A Marubozu candlestick is a strong trend indicator with no wicks, where the price opens at one extreme and closes at the other, showing clear market sentiment.
A bullish Marubozu occurs when a stock opens at ₹100 & closes at ₹120, showing strong buying. A bearish Marubozu happens when a stock opens at ₹120 and closes at ₹100, indicating selling pressure.
A Marubozu candlestick is identified by its long body & lack of wicks, meaning the open and close occur at extreme price points. It signals strong buying or selling momentum.
The main types of Marubozu Candlestick Patterns are Bullish (green, no wicks), Bearish (red, no wicks), Open (no wick at open) and Close (no wick at close).
They help traders identify momentum strength, confirm market sentiment and provide high-probability entry points and trend-following trades.