JM Financial, KFin Technologies flash bullish signals, indicate possible uptrend

On October 13, in the Nifty500 pack, six stocks came to 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 nonexistent 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 for informed decisions about future price movements in financial markets."

Close: Rs 1143.8| Change (%) 6.65

Close: Rs 266.58| Change (%) 4.12

Close: Rs 177.7| Change (%) 4

Close: Rs 1003.95| Change (%) 3.79

Close: Rs 462.3| Change (%) 3.62