Reliance

$RELIANCE A Bullish Hammer is a single candlestick pattern that forms after a downtrend, featuring a small real body near the top and a long lower shadow, indicating strong buying interest after initial selling pressure. It suggests that buyers have regained control and the stock may be preparing for a bullish reversal. The pattern becomes more reliable when it forms near a key support level and is followed by a bullish confirmation candle with higher trading volume.