Zerodha Broker (Free Delivery)

India's No. 1 Broker with Best Software Trade @ Flat Rs 20

Open Instant Account

Trading and Investment Terms

Hanging man

  1. White or black candle with a small body
  2. No upper shadow or the shadow cannot be longer than the body
  3. Lower shadow at least two times longer than the body
  4. If the gap is created at the opening or the closing, it makes the signal stronger
  5. Appears as a long line
  6. The body is fully located above the trendline.

The hanging man candle is characterized by having a small real body, little or no upper shadow (wick), and a lower shadow at least twice the length of the body.

  • Upward trend
  • Opening level 
  • Upper shadow 
  • Long lower shadow 
  • Closing level