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Adani Green Energy chart patterns
We ran 57 candlestick patterns, chart patterns and indicator signals over Adani Green Energy (daily candles from June 2018 and hourly candles from October 2024) and counted 2,322 cases. Here is how often each one reached its target before its stop.
Best on Adani Green Energy: fibonacci bounce down (61% of 33), bearish marubozu (48% of 27), volume profile rejection (48% of 94). Weakest: fibonacci bounce up (29% of 28), volume profile bounce (32% of 68), bollinger breakout down (33% of 21). Most patterns hit the stop more often than the target: that is why the app teaches context and risk, not single signals.
Buy and sell setups, ranked
| Pattern | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Fibonacci bounce down | 33 | 61% | 39% | 0% |
| Bearish marubozu | 27 | 48% | 48% | 4% |
| Volume profile rejection | 94 | 48% | 50% | 2% |
| Bearish engulfing | 22 | 45% | 45% | 9% |
| Bullish harami | 22 | 45% | 55% | 0% |
| Gap up | 85 | 44% | 49% | 7% |
| EMA 9/21 bearish cross | 82 | 43% | 54% | 4% |
| MACD bullish cross | 93 | 42% | 51% | 8% |
| Gap down | 48 | 42% | 50% | 8% |
| Stochastic bullish cross | 192 | 41% | 55% | 5% |
| EMA 9/21 bullish cross | 77 | 40% | 56% | 4% |
| MACD bearish cross | 80 | 40% | 55% | 5% |
| ATR expansion up | 20 | 40% | 60% | 0% |
| Bullish engulfing | 26 | 38% | 62% | 0% |
| Bollinger breakout up | 21 | 38% | 57% | 5% |
| RSI oversold bounce | 61 | 38% | 56% | 7% |
| Stochastic bearish cross | 139 | 37% | 57% | 6% |
| RSI overbought drop | 71 | 37% | 55% | 8% |
| Shooting star | 24 | 33% | 50% | 17% |
| Bollinger breakout down | 21 | 33% | 67% | 0% |
| Volume profile bounce | 68 | 32% | 60% | 7% |
| Fibonacci bounce up | 28 | 29% | 68% | 4% |
Neutral patterns
| Pattern | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Spinning top | 140 | 51% | 49% | 0% |
| Doji | 94 | 50% | 49% | 1% |
| Inside bar | 527 | 49% | 51% | 0% |
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.
Learn to read Adani Green Energy charts
- India: NSE and BSEIn India, shares trade on NSE and BSE from 9:15 until about 3:30, and SEBI is the referee.
- What one candle tells youEvery candle shows four prices: where it started, its highest, its lowest and where it finished.
- Bodies and wicks: the tug of warA big body means one side won; a long wick means a push that got pushed back.
- The hammerA hammer after a fall shows sellers pushed hard but buyers pushed the price back up.
- Rule one: stay in the gameLose half your money and you must double what is left just to get back to the start.
- The stop-loss: decide your exit firstA stop-loss is the price where your idea is wrong, and you choose it before you enter.
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Questions
Which pattern worked best on Adani Green Energy?
In our count the fibonacci bounce down reached its target first most often on Adani Green Energy: 61% of 33 cases. No pattern works every time; past odds are not a forecast.
Which candlestick pattern works best on Adani Green Energy?
The bearish marubozu: target first 48% of 27 times on Adani Green Energy.
How were these numbers counted?
Every case enters at the signal candle's close with a target 1.5 × ATR(14) away and a stop 1 × ATR(14) away, and gets 12 candles to reach one of them. Only clean stretches of real sessions are used.