Inverted Hammer – Bullish Reversal at Support
📊 The Inverted Hammer forms after a downtrend and hints at reversal.
✅ Formation:
Small body near the bottom.
Long upper shadow (at least 2× body).
Very small or no lower shadow.
✅ Meaning: Buyers tried to push higher, sellers resisted, but appearance at support shows early sign of trend change.
📌 Example: Stock declines to ₹410, forms inverted hammer at ₹412 → signals buyers attempting comeback.
🧠 Rule: Confirmation with strong green candle next day is must.
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