Nifty daily chart shows formation of a Hanging Man candlestick pattern. Nifty RSI is above 50 and showing a bullish crossover ...

Candlestick patterns are technical trading tools that ... The pattern is confirmed by a bullish candle the next day. A hanging man pattern suggests an important potential reversal lower and ...

Candlestick patterns are like clues left behind by the market. Each candle is a clue about who’s winning: buyers or sellers. Here’s the basic cheat sheet you should always remember: Big solid bodies ...

Moreover, a Hanging Man-like pattern formed at the highs—a bearish reversal signal that will only be confirmed in the following session. Experts added that the immediate support lies in the ...