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Jainshashwat

Hanging Man

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DR REDDYS LABS (NSE:DRREDDY)  
Jainshashwat  
NSE:DRREDDY   DR REDDYS LABS
Trend Analysis Chart Patterns Beyond Technical Analysis Technical Analysis trading DRREDDY shorttrade Hanging Man
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trendanalysis chartpattern beyondta technicalanalysis trading drreddy shorttrade hangingman
A hanging man candlestick occurs during an uptrend and warns that prices may start falling. The candle is composed of a small real body, a long lower shadow, and little or no upper shadow. The hanging man shows that selling interest is starting to increase. In order for the pattern to be valid, the candle following the hanging man must see the price of the asset decline.

Script = Dr Reddy
Time Frame = 1 Day
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