On 26th January 2017 a Hammer was spotted at the bottom of a downward trend, indicating a reversal in trend. The volume was significantly high. The next candle showed a bullish candle. That target was achieved on 30th January 2017.
PNB hammer pattern
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Stock Analysis
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Bullish View
Bearish View
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Hammer should appear below the previous candle. The Hammer body should be tiny and place on top of the candle. The lower tail should be lengthy..
Hammer should appear below the previous candle. The Hammer body should be as small as . The lower tail should be lengthy n upper tail should be as small as..