Scrip can see trend reversal as the bears tried to pull the price down however, bulls manage to regain momentum henceforth, forming hammer at end of downtrend
Price range targeted, mentioned in charts if the scrip manages bullish momentum thereon
TP- 505, 507, 509 and beyond
Hammer Candlestick Hammer appears in a downward trend indicating a bullish reversal. Consists of a single candlestick with a real body near the top of the candle, a long lower shadow at least twice the length of the body and little to no upper shadow.