Markets › Adani Green Energy › Gap down
Indian stock market · price-structure setup
Gap down on Adani Green Energy
On Adani Green Energy the gap down showed up 48 times. The target came first 42% of the time, the stop 50%, and 8% went nowhere within 12 candles.
Counted on Adani Green Energy: daily candles from June 2018 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 16 | 38% | 56% | 6% |
| Hourly | 32 | 44% | 47% | 9% |
Adani Green Energy against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Adani Green Energy | 48 | 42% | 50% | 8% |
| All Indian stock market charts | 4,938 | 35% | 61% | 4% |
| Every market | 10,856 | 36% | 61% | 4% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2022 | 5 | 20% | 80% |
| 2024 | 5 | 60% | 40% |
| 2025 | 18 | 56% | 33% |
| 2026 | 15 | 33% | 60% |
The last 8 times
- 24 Jul 2026, 09:15 IST · hourly · stop first after 2 candles
- 23 Jul 2026, 09:15 IST · hourly · stop first after 1 candle
- 29 Jun 2026, 09:15 IST · hourly · stop first after 2 candles
- 8 Jun 2026, 09:15 IST · hourly · stop first after 2 candles
- 30 Apr 2026, 09:15 IST · hourly · stop first after 5 candles
- 13 Apr 2026, 09:15 IST · hourly · stop first after 1 candle
- 2 Apr 2026, 09:15 IST · hourly · stop first after 4 candles
- 30 Mar 2026, 09:15 IST · hourly · target first after 1 candle
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 Green Energy
Inside bar · Stochastic bullish cross · Spinning top · Stochastic bearish cross · Doji · Volume profile rejection · MACD bullish cross · Gap up · EMA 9/21 bearish cross · MACD bearish cross · 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 Green Energy?
In 48 cases on Adani Green Energy, the target (1.5 × ATR) came before the stop (1 × ATR) 42% of the time and the stop came first 50%; 8% 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.