5 Min Hammer

Hammer is a bullish candlestick pattern with a long lower shadow and a small body, indicating a potential upward reversal. This scanner will filter Green or Red Hammer

Universe

NFO Equities

Time Frame

5 Minutes

Conditions

( Close(0) higher than Open(0) and ( Open(0) - Low(0) ) higher than Abs( Close(0) - Open(0) ) * 3 and ( High(0) - Close(0) ) lower than Abs( Close(0) - Open(0) ) ) or ( Open(0) higher than Close(0) and ( Close(0) - Low(0) ) higher than Abs( Close(0) - Open(0) ) * 3 and ( High(0) - Open(0) ) lower than Abs( Close(0) - Open(0) ) )

stocks

NSE
GRASIM
NSE
TATACOMM