1 00:00:00,240 --> 00:00:10,560 For the first part is the famous one that is inverted hammer, it is, as the name suggests, that it 2 00:00:10,560 --> 00:00:11,970 is an inverted hammer. 3 00:00:12,230 --> 00:00:18,120 We have seen in case of a bullish pattern, we are seeing that this was the hammer. 4 00:00:19,390 --> 00:00:27,670 In this case, this hammer is got inverted now, so now you know what exactly inverted hammer means? 5 00:00:28,000 --> 00:00:38,530 Inverted Hammer has a small body, as you can see, and a longer upper, big upper shadow is too long, 6 00:00:38,860 --> 00:00:45,310 whereas body is too short and nonexistent, lower shadow or smaller lower shadow. 7 00:00:46,060 --> 00:00:52,360 Theoretically speaking, this body should be within the bottom one fourth of the total length of the 8 00:00:53,320 --> 00:00:53,760 candle. 9 00:00:53,770 --> 00:00:55,690 So it is there in this case. 10 00:00:55,690 --> 00:00:59,270 So it is in the bottom one fourth of this candle. 11 00:01:00,100 --> 00:01:07,090 So quick recap, it is a single candle pattern which has a small body buried at the bottom one fourth 12 00:01:07,090 --> 00:01:08,140 of the range. 13 00:01:09,530 --> 00:01:19,190 The body is very small and there is no law shadow in this case, no or very small law or do you have 14 00:01:20,360 --> 00:01:20,720 here? 15 00:01:20,720 --> 00:01:22,250 We have a long shadow. 16 00:01:22,250 --> 00:01:29,460 As you can see, a shadow is very long, which would be at least twice that you will normally have if 17 00:01:29,510 --> 00:01:30,390 this is important. 18 00:01:30,400 --> 00:01:33,050 Bottom one fourth color is not important. 19 00:01:33,110 --> 00:01:34,490 This is again, very important. 20 00:01:34,790 --> 00:01:43,310 The color of this particular candle can also be green, in which case it will be green in case where 21 00:01:43,340 --> 00:01:46,380 this is your open and this is your clothes. 22 00:01:46,640 --> 00:01:50,650 So even if it is there, it will still be considered as inverted hammer. 23 00:01:50,660 --> 00:01:53,390 In this case, we have open here and close here. 24 00:01:53,630 --> 00:01:59,000 But even if it is like this, then also it will be considered as an inverted hamlet. 25 00:01:59,600 --> 00:02:03,580 When this should come, this should come when Marcus Market is in uptrend. 26 00:02:03,680 --> 00:02:04,070 Why? 27 00:02:04,070 --> 00:02:07,760 Because we are talking about a reversal pattern. 28 00:02:07,880 --> 00:02:15,380 We are seeing that market is in a trend, say, for example, and in an uptrend. 29 00:02:15,380 --> 00:02:20,210 This pattern is coming and it is reversing the trend of the stock. 30 00:02:20,570 --> 00:02:22,240 That's why it should come in uptrend. 31 00:02:22,610 --> 00:02:27,530 Now, let's go to chart and see if we can see some whammer getting formed or not. 32 00:02:28,620 --> 00:02:30,110 This is a chart of Tata Motors. 33 00:02:31,400 --> 00:02:34,460 Can you spot an inverted hammer in this case? 34 00:02:35,300 --> 00:02:36,730 Do you see any inverted hammer? 35 00:02:36,860 --> 00:02:42,230 Although there are many of them, but the inverted hammer, which I'm talking about, is this one. 36 00:02:42,770 --> 00:02:44,060 Can you can you see this? 37 00:02:44,450 --> 00:02:47,690 Let's zoom out a bit so that you can see properly. 38 00:02:51,990 --> 00:02:59,160 So I'm talking about this one, this is your inverted hammer, you have a long shadow and very small 39 00:02:59,160 --> 00:03:00,070 body we have. 40 00:03:00,090 --> 00:03:06,630 So this is the inverted hammer that as you're getting, that has got form. 41 00:03:07,230 --> 00:03:12,360 And you can see that this has come when market is in uptrend. 42 00:03:12,570 --> 00:03:13,670 The market is in uptrend. 43 00:03:14,250 --> 00:03:15,580 This has come. 44 00:03:15,600 --> 00:03:17,040 So this is an example of. 45 00:03:18,200 --> 00:03:26,300 An inverted hammer, but as I told you, rule of thumb is that as soon as the hammer guns don't trade, 46 00:03:26,600 --> 00:03:31,760 we are to see the next scandal if that next scandal in this case should open BURISH. 47 00:03:32,270 --> 00:03:37,910 But you can see in this case, the next scandal did not open burish it in fact, the gap A. 48 00:03:39,140 --> 00:03:47,890 So practically speaking, I am not going to take this trip if this happens, because that does not suffice. 49 00:03:47,900 --> 00:03:54,200 The whole logic behind trend reversal, if trend has to reverse, it has to open somewhere here, here 50 00:03:54,200 --> 00:03:54,720 or here. 51 00:03:55,070 --> 00:03:56,230 But that did not happen. 52 00:03:56,510 --> 00:04:00,800 So although it is an inverted hammer, I will not take it. 53 00:04:05,990 --> 00:04:07,400 But if you consider this one. 54 00:04:08,590 --> 00:04:12,090 There is another inverted hammer in this case. 55 00:04:12,150 --> 00:04:15,670 This green one, but as I told you, the color is not that important. 56 00:04:16,090 --> 00:04:17,310 Market is an uptrend. 57 00:04:18,130 --> 00:04:19,000 It is in green. 58 00:04:19,750 --> 00:04:24,100 And you can see that market has open gap up. 59 00:04:24,110 --> 00:04:26,440 It should have open somewhere below. 60 00:04:26,470 --> 00:04:28,420 It should have open bearish, but it did not. 61 00:04:28,690 --> 00:04:33,820 And it closed below the open of this scandal. 62 00:04:34,090 --> 00:04:38,530 And it has kind of formed a bearish engulfing in this case. 63 00:04:38,530 --> 00:04:43,000 We have bearish engulfing very, very we have a bullish one. 64 00:04:43,000 --> 00:04:46,060 And second candle has completely engulfed this scandal. 65 00:04:46,630 --> 00:04:50,560 So in this case, you can consider going short on the market. 66 00:04:50,800 --> 00:04:56,320 And as expected, you can see there was a sharp fall after this pattern is formed and it has kind of 67 00:04:56,320 --> 00:04:57,430 reverse the trend. 68 00:04:58,860 --> 00:05:03,600 There is another inverted hammer that you can see here. 69 00:05:04,700 --> 00:05:11,180 It wasn't a not a very strong uptrend, but you can see five, six green candles are there and next 70 00:05:11,180 --> 00:05:12,260 candle has open. 71 00:05:12,650 --> 00:05:14,720 Burish, you can take this straight. 72 00:05:15,590 --> 00:05:20,150 Of course, it did not fall much, but this was a valid trade that you can take. 73 00:05:20,430 --> 00:05:25,980 But this is how you have to identify a hammer and this is how you have to treat it properly. 74 00:05:27,200 --> 00:05:28,910 Hope you have understood inverted hammer. 75 00:05:29,420 --> 00:05:32,450 Let's now move on to the next button.