On November 14, in the Nifty500 pack, seven stocks appeared in the bullish White Marubozu scanner, according to technical scan data from StockEdge. A White Marubozu is a bullish candlestick pattern in technical analysis. It forms when the opening price is the lowest for the period and the closing price is the highest.Characterised by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it signals strong buying pressure throughout the session. Traders interpret this as a sign that buyers were in control from open to close, often using the pattern to make informed decisions about future price movements. Trend Watch
DOMS Industries, Amber Enterprises among 7 stocks showing bullish signals
The Economy Times Markets13 hrs ago
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