Bullish Marubozu by Shourie

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Scan Description: Bullish Marubozu. 2% shadow tolerance. Too long (greater than 10% range) and Too short (less than 1% range) filtered out. Marubozu used in trend continuation, establishing trend and also, trend reversal. Hence prior trend establishment not required for Marubozu. Look for support/ resistance, MA crossovers, RSI overbought/oversold, RSI convergence/divergence/hidden divergence for confirmation along with marubozu.

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