HAMMER STOCH

bullish reversals, hammer at the bottom with stochastic crossing

Conditions

( Close(-1) higher than Open(-1) and ( Open(-1) - Low(-1) ) higher than Abs( Close(-1) - Open(-1) ) * 3 and ( High(-1) - Close(-1) ) lower than Abs( Close(-1) - Open(-1) ) and Stochastic(14,%k,Yes,3) lower than equal to 30 and Stochastic(14,%d,Yes,3) lower than equal to 30 ) or ( Open(-1) higher than Close(-1) and ( Close(-1) - Low(-1) ) higher than Abs( Close(-1) - Open(-1) ) * 3 and ( High(-1) - Open(-1) ) lower than Abs( Close(-1) - Open(-1) ) and Stochastic(14,%k,Yes,3) lower than equal to 30 and Stochastic(14,%d,Yes,3) lower than equal to 30 and Period min(5, Low(-2) ) higher than Low(-1) )

stocks

• NSE

  AMBUJACEM

• NSE

  RELIANCE