NHPC among 5 stocks flashing bullish signals, hinting at a possible uptrend
1/6
Marubozu Stock Picks
On June 29, five stocks in the Nifty500 appeared on the ‘White Marubozu’ bullish scanner, 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.
2/6
Bank Of Maharashtra
Close: Rs 93.85 | Change (%) 5.79
3/6
Chennai Petroleum Corporation
Close: Rs 1153.8 | Change (%) 4.68
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4/6
Carborundum Universal
Close: Rs 1191.9 | Change (%) 4.25
5/6
Granules India
Close: Rs 794.8 | Change (%) 4
6/6
NHPC
Close: Rs 81.57 | Change (%) 2.73
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)