Indian stock market · candlestick pattern
Doji on BHEL
On BHEL the doji showed up 93 times. Within 12 candles price broke up 46% of the time, broke down 54% and stayed inside 0%.
Counted on BHEL: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Daily | 47 | 53% | 47% | 0% |
| Hourly | 46 | 39% | 61% | 0% |
BHEL against the rest
| Charts | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| BHEL | 93 | 46% | 54% | 0% |
| All Indian stock market charts | 10,066 | 50% | 48% | 1% |
| Every market | 69,197 | 49% | 49% | 3% |
Year by year
| Year | Found | Broke up | Broke down |
|---|---|---|---|
| 2016 | 3 | 67% | 33% |
| 2017 | 8 | 75% | 25% |
| 2018 | 6 | 17% | 83% |
| 2019 | 3 | 33% | 67% |
| 2021 | 7 | 57% | 43% |
| 2022 | 6 | 83% | 17% |
| 2023 | 4 | 25% | 75% |
| 2024 | 4 | 50% | 50% |
| 2025 | 37 | 49% | 51% |
| 2026 | 14 | 21% | 79% |
The last 8 times
- 3 Jul 2026, 09:15 IST · hourly · broke down after 2 candles
- 18 Jun 2026, 14:15 IST · hourly · broke up after 2 candles
- 17 Jun 2026, 09:15 IST · hourly · broke up after 5 candles
- 4 Jun 2026, 10:15 IST · hourly · broke down after 2 candles
- 3 Jun 2026, 14:15 IST · hourly · broke down after 5 candles
- 2 Jun 2026, 14:15 IST · hourly · broke down after 2 candles
- 16 Apr 2026, 15:15 IST · hourly · broke down after 1 candle
- 10 Apr 2026, 14:15 IST · hourly · broke down 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 doji is
Open and close are almost equal. Buyers and sellers are in a tie.
Picture a tug of war where both teams pull hard, but when the whistle blows the flag is right back in the middle. A doji candle is that tie: price moved up and down, but it closed almost exactly where it opened. Nobody won this round.
The full doji lesson, video and quiz ›
Other patterns on BHEL
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Volume profile rejection · MACD bullish cross · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · Volume profile bounce · all of them
The doji 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 · GBP/USD · EUR/JPY · Gold · Silver
Questions
How often does the doji work on BHEL?
In 93 cases on BHEL, price broke up 46% of the time, broke down 54% and stayed inside 0% within 12 candles.
What is the doji?
Open and close are almost equal. Buyers and sellers are in a tie.