Markets › Adani Enterprises › Gap down
Indian stock market · price-structure setup
Gap down on Adani Enterprises
On Adani Enterprises the gap down showed up 38 times. The target came first 29% of the time, the stop 66%, and 5% went nowhere within 12 candles.
Counted on Adani Enterprises: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 10 | 40% | 60% | 0% |
| Hourly | 28 | 25% | 68% | 7% |
Adani Enterprises against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Adani Enterprises | 38 | 29% | 66% | 5% |
| All Indian stock market charts | 4,938 | 35% | 61% | 4% |
| Every market | 10,856 | 36% | 61% | 4% |
The last 8 times
- 29 Jun 2026, 09:15 IST · hourly · stop first after 4 candles
- 8 Jun 2026, 09:15 IST · hourly · target first after 6 candles
- 11 May 2026, 09:15 IST · hourly · stop first after 2 candles
- 30 Apr 2026, 09:15 IST · hourly · stop first after 2 candles
- 23 Apr 2026, 09:15 IST · hourly · stop first after 1 candle
- 7 Apr 2026, 09:15 IST · hourly · stop first after 7 candles
- 2 Apr 2026, 09:15 IST · hourly · stop first after 4 candles
- 23 Mar 2026, 09:15 IST · hourly · target first after 2 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 gap down is
Price opened below the previous candle's low. It jumped down between the two candles.
Imagine a shop that shuts at night. While it is closed, bad news spreads about a toy, so when the shop opens, the very first price is already below anything paid the day before. On a chart, a candle that starts below the bottom of the candle before it is called a gap down.
The full gap down lesson, video and quiz ›
Other patterns on Adani Enterprises
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · Volume profile rejection · MACD bearish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · Volume profile bounce · all of them
The gap down elsewhere
Sensex · Nifty 50 · Bank Nifty · Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · State Bank of India · Dow Jones · S&P 500 · Nikkei 225 · Sony
Questions
How often does the gap down work on Adani Enterprises?
In 38 cases on Adani Enterprises, the target (1.5 × ATR) came before the stop (1 × ATR) 29% of the time and the stop came first 66%; 5% went nowhere within 12 candles.
What is the gap down?
Price opened below the previous candle's low. It jumped down between the two candles.