Medium : Acrylic colours on canvas
Dimension : 34x44 inches
In this painting the Bull which is the symbol of share market.
This candlestick is formed when the open, close, low, and high prices are almost the same. It consists of a lower shadow which is twice long as the real body.
When the opening and closing prices are almost the same, the bulls have taken control over the prices. They have pushed the prices more than the initial opening price. As Hammer is a bullish reversal candlestick pattern, it should be formed at the end of a downtrend. The long lower shadow shows that initially, the bears had taken the prices too low, near the support. But then the bulls came, and they eventually took the prices up and closed it more than the opening price.
Country of Origin - India
ABOUT Kirtiraj Mhatre
Kirtiraj Mhatre is an acclaimed artist with a passion for creating Modern & Abstract art. He is inspired by the charm in the artistic language of abstract art and the freedom it offers an artist, to express through colours and forms. It is his way of leading the observer's mind into a world of intriguing beauty. Art can evoke a range of emotions in you. His works are delightful, engaging and eye-catching and have earned him much appreciation through his journey.
Group Exhibitions: Tapadia Art Gallery – 2006 Welcome Art Gallery, Aurangabad – 2008 Nehru Art Gallery – 20...
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