Bullish Momentum: 4 stocks with White Marubozu Pattern on January 1

Trend Tracker On January 1, four stocks from the NSE midcap 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.



​ Adani Wilmar Close: Rs 328.7| Change (%) 6.7 Endurance Technologies Close: Rs 2262.

95| Change (%) 5.25 Nippon Life India Asset Management Close: Rs 753.95| Change (%) 3.

71 Muthoot Finance Close: Rs 2215.05| Change (%) 3.69.