Hanging man

RECENT NEWS
The Economic Times  Nov 3  Comment 
The Nifty opened the session at 10,461, which also turned out to be its intraday high.
The Economic Times  Sep 8  Comment 
The positive closing in the previous 3 weeks was not strong enough to register a breakout.
The Economic Times  Sep 8  Comment 
Nifty has to continue to hold above the 9,928 level to witness an upward move towards 9,980.
The Economic Times  Aug 31  Comment 
All eyes will now be on whether the bulls can overpower the bears in the coming sessions
The Economic Times  Aug 1  Comment 
Tuesday's sideways move suggests traders were awaiting the RBI monetary policy outcome.
The Economic Times  Jul 21  Comment 
For any upside, the index needs to take out its all-time high of 9,928 on a closing basis.
The Economic Times  Jul 14  Comment 
Experts said that the market is likely to continue correction for a couple of more sessions.
The Economic Times  May 17  Comment 
The momentum oscillators on lower time-frame charts are in the extremely overbought zone.
The Economic Times  Apr 27  Comment 
This was the fourth day when Nifty’s intraday low was higher than its previous day’s closing.
The Economic Times  Apr 26  Comment 
In a ‘Hanging Man’ pattern, there is a small real body at the upper end of the candle.




RELATED WIKI ARTICLES
 

Hanging man is a bearish candlestick pattern that forms at the end of an uptrend. It is created when there is a significant sell-off near the market open, but buyers are able to push this stock back up so that it closes at or near the opening price. This pattern is often used in Technical Analysis.

References

Hanging Man Explained

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