Bullish Momentum: 10 stocks with White Marubozu Pattern on January 2

In Demand On January 2, 10 stocks from the Nifty50 pack came to the bullish scanner of "White Marubozu", according to stockedge.com's technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis.

It occurs when the opening price is the lowest for a given period, and the closing price is the highest. Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets.



Eicher Motors Close: Rs 5308.1| Change (%) 8.65 Bajaj Finance Close: Rs 7389.

2| Change (%) 6.54 Maruti Suzuki India Close: Rs 11841.3| Change (%) 5.

65 Shriram Finance Close: Rs 3060.05| Change (%) 4.84 Mahindra & Mahindra Close: Rs 3211.

1| Change (%) 4.19 Grasim Industries Close: Rs 2543.95| Change (%) 4.

17 Titan Company Close: Rs 3388.95| Change (%) 4.15 Infosys Close: Rs 1957.

85| Change (%) 4 Bajaj Auto Close: Rs 9079.5| Change (%) 3.88 Oil & Natural Gas Corporation Close: Rs 246.

07| Change (%) 3.85.