Change 4.99%
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Ramkrishna Forgings
Close Rs 723.20 | Change 4.23%
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Black Box
Close Rs 840.75 | Change 3.67%