suggesting weakening bearish momentum. Patiently waiting for a clear sign of a reversal, the trader sees first an inverted hammer and then a hammer. These are confirmed by a bullish candle in the ...

Inverted Hammer is a bullish reversal pattern. This pattern is characterized by a long upper shadow and a small real body, appearing after a long black real body. It resembles with Bearish ...

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 ... is in a bearish crossover ...

Despite this bearish streak ... Additionally, an inverted hammer pattern formed on January 13 further supports a bullish view. Immediate resistance levels are 23,814 and 24,142, while support ...