On October 10, six shares from the Nifty500 pack appeared on the bullish “White Marubozu” scanner, in response to technical information from stockedge.com.
A White Marubozu is a bullish candlestick sample in technical evaluation. It varieties when the opening value is the bottom for the interval and the closing value is the best. Represented by a protracted white (or inexperienced) candle with no higher shadow and a small or nonexistent decrease shadow, it indicators sturdy shopping for stress all through the session.
Merchants view this sample as a sign that patrons dominated from open to shut, typically utilizing it to gauge potential upward momentum within the close to time period.
Shares forming the White Marubozu sample:
