KPIT

Bullish hammer pattern and breakout clearly seen in the ***** Bullish Hammer pattern is a candlestick chart pattern that signals a potential reversal from a downtrend to an uptrend. It consists of a single candle with the following characteristics: Small body: The real body (the difference between the open and close price) is small, typically located near the top of the price range for the period. Long lower shadow: The lower shadow (the line extending below the body) is at least twice the length of the real body, indicating that sellers pushed the price lower, but buyers managed to push the price back up by the end of the period. No or little upper shadow: The upper shadow should be very short or nonexistent, suggesting that there was little selling pressure at the top of the price range.