Hammer formation.

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Is it trend reversal?
Green candle closing above hammer
predicts trend reversal.
After many days FII figures is positive
in cash.
In asia pacific region India happens to be favourable desination
for investment with chinese economy slowing down.
Today I picked up the trend reversal at right time.
In hourly time frame five waves have been completed in C wave.
Unless it is a complex correction reversal in bank nifty should take place.
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Uwaga
it appears trend reversal has taken place,
Uwaga
snapshot
Chart PatternsTechnical IndicatorsTrend Analysis

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