On October 15, eight stocks from the Nifty500 pack appeared on the bullish scanner of the On October 15, eight stocks from the Nifty500 pack appeared on the bullish scanner for the White Marubozu pattern, according to technical scan data from StockEdge.com.A White Marubozu is a bullish candlestick pattern that forms when the opening price is the lowest and the closing price is the highest for a given period. Represented by a long white (or green) candle with no upper shadow and a small or no lower shadow, it signals strong buying pressure throughout the session. Traders often interpret it as a sign that buyers dominated the market from open to close, potentially indicating further bullish momentum.Stocks showing the pattern: Taking Stock
IIFL Finance, Vodafone Idea and 6 other stocks form bullish white marubozu pattern
On October 15, eight stocks from the Nifty500 pack appeared on the bullish scanner of the On October 15, eight stocks from the Nifty500 pack appeared on the bullish scanner for the White Marubozu pattern, according to technical scan data from StockEdge.com.
A White Marubozu is a bullish candlestick pattern that forms when the opening price is the lowest and the closing price is the highest for a given period. Represented by a long white (or green) candle with no upper shadow and a small or no lower shadow, it signals strong buying pressure throughout the session. Traders often interpret it as a sign that buyers dominated the market from open to close, potentially indicating further bullish momentum.
Stocks showing the pattern:
