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Bearish Harami Pattern on Nifty Weekly

Bearish Harami is a two-candlestick pattern with a small bearish candle fully contained within the previous larger bearish candle, indicating a trend reversal on Nifty Weekly Option contracts.

Universe

Nifty Weekly

Time Frame

1 Day

Conditions

Open(0) higher than Close(0) and Open(-1) lower than Close(-1) and Open(0) lower than Close(-1) and Close(0) higher than Open(-1) and High(0) lower than High(-1) and Low(0) higher than Low(-1) and ( High(0) - Low(0) ) lower than ( High(-1) - Low(-1) ) and Abs( Open(0) - Close(0) ) lower than Abs( Open(-1) - Close(-1) )

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