Wipro among 4 stocks showing White Marubozu pattern
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Bullish signal
On October 16, four Nifty500 stocks that gained over 5% appeared on 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 for the period. It is represented by a long white or green candlestick with no upper shadow and little or no lower shadow, reflecting strong 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 the period. It is represented by a long white or green candlestick with no upper shadow and little or no lower shadow, reflecting strong upward price momentum during the session.
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Wipro
Close: Rs 184.40 | Change: 5.95%
3/5
Authum Investment & Infrastructure
Close: Rs 571.90 | Change: 5.64%
4/5
KPIT Technologies
Close: Rs 555.00 | Change: 5.51%
5/5
HFCL
Close: Rs 256.01 | Change: 5.00%