Markets › Punjab National Bank › Hanging man
Indian stock market · candlestick pattern
Hanging man on Punjab National Bank
On Punjab National Bank the hanging man showed up 23 times. The target came first 39% of the time, the stop 57%, and 4% went nowhere within 12 candles.
Counted on Punjab National Bank: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 9 | 33% | 67% | 0% |
| Hourly | 14 | 43% | 50% | 7% |
Punjab National Bank against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Punjab National Bank | 23 | 39% | 57% | 4% |
| All Indian stock market charts | 1,252 | 37% | 58% | 5% |
| Every market | 8,311 | 36% | 58% | 6% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2024 | 3 | 0% | 100% |
| 2025 | 10 | 40% | 60% |
| 2026 | 5 | 40% | 40% |
The last 8 times
- 27 Jul 2026, 13:15 IST · hourly · stop first after 5 candles
- 20 Jul 2026, 14:15 IST · hourly · stop first after 2 candles
- 25 Jun 2026, 14:15 IST · hourly · target first after 4 candles
- 10 Feb 2026, 09:15 IST · hourly · target first after 7 candles
- 4 Feb 2026, 09:15 IST · hourly · went nowhere
- 10 Dec 2025, 11:15 IST · hourly · target first after 5 candles
- 26 Nov 2025, 11:15 IST · hourly · stop first after 5 candles
- 11 Nov 2025 · daily · stop first after 4 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the hanging man is
After a rise, a long lower wick warns that sellers are testing.
Imagine climbing to the top of a hill, slipping far down, then scrambling back up. You made it, but the slip warns that the ground up there is shaky. A hanging man is that slip, showing up after price has been rising.
The full hanging man lesson, video and quiz ›
Other patterns on Punjab National Bank
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Doji · Volume profile rejection · MACD bearish cross · MACD bullish cross · Gap up · EMA 9/21 bullish cross · all of them
The hanging man elsewhere
Sensex · Nifty 50 · Infosys · ICICI Bank · State Bank of India · Tata Power · Bajaj Finserv · Nestle India · Britannia · Titan · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Ethereum
Questions
How often does the hanging man work on Punjab National Bank?
In 23 cases on Punjab National Bank, the target (1.5 × ATR) came before the stop (1 × ATR) 39% of the time and the stop came first 57%; 4% went nowhere within 12 candles.
What is the hanging man?
After a rise, a long lower wick warns that sellers are testing.