IIFL Finance among 3 stocks flashing bullish signals, hinting at a possible uptrend

On July 16, three Nifty500 stocks appeared on StockEdge's 'White Marubozu' bullish scanner, with IIFL Finance among them. A White Marubozu pattern forms when the opening price is the lowest and the closing price is the highest for the session, signalling strong buying pressure. Traders view such patterns as indications of sustained buyer control throughout the session, often used for short-term trading cues.