On January 14, four stocks from the Nifty200 universe appeared on the bullish “White Marubozu” scanner, based on data from StockEdge.com. A White Marubozu is a bullish candlestick pattern formed when the opening price is the session 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 often view it as a sign of strong buyer control and improving near-term price momentum