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Hammer while oversold

A long lower wick with RSI under 40.

A hammer is a session where sellers pushed price well below the open and buyers took all of it back before the close. That story only means something after a decline, and the RSI condition is what establishes it. Read the guide: Candlestick patterns need context → Read the guide: How to read a scan's hit rate →

More patterns:Bullish engulfing at supportBearish engulfing near the highsShooting star after a runMorning starThree white soldiers

Price and delivery data from the eod2 dataset: National Stock Exchange of India end-of-day files, split- and bonus-adjusted, updated after each close. Not affiliated with or endorsed by NSE. PatternsRadar is a research tool. Nothing here is investment advice or a recommendation to buy or sell anything.

Match all of
candle
6 matches6 Oct 2026
958.75
+0.08%
82.05L
0.96×
49.6%
34.9
₹786.6Cr
-22.3%
-6.3%
1,085.90
-1.04%
44.43L
4.85×
46.4%
39.0
₹482.4Cr
-16.9%
-5.2%
224.20
-0.31%
1.92Cr
1.64×
66.4%
35.4
₹429.9Cr
-27.1%
-5.0%
7,051.00
+0.42%
2.33L
0.63×
53.0%
29.2
₹164.6Cr
-14.3%
-8.3%
1,752.40
+0.06%
5.52L
0.68×
56.9%
30.6
₹96.8Cr
-20.2%
-12.0%
74.38
+0.87%
1.08Cr
0.87×
60.5%
29.4
₹80.3Cr
-23.7%
-11.7%
6 matches · 6 Oct 2026