Nifty Forms Bullish Hammer Candelstick Formation

Bullish Hammer • Direction: Bullish • Type: Reversal • Reliability: Moderate After an established downtrend • Hammer candles have a small real body that forms at the upper end of the days trading range • The candle can be either blue or red, analyst usually do not differentiate. • Lower wick at least twice as … Read more Nifty Forms Bullish Hammer Candelstick Formation