Suzlon

Bullish hammer pattern in the bottom of the chart with the Trendline support zone. The Hammer pattern is a bullish reversal candlestick pattern that appears at the bottom of a downtrend, indicating a potential trend reversal. It has the following characteristics: Key Features of a Hammer Pattern: Small Body – The closing price is near the opening price. Long Lower Shadow – The lower wick is at least twice the size of the real body, showing that sellers pushed the price lower before buyers regained control. Little to No Upper Shadow – This indicates that buyers pushed the price near or above the opening level. Appears in a Downtrend – It is only valid when it forms after a downward price movement