The Economic Times reported five Nifty 50 stocks in StockEdge's White Marubozu scan, while National Stock Exchange of India (NSE) data show all rose on Nov. 4, but none opened at its session low.
Bharat Electronics Limited rose 4.71% to ₹398.00, ahead of Adani Enterprises Limited, which gained 4.47% to ₹2,709.20. Titan Company Limited advanced 4.22% to ₹4,754.40, Jio Financial Services Limited added 3.73% to ₹222.27, and Max Healthcare Institute Limited rose 3.53% to ₹927.15, NSE data show.
Bharat Electronics opened at ₹381.90 and recorded a low of ₹380.05; Adani Enterprises opened at ₹2,595.00 against a low of ₹2,579.30. Titan Company opened at ₹4,472.00 and bottomed at ₹4,471.50, while Jio Financial Services opened at ₹213.50 versus a low of ₹212.51. Max Healthcare opened at ₹895.00 and reached a low of ₹890.95.
Bharat Electronics finished below its ₹399.15 high, and Adani Enterprises closed below ₹2,712.20. Jio Financial Services also ended below its ₹222.83 high. Titan Company closed at its session high of ₹4,754.40, as did Max Healthcare at ₹927.15.
StockEdge describes its White Marubozu scan as identifying bullish candles that close near the session high. StockCharts ChartSchool's strict definition calls for a candle to open at the day's low and finish at the high. By that definition, none of the five matched the pattern on Nov. 4. StockEdge's public explanation does not give numerical cutoffs for how close a candle must finish to the high. The Economic Times attributed the scan membership to StockEdge, and its report cited no company-specific catalyst for the gains.
EconoTimes previously covered NBCC's inclusion in a similar White Marubozu screen.
