Hammer – Bullish Reversal at Support

📊 A Hammer forms at the bottom of a downtrend and signals bullish reversal. ✅ Formation: Small body at top of candle. Long lower shadow (at least 2× the body). Little to no upper wick. ✅ Meaning: Sellers pushed price down, but buyers pulled it back strongly → demand at lower levels. 📌 Example: Stock falls to ₹280 intraday, but closes at ₹295 → hammer formed → possible bottom. 🧠 Rule: Confirmation with next green candle + volume required