BusinessNifty 50 Hammer Pattern Signals Possible Short-Term Reversal
The Nifty 50 index dropped sharply by 1,618 points in September, reopening at 22,569.65 before slightly recovering to close at 22,716.20. Despite negative market breadth, the hammer candlestick pattern indicates a potential short-term trend reversal. Key support is identified at 22,569, suggesting cautious optimism for traders on September 30.
Mint Markets·2h ago

