Blue Jet Healthcare among 4 stocks flashing bullish signals, hinting at a possible uptrend

On February 23, four stocks in the Nifty 500 pack appeared on the bullish scanner of "White Marubozu", according to StockEdge.com's technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis. It occurs when the opening price is the lowest for a given period and the closing price is the highest.

Represented by a long white (or green) candlestick with no upper shadow and a small or non-existent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns to make informed decisions about future price movements in financial markets.

Close: Rs 391.4 | Change (%) 9.99

Close: Rs 795.2 | Change (%) 4.45

Close: Rs 717.45 | Change (%) 3.6