Tata Motors formed long bullish candlestick pattern on the daily timeframe after a decisive breakout of horizontal resistance trendline adjoining highs of February 5 and February 16, with above average volumes.
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.
Through a separate deal, Bharti Enterprises sold a 1.3% stake in ICICI Lombard General Insurance for Rs 1,042 crore. It sold 62,50,900 shares at Rs 1,666.35 a share.