Patterns

Inverted Hammer

Small body near the bottom of the candle's range with a long upper wick at least twice the body's height. Identical shape to a shooting star but appearing at the bottom of a downtrend instead of the top of an uptrend.

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

Pattern shape

What it means

Buyers attempted a rally during the session that sellers pushed back, but the very fact that buyers showed up after an extended downtrend signals weakening supply.

Confirmation to wait for

Strongest when the next session opens higher and closes above the inverted hammer's body. Without that follow-through it's just an upper-wick bar.

Failure mode

Often fails without confirmation: the upper wick can also mean sellers are still in control. Context (real downtrend, support level) matters.

Detection rule

Same shape as Shooting Star (body in bottom half, long upper wick) BUT with a prior 5-day downtrend.

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

12 matches in NIFTY500 · session 13/11/2026

SymbolNameCloseΔ 1DTraded ₹CrQualitySector
COFORGECoforge Limited₹2,028.00-0.29%336.3
90
Information Technology
IDEAVodafone Idea Limited₹12.57-3.08%534.8
70
Telecommunication
TECHMTech Mahindra Limited₹1,764.00-0.56%235.0
69
Information Technology
ONGCOil & Natural Gas Corporation Limited₹225.00+0.22%201.0
72
Oil Gas & Consumable Fuels
OFSSOracle Financial Services Software Limited₹9,912.00-0.88%168.1
69
Information Technology
HBLENGINEHBL Engineering Limited₹799.55-1.11%79.7
63
Capital Goods
JSWINFRAJSW Infrastructure Limited₹339.50-0.75%43.4
77
Services
LTMLTM Limited₹4,256.40-1.11%70.7
58
Information Technology
BALRAMCHINBalrampur Chini Mills Limited₹654.80+0.62%46.4
71
Fast Moving Consumer Goods
NHPCNHPC Limited₹75.83-1.26%53.6
61
Power
SCHNEIDERSchneider Electric Infrastructure Limited₹1,061.00+0.95%25.2
73
Capital Goods
IPCALABIPCA Laboratories Limited₹1,884.00-0.83%43.9
53
Healthcare

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.