Supreme Industries among 5 stocks showing White Marubozu pattern
Adani Ports reported results with September 18 in focus.
· Economic Times Markets, ET Stocks
Five Nifty200 stocks were highlighted in the White Marubozu bullish scanner on September 18, based on StockEdge’s technical scan data. Supreme Industries, Rail Vikas Nigam, APL Apollo Tubes, Aditya Birla Capital and Adani Ports recorded strong gains.
Key facts
- Dates in focus
- September 18
The analysis
Against that, the stock is -3.0% on the day at ₹1,698.00, and has returned -6.2% over three months. It sits 10% below its 52-week high. The infrastructure sector has moved -12.9% over the same period, so Adani Ports is running 6.7 points ahead of its peers.
For Adani Ports, the question is how much of this is already reflected in the price and how much re-rates the infrastructure peer set alongside it.
Market context
- The company directly in focus is ADANIPORTS.
- Sector exposure: Infrastructure.
- The immediate tone of coverage reads positive.
In this story
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