Marubozu
A candlestick with no wicks, where the open and close are the period's extremes.
How it is identified
Test: Open equals either the High or the Low, and Close equals the other, so both wicks are zero or negligible
Unit
qualitative
In depth
A marubozu means the period moved in one direction throughout without trading beyond either end, which is a strong description of one-sided flow. In practice a perfect marubozu is rare on liquid instruments; the term is applied loosely to candles with wicks under some small fraction of the range. It is the geometric opposite of a doji, where open and close coincide instead of sitting at the extremes. The entry defines the shape; nothing about what follows is asserted.
Worked example
Open ₹480, low ₹480, high ₹512, close ₹512. The ₹32 body is the entire range with no wicks — the session never traded below its open or above its close.
Illustrative figures, chosen so the arithmetic is easy to follow. Not a live price and not a valuation of any company.
Educational reference only
This entry explains what “Marubozu” means. It is not investment advice and not a recommendation to buy or sell any security. Any numbers above are illustrative, not live prices, and nothing here predicts price direction or rates a stock. Consider your own circumstances and consult a SEBI-registered investment adviser before acting.