On January 6, five stocks from the NSE universe with a market capitalisation exceeding Rs 1,000 crore appeared on the bullish “White Marubozu” scanner, according to StockEdge.com’s technical scan data. A White Marubozu is a bullish candlestick pattern formed when the opening price is the session’s low and the closing price is the high.Depicted by a long white or green candlestick with no upper shadow and a small or non-existent lower shadow, the pattern indicates sustained buying pressure throughout the session. Traders view it as a sign of strong buyer control and often use it to assess potential future price direction.
Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make