TVS Motor Company among 5 stocks flashing bullish signals, indicating possible uptrend
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Strong Buying Signals
On July 21, 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.
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Gujarat Fluorochemicals
Close: Rs 4607.1 | Change (%) 6.74
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TVS Motor Company
Close: Rs 3792 | Change (%) 5.62
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HFCL
Close: Rs 217.97 | Change (%) 4.78
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Manappuram Finance
Close: Rs 351.75 | Change (%) 4.35
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Zen Technologies
Close: Rs 1818.7 | Change (%) 3.94