On December 24, 4 shares from the Nifty500 universe appeared on the bullish White Marubozu scanner, in response to technical scan knowledge from stockedge.com. A White Marubozu is a bullish candlestick sample in technical evaluation that varieties when the opening worth is the bottom and the closing worth is the best for a given interval.
Depicted as a protracted white (or inexperienced) candlestick with no higher shadow and a small or nonexistent decrease shadow, the sample alerts sturdy shopping for stress all through the session. Merchants interpret this as consumers remaining in management from open to shut, usually utilizing it to evaluate potential future worth actions.
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