RR Kabel, 4 more Nifty 500 stocks flash White Marubozu pattern

Five Nifty 500 stocks that rose more than 4% on July 13 triggered the 'White Marubozu' bullish scanner on StockEdge. The pattern, a long green candlestick with no upper shadow and a small or absent lower shadow, signals that buyers dominated the session from open to close. Traders often read it as a sign of sustained upward momentum.

The stocks that appeared on the scanner were RR Kabel, along with four other names from the Nifty 500 universe. The White Marubozu formation occurs when the opening price is the session low and the closing price is the session high, leaving no upper wick. Technical analysts use the pattern to gauge whether buying pressure can carry into the next session.

StockEdge's scan flagged these names after each posted a single-day gain exceeding 4%, a threshold the platform uses to filter for strong directional moves. The data reflects closing prices from the July 13 session.