After a cup and handle
formation and a steady downtrend for the past 20 sessions, Hindustan Copper
formed an Inverted Hammer
- a bottom reversal line today 9th June 2021. The inverted hammer
is a bullish pattern
after a downtrend. However, it is important to wait for a bullish
verification tomorrow. An open above the inverted hammer's real body could be the form of verification. It may be noted that the reversal is happening near the Moving Average.