Patterns

Hammer

Small body sitting near the top of the candle's range with a long lower wick at least twice the body's height. Little or no upper wick.

Bullish·Bullish reversal·1-candle·Requires a prior downtrend

Pattern shape

What it means

Sellers pushed price down during the session but buyers stepped in aggressively and pushed it back to near the open. Demand zone defended.

Confirmation to wait for

Next session should close above the hammer's body. Higher volume on the hammer adds weight.

Failure mode

Without a real prior downtrend it's just a 'wick-low' candle, not a reversal signal. Hammer body colour matters less than the long lower wick.

Detection rule

body in top half of range (min(open,close) ≥ midpoint) AND lower wick ≥ 2 × body AND upper wick ≤ 30% × range. Plus prior 5-day downtrend (close 5 days ago ≥ today × 1.02).

The scanner below applies this rule to today's daily candles across actively-traded NSE equities, ranked by traded value (price × volume). Liquidity floor: 25 Cr traded today. Rule-based matches - not buy/sell calls.

Stocks matching today

47 matches in NIFTY500 · session 16/09/2026 · showing top 20

SymbolNameCloseΔ 1DTraded ₹CrQualitySector
ICICIBANKICICI Bank Limited1,358.80+0.62%1308.0
81
Financial Services
DIVISLABDivi's Laboratories Limited9,158.00-0.43%804.4
91
Healthcare
WELCORPWelspun Corp Limited2,424.50+0.46%710.7
83
Capital Goods
NETWEBNetweb Technologies India Limited4,562.00-1.13%806.8
70
Information Technology
COFORGECoforge Limited1,766.70-0.50%634.9
74
Information Technology
MCXMulti Commodity Exchange of India Limited3,211.20+1.19%633.1
68
Financial Services
DATAPATTNSData Patterns (India) Limited4,321.70-0.85%465.4
74
Capital Goods
HALHindustan Aeronautics Limited4,695.60+0.01%319.1
79
Capital Goods
SYRMASyrma SGS Technology Limited1,511.20+0.23%254.2
87
Capital Goods
LAURUSLABSLaurus Labs Limited1,905.50-1.11%547.1
55
Healthcare
POWERINDIAHitachi Energy India Limited30,200.00-1.92%282.6
74
Capital Goods
KAYNESKaynes Technology India Limited3,385.00-0.21%244.8
78
Capital Goods
TMCVTata Motors Limited424.25-0.68%215.8
79
Capital Goods
BDLBharat Dynamics Limited1,136.00+0.09%194.1
83
Capital Goods
APLAPOLLOAPL Apollo Tubes Limited2,120.00+0.03%196.2
81
Capital Goods
JSWSTEELJSW Steel Limited1,248.90+1.60%225.3
73
Metals & Mining
GRASIMGrasim Industries Limited3,187.00+0.50%274.1
65
Construction Materials
GVT&DGE Vernova T&D India Limited4,267.00+0.47%306.2
53
Capital Goods
AFCONSAfcons Infrastructure Limited258.40-1.47%114.6
86
Construction
COCHINSHIPCochin Shipyard Limited1,319.00-0.45%161.3
72
Capital Goods

Ordered by pattern-quality score (cleaner textbook match scores higher). Traded value used as a tiebreaker. Click any symbol to verify the candle visually on the stock's chart.

Related patterns (same signal direction)

Pattern definitions are descriptive, not predictive. Confirm with volume + the broader trend on the index / sector before trading any single-stock signal.