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Indian stock market · candlestick pattern
Hanging man on Axis Bank
On Axis Bank the hanging man showed up 25 times. The target came first 40% of the time, the stop 56%, and 4% went nowhere within 12 candles.
Counted on Axis Bank: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 10 | 50% | 40% | 10% |
| Hourly | 15 | 33% | 67% | 0% |
Axis Bank against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Axis Bank | 25 | 40% | 56% | 4% |
| All Indian stock market charts | 1,252 | 37% | 58% | 5% |
| Every market | 8,311 | 36% | 58% | 6% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2022 | 3 | 33% | 33% |
| 2025 | 11 | 18% | 82% |
| 2026 | 4 | 75% | 25% |
The last 8 times
- 2 Jul 2026, 11:15 IST · hourly · target first after 6 candles
- 10 Mar 2026, 14:15 IST · hourly · target first after 2 candles
- 19 Jan 2026, 15:15 IST · hourly · target first after 6 candles
- 16 Jan 2026, 12:15 IST · hourly · stop first after 4 candles
- 14 Nov 2025, 11:15 IST · hourly · stop first after 4 candles
- 24 Oct 2025, 10:15 IST · hourly · stop first after 9 candles
- 16 Oct 2025, 10:15 IST · hourly · stop first after 6 candles
- 22 Sep 2025, 15:15 IST · hourly · stop 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 hanging man is
After a rise, a long lower wick warns that sellers are testing.
Imagine climbing to the top of a hill, slipping far down, then scrambling back up. You made it, but the slip warns that the ground up there is shaky. A hanging man is that slip, showing up after price has been rising.
The full hanging man lesson, video and quiz ›
Other patterns on Axis Bank
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · Volume profile rejection · MACD bearish cross · MACD bullish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · all of them
The hanging man elsewhere
Sensex · Nifty 50 · Infosys · ICICI Bank · State Bank of India · Tata Power · Bajaj Finserv · Nestle India · Britannia · Punjab National Bank · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Ethereum
Questions
How often does the hanging man work on Axis Bank?
In 25 cases on Axis Bank, the target (1.5 × ATR) came before the stop (1 × ATR) 40% of the time and the stop came first 56%; 4% went nowhere within 12 candles.
What is the hanging man?
After a rise, a long lower wick warns that sellers are testing.