The hammer is a bullish reversal candlestick pattern characterized by a small body near the top, a long lower wick ... the trader sees first an inverted hammer and then a hammer.

This pattern consists of three large consecutive green candles with close at or near their high levels. Inverted Hammer is a bullish reversal pattern. This pattern is characterized by a long upper ...

The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for ...

Rupak De, Senior Technical Analyst at LKP Securities, said that Nifty 50 daily chart shows an inverted hammer pattern. This chart pattern signals a possible bullish reversal. "On the lower end ...

Depending on how it closes, silver is on track to finish the day with a bullish hammer candlestick ... silver did breakdown from a double top bearish reversal pattern last Thursday as it closed ...