Trading Class

Markets › Bank Nifty › Inside bar

Indian stock market · candlestick pattern

Inside bar on Bank Nifty

On Bank Nifty the inside bar showed up 548 times. Within 12 candles price broke up 54% of the time, broke down 46% and stayed inside 1%.

Counted on Bank Nifty: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily8951%49%0%
Hourly45954%45%1%

Bank Nifty against the rest

ChartsFoundBroke upBroke downStayed inside
Bank Nifty54854%46%1%
All Indian stock market charts44,42152%47%1%
Every market274,73650%48%2%

Year by year

YearFoundBroke upBroke down
20177100%0%
2018729%71%
20191050%50%
20201638%62%
20211233%67%
20221040%60%
2023580%20%
20241547%53%
202525657%42%
202621051%48%

The last 8 times

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 inside bar is

A candle fully inside the one before. The market is coiling.

Think of a small box that fits inside a bigger box. An inside bar is a candle whose whole range, wicks and all, fits inside the candle before it. Price is resting in a smaller space, like a spring being squeezed.

The full inside bar lesson, video and quiz ›

Other patterns on Bank Nifty

Stochastic bearish cross · Stochastic bullish cross · Spinning top · Gap up · Gap down · MACD bearish cross · Doji · MACD bullish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them

The inside bar elsewhere

Sensex · Nifty 50 · Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · State Bank of India · Shriram Finance · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the inside bar work on Bank Nifty?

In 548 cases on Bank Nifty, price broke up 54% of the time, broke down 46% and stayed inside 1% within 12 candles.

What is the inside bar?

A candle fully inside the one before. The market is coiling.