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Archive for category: Hammer Pattern
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Hammer Pattern
Conditions: On a raising market, if we happen to see a red candle form a shape of hanging man,...
Conditions: Trend reversal pattern, on a falling market, if happen to see a candle that open and close form...
Hanging man should be red in colour. High volume is expected. Recent increase in price should be noted. The upper...
The body should be small in size and lower tail is 2 times of body size. Upper tail should...
Hanging Man Pattern witnessed in Eicher Motors, Prior short term trend is up and volumes are increasing at Hanging...
Hammer Pattern witnessed in Jubilant Life Science, previous short term trend is down and volumes are increasing at hammer...
After a Price fall, Hammer found with lower tail 2 times more than its body size and upper tail...
Stock Analysis
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Bullish View
Bearish View
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