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Indian stock market · candlestick pattern
Shooting star on Adani Green Energy
On Adani Green Energy the shooting star showed up 24 times. The target came first 33% of the time, the stop 50%, and 17% 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 | 3 | 0% | 100% | 0% |
| Hourly | 21 | 38% | 43% | 19% |
Adani Green Energy against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Adani Green Energy | 24 | 33% | 50% | 17% |
| All Indian stock market charts | 1,265 | 38% | 56% | 6% |
| Every market | 10,013 | 36% | 57% | 7% |
The last 8 times
- 2 Jul 2026, 11:15 IST · hourly · stop first after 4 candles
- 27 May 2026, 10:15 IST · hourly · stop first after 6 candles
- 8 Apr 2026, 12:15 IST · hourly · stop first after 7 candles
- 11 Mar 2026, 09:15 IST · hourly · target first after 5 candles
- 17 Feb 2026, 13:15 IST · hourly · target first after 4 candles
- 9 Feb 2026, 10:15 IST · hourly · target first after 7 candles
- 3 Feb 2026, 12:15 IST · hourly · stop first after 6 candles
- 30 Oct 2025, 15:15 IST · hourly · went nowhere
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 shooting star is
After a rise, buyers pushed up and sellers slammed it back down.
A firework shoots high into the sky, sparkles, and then falls back down. A shooting star candle is like that: after a rise, price shot up during the candle, then sellers pushed it back down near where it started. The long top wick is the trail it left behind.
The full shooting star 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 shooting star elsewhere
Bharti Airtel · Infosys · Mahindra & Mahindra · Hindalco · Shriram Finance · Vedanta · Tata Steel · Bajaj Finserv · Tech Mahindra · Kotak Mahindra Bank · Dow Jones · Sony · GBP/USD · EUR/JPY · Silver · Ethereum · Bitcoin
Questions
How often does the shooting star work on Adani Green Energy?
In 24 cases on Adani Green Energy, the target (1.5 × ATR) came before the stop (1 × ATR) 33% of the time and the stop came first 50%; 17% went nowhere within 12 candles.
What is the shooting star?
After a rise, buyers pushed up and sellers slammed it back down.