Union Bank of India among 7 stocks flashing bullish signals, hinting at a possible uptrend

Seven stocks in the Nifty500, including Union Bank of India, appeared on the White Marubozu bullish scanner on July 20, according to StockEdge's technical scan data. A White Marubozu is a bullish candlestick pattern where the opening price is the lowest and the closing price is the highest for a given period, indicating strong buying pressure. Traders view this pattern as a signal of potential continuation of upward momentum.