On December 5, 5 shares from the Nifty 500 pack entered the bullish scanner, often known as “White Marubozu”, in line with StockEdge.com’s technical scan knowledge. A White Marubozu is a bullish candlestick sample in technical evaluation. It happens when the opening worth is the bottom for a given interval, and the closing worth is the best.
Represented by an extended white (or inexperienced) candlestick with no higher shadow and a small or nonexistent decrease shadow, it signifies sturdy shopping for strain all through the session. Merchants interpret it as a sign that patrons had been in management from the opening to the closing, usually utilizing such patterns for knowledgeable choices about future worth actions in monetary markets.

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