Yes Bank among 6 stocks flashing bullish signals, indicating possible uptrend
By Ritesh Presswala, ETMarkets.com |
1/7
Trend watch
On May 6, six stocks from the Nifty500 segment appeared in the bullish “White Marubozu” scan, based on data from StockEdge.com. A White Marubozu is a bullish candlestick pattern where the opening price is the lowest and the closing price is the highest for the session.
Represented by a long bullish candle with little to no shadows, it reflects strong buying pressure throughout the session. Traders interpret it as a sign of sustained demand and often use it to gauge trend strength and potential continuation in price momentum.
Represented by a long bullish candle with little to no shadows, it reflects strong buying pressure throughout the session. Traders interpret it as a sign of sustained demand and often use it to gauge trend strength and potential continuation in price momentum.
2/7
Yes Bank
Close: Rs 22.13 | Change: 8.06%
3/7
Mahindra & Mahindra Financial Services
Close: Rs 327.35 | Change: 7.13%
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4/7
Hindustan Petroleum Corporation
Close: Rs 399.2 | Change: 6.77%
5/7
Samvardhana Motherson International
Close: Rs 127.41 | Change: 5.96%
6/7
Tata Motors
Close: Rs 429.75 | Change: 5.71%