TVS Motor Among Six Nifty 500 Stocks Flashing White Marubozu Signal
Key Takeaways
- •Coforge closed at Rs 1,686, rising 10.31% on the day.
- •Kalyan Jewellers India ended at Rs 608.35, up 7.75%.
- •Gallantt Ispat, Eternal, and Indian Energy Exchange also appeared on StockEdge’s White Marubozu bullish scanner.
- •TVS Motor Company closed at Rs 3,993.50, gaining 3.02%.
TVS Motor Among Six Nifty 500 Stocks Flashing White Marubozu Signal
Trend watch
On July 28, six Nifty 500 stocks appeared on StockEdge’s White Marubozu bullish scanner. A White Marubozu is a bullish candlestick pattern that forms when a stock opens at its lowest price of the session and closes at its highest, indicating sustained buying interest throughout the trading day.
The pattern is represented by a long white or green candlestick with little or no lower shadow and no upper shadow. It signals strong buying pressure from the open to the close. Traders often watch it for signs that a stock ended the session with firm momentum, especially when it appears alongside a strong daily gain.
Coforge
Close: Rs 1,686 | Change: 10.31%
Kalyan Jewellers India
Close: Rs 608.35 | Change: 7.75%
Gallantt Ispat
Close: Rs 574.60 | Change: 5.00%
Eternal
Close: Rs 308.35 | Change: 4.23%
Indian Energy Exchange
Close: Rs 132.11 | Change: 4.21%
TVS Motor Company
Close: Rs 3,993.50 | Change: 3.02%