How to use Hammer Candlestick Pattern? Price Action Trading Strategy by Vibhor Varshney

In this video, I'm going to show you how to use the Hammer Candlestick Pattern as a trading strategy.
By using this pattern, you can identify opportunities to buy the stocks. Let's learn how to use this candlestick pattern and apply it to the stock market in this video! I'm confident that you'll find this strategy useful in your trading career!
👉🏼 Hammer 15 min chart - chartink.com/screener/hammer-...
👉🏼 Hammer on Daily chart - chartink.com/screener/hammer-...
What is hammer candlestick?
The hammer candlestick is found at the bottom of a downtrend and signals a potential (bullish) reversal in the market. A hammer is a candlestick pattern, when a stock opens then moves a lot lower during the day then rallies back near the opening price. The candlestick pattern looks like a hammer with the long lower wick from the lows of the day looking like the handle and the opening and closing price body form what looks like the hammer’s head. The lower wick is usually twice the size of the candle body but can be even bigger.
Vibhor Varshney
(Gupta Ji Price Action Wale)
SEBI Registered Research Analyst
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Disclaimer:
Views are my own, analyze & trade at your own risk.
#hammercandlestickpattern #priceaction #tradingstrategy #priceactiontrading #tradingstrategies

[@sagarbarad1470]

Sir ye jo screener provide kar rahe ho without charge money really good job n keep doing this thanks a lot sir,🙏

[@Megastar427]

How to use screener in mobile main screen

[@iamindian8809]

Such a great person Such great knowledge

[@nareshdasangam3979]

Happy Mahashivratri Sir💐💐💐 Your Analasys very very usefull to me. Thank you so much.

[@vaibhavsuryawanshi9638]

thank you for valuable knowledge

[@hemantshah8905]

Superb information

[@nareshdasangam3979]

Sir please tell me about Vascon Engeneering

[@chintanmorbiya8594]

Pls how to use hammer candle on bearish sell side

[@swa-1212]

Thank you

[@mahendrasharma6706]

thank you so much sir

[@Aadeshaady]

SUPERB SIR AND UNDERSTOOD EASILYY

[@sejal6777]

Nice learning sir

[@bijendravermaa2185]

Vibhu Bhai...can we add stochastic with hammer 🔨 for more accuracy?pl guide

[@gopalrao7318]

Thanks , wonderful. Lots of LOVE 💕

[@Universeismysterious]

Thank you for the wonderful video sir. Sir intraday entry kahan par sir. Hammer ke baad jo candle high Uske upar sustain kartha hy uske upar entry kya sir. Ye sustain candle ka kuch logic hy kya sir, like not more than these points aisa kuch. I mean agar hammer ke baad ka candle hi bohot bada aagaya ho toh will it still be valid or should we ignore such candle. For e.g 1st feb 15 min 14.45 candle, 13th feb 11.30 candle. 23rd dec 15:00 candle, sustain candle came on 26th dec 9:15 but big candle will it be still valid.

[@ParvezAlam-mg2bc]

Hi Sir , Thanks for useful video..I learnt stock market slowly ... Based on this video learnt and find Tata Steel stock hammer 🔨 in 110 and then green candle close and now @ 112 ... 3 months chart pattern

[@VibhorVarshney]

All the best

[@ParvezAlam-mg2bc]

@@VibhorVarshney tq sir

[@jaipaldas]

Sir koi algo ka bi btaen

[@buntypatre5193]

Thanks a lots🙏

[@buntypatre5193]

Maja aa gya vibhorji 👌🙏

[@jaikrishna7129]

Very good sir 👍🏾😊👍🏾👍🏾

[@statusking0104]

Sir Fibonacci tool pr intraday ki statergy banao na sir

[@ankitshah4009]

Nice learning. How to set the target

[@sanjayhorkeri7169]

hats off u sir

[@satishmense]

Sir ji target kya rakhe

[@palakkrish6784]

Thank you sir for knowledgeable video. But sir i want HA advance video

[@chintanmorbiya8594]

Hammer candle work buy side and sell both?

[@sabaamravatiwala6585]

when to exit this for positional stand?

[@sejaljain7064]

Sir your videos are very up to the mark dot to dot. I had 1 questions Should the hammer candle be above 200 sma

[@VibhorVarshney]

You can add if you want any other Xtra confirmation

[@mayur079]

Waiting for such more videos

[@niravmehta7481]

Where is the screener

[@triptijain1424]

Where to keep the target

[@bhinwa7181]

Always you are increasing economic literacy for common people. Thanks for your support 💗

[@buntyalbuquerque1234]

Sirji app ka link bhej do please

[@dtxasp3178]

kolkata ka rosgolla ...... guruji

[@jessicadru55]

Can please make more videos on candlesticks patterns? I mean in all the candles. That will be very helpful. 🙏

[@VibhorVarshney]

Definitely will try

[@YugKapoor]

Thanks sir ya strategy Dene ke leya😊. Sir please swing trading ke leya be koe strategy btao. Or sir ji jo apni ya Jo strategy de hai eska terget kya hoga?

[@VibhorVarshney]

Heikenashi strategy and inside bar

[@atulgupta-ob3ec]

Sir , how to determine the target?

[@thehighlighter5861]

Support n resistance

[@rakeshguptagupta8283]

Scanner please

[@itszafar52]

Genius ❤ Just have an doubt, entry will be on 2nd or 3rd day???

[@VibhorVarshney]

2nd day near closing

[@itszafar52]

@@VibhorVarshney Thank you for quick reply Sir... LOTS OF LOVE ❤️

[@chintanmorbiya8594]

@@VibhorVarshney for intraday option trading which time frame should use and how to use hammer for sell bearish side

[@kirvilladola5144]

What's the target sirji?

[@shaileshjadhav1463]

Next day whether the candle closes green or stays above prev day high that will come to know at the end of the day ... By the time the momentum has already happened so our entry would be very late ... I think the logic to buy wld be something else.

[@VibhorVarshney]

If next candle high or closing price is not much diff.. Can enter.. As RR will be fav

[@Exmuslimm....]

❤❤

[@irfanbutt28]

Thanks for this knowledge sharing Just one question How to determine Target?

[@sujalshah001]

Bhau is hammer strategy only for buying ??

[@VibhorVarshney]

Yes. Use shorting star for selling

[@sujalshah001]

@@VibhorVarshney thanks bhau love you 😘

[@Aadeshaady]

CAN WE USE HAMMER IN 5MIN

[@VibhorVarshney]

Can use.. But will be very volatile

[@Aadeshaady]

@@VibhorVarshney ok sir thn 15min is good enough

[@ShubhamSingh-ly4sq]

High should be above previous candle Closing should be above previous candle high Low should be above previous candle low This is most powerful simple candle stick patterns. Works on every situation of market For buying ..........

[@ajubhai8792]

Hello Bhai can you talk me

[@narendergadhwal7006]

Hammer was not near support.

[@rahul202531]

#Bts2

[@Tarun-we7pb]

Channel pe jaa kr apko kuch nahi krna, ye apka favorite h 😁

[@niravmehta7481]

1. CAN"T FIND SCREENER. 2. WHERE IS TARGET ?

[@ramniwassoni2845]

Good information. God Shiva bless you!

[@user-vw6ov7xj3l]

PLS TELL HAMMER ON SELL SIDE. HOW TO USE HAMMER WHEN TO SELL

[@VibhorVarshney]

Have already upload video... Plz chck in Playlist

[@chintanmorbiya8594]

@@VibhorVarshney vibhorbhai which video for hammer selling side pls tel

[@chintanmorbiya8594]

I can't find

[@VibhorVarshney]

@@chintanmorbiya8594 kzbin.info/www/bejne/pGbXqoR5ppaWqsksi=tHU9XLdZGOec0sGL

[@chintanmorbiya8594]

Vibhor bhai pls tell time frame forintraday using hammer. 5 minutes is better or not

[@themarketguy7566]

Longer tail sellers confused Longer head buyer confused

[@shubhambutle683]

Har har Mahadev 🙏

[@suhaasjain]

Muhrat nikla ja rha....