Hanging man

RECENT NEWS
The Economic Times  Sep 10  Comment 
The Nifty futures may find support around 11,413 and 11,602 on the downside.
The Economic Times  Aug 23  Comment 
Positive sequential movement of higher top and higher bottom formation remained intact.
The Economic Times  Aug 21  Comment 
The near-term trend is still positive, but there is a possibility of a downward correction.
The Economic Times  May 28  Comment 
​Nifty future chart has made “Hanging Man pattern” in weekly chart.
The Economic Times  Apr 25  Comment 
Now, Nifty has to hold above 10,520 to extend its move towards 10,630 and then 10,666 level.
The Economic Times  Apr 17  Comment 
A Hanging Man candle implies followup buying was missing at higher levels.
The Economic Times  Apr 11  Comment 
Any decisive breakout above the supply zone at 10,430-10,440 will give strength to Nifty.
The Economic Times  Jan 25  Comment 
How the market behaves over the next three trading sessions will be crucial, say experts.
The Economic Times  Jan 10  Comment 
With this, the 50-pack index also snapped its streak of higher highs - higher lows formations.
The Economic Times  Jan 5  Comment 
Going ahead, the 10,500 level should act as immediate support for the Nifty50 index.




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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