Technical View: Nifty forms a ‘Hanging Man’ pattern; 10,500 crucial for bulls

Technical View: Nifty forms a ‘Hanging Man’ pattern; 10,500 crucial for bulls
Kshitij Anand A Hanging Man is a bearish reversal candlestick pattern which is usually formed at the end of an uptrend or at the top (more than 600-point rally from its recent low of 10,004 recorded on October 26).