​Aditya Birla Fashion among 5 stocks flashing bullish signals, hinting at a possible uptrend - ​Trend watch

Aditya Birla Fashion among 5 stocks flashing bullish signals, hinting at a possible uptrend 1/6 Trend watch On May 21, five Nifty500 stocks that gained over 5% appeared on the White Marubozu bullish scanner, according to StockEdge's technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis that forms when the opening price is the lowest for the period, and the closing price is the highest. Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a sign that buyers were in control from the open to the close, and it is often used to assess the potential continuation of upward price momentum in financial markets. 2/6 Techno Electric & Engineering Company Close: Rs 1,294.3 | Change (%): 7.62 3/6 Aditya Birla Fashion and Retail Close: Rs 66.76 | Change (%): 6.76 4/6 Poly Medicure Close: Rs 1,550.6 | Change (%): 6.25 5/6 Kaynes Technology India Close: Rs 3,174.9 | Change (%): 5.79 6/6 Deepak Fertilisers And Petrochemicals Corporation Close: Rs 1,383.7 | Change (%): 5.00