Methodology
Ways to develop a market POV
Four approaches to deciding what to buy or sell.
Methodology
Four approaches to deciding what to buy or sell.
Small body near the bottom of the candle's range with a long upper wick at least twice the body's height. Identical shape to a shooting star but appearing at the bottom of a downtrend instead of the top of an uptrend.
Bullish·Bullish reversal·1-candle·Requires a prior downtrend
What it means
Buyers attempted a rally during the session that sellers pushed back, but the very fact that buyers showed up after an extended downtrend signals weakening supply.
Confirmation to wait for
Strongest when the next session opens higher and closes above the inverted hammer's body. Without that follow-through it's just an upper-wick bar.
Failure mode
Often fails without confirmation: the upper wick can also mean sellers are still in control. Context (real downtrend, support level) matters.
Same shape as Shooting Star (body in bottom half, long upper wick) BUT with a prior 5-day downtrend.
The scanner below applies this rule to today's daily candles across actively-traded NSE equities, ranked by traded value (price × volume). Liquidity floor: ₹25 Cr traded today. Rule-based matches - not buy/sell calls.
6 matches in NIFTY500 · session 09/06/2026
| Symbol | Name | Close | Δ 1D | Traded ₹Cr | Quality | Sector |
|---|---|---|---|---|---|---|
| WOCKPHARMA | Wockhardt Ltd. | ₹1,887.60 | -0.28% | 390.3 | 68 | Healthcare |
| VEDL | Vedanta Ltd. | ₹306.25 | +0.66% | 380.3 | 54 | Metals & Mining |
Pattern definitions are descriptive, not predictive. Confirm with volume + the broader trend on the index / sector before trading any single-stock signal.
| SRF |
| SRF Ltd. |
| ₹2,689.60 |
| +0.57% |
| 124.8 |
73 |
| Chemicals |
| KAYNES | Kaynes Technology India Ltd. | ₹3,072.80 | +1.50% | 123.2 | 59 | Capital Goods |
| JSWSTEEL | JSW Steel Ltd. | ₹1,261.70 | +0.08% | 135.1 | 50 | Metals & Mining |
| JMFINANCIL | JM Financial Ltd. | ₹119.22 | +1.21% | 27.7 | 66 | Financial Services |
Ordered by pattern-quality score (cleaner textbook match scores higher). Traded value used as a tiebreaker. Click any symbol to verify the candle visually on the stock's chart.
Morning Star
Bullish reversal