PIRAMAL ENTERPRISE.
Inverted Hammer candle explained
Indication- Bullish reversal
Reliability- High.
Illustration- The inverted hammer is a type of candlestick pattern found after a downtrend and is usually taken to be a trend-reversal signal. The inverted hammer looks like an upside down version of the hammer candlestick pattern, and when it appears in an uptrend is called a shooting star.