When a “hanging man” appears after an extended rally, it is viewed by candlestick chart watchers as a trend reversal signal. For the Dow transports , the pattern appeared on Monday, after the ...

A Hanging Man is a bearish reversal candlestick pattern that is usually formed at the end of an uptrend or at the top. In a perfect 'Hanging Man' pattern, there will be a small upper shadow or no ...

The rally in stock market was driven by heavy buying in IT and auto stocks. The Sensex index gained 520.90 points or 0.65 per cent to close at 80,116.49 -- highest closing since December 18, 2024.

Technical View: Nifty forms Hanging Man pattern again, analysts say focus on stock-specific opportunities Traders should remain cautious and focus on stock-specific opportunities rather than ...

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