Indian stock market · candlestick pattern
Tweezer top on BHEL
On BHEL the tweezer top showed up 20 times. The target came first 30% of the time, the stop 65%, and 5% went nowhere within 12 candles.
Counted on BHEL: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 11 | 27% | 64% | 9% |
| Hourly | 9 | 33% | 67% | 0% |
BHEL against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| BHEL | 20 | 30% | 65% | 5% |
| All Indian stock market charts | 1,417 | 36% | 59% | 4% |
| Every market | 10,991 | 34% | 58% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2022 | 5 | 20% | 80% |
| 2025 | 7 | 43% | 57% |
| 2026 | 4 | 0% | 100% |
The last 8 times
- 30 Jun 2026, 12:15 IST · hourly · stop first after 5 candles
- 12 May 2026 · daily · stop first after 2 candles
- 8 May 2026 · daily · stop first after 11 candles
- 25 Feb 2026, 10:15 IST · hourly · stop first after 11 candles
- 29 Oct 2025, 13:15 IST · hourly · stop first after 2 candles
- 11 Sep 2025, 15:15 IST · hourly · stop first after 8 candles
- 29 Apr 2025, 10:15 IST · hourly · target first after 6 candles
- 4 Apr 2025, 11:15 IST · hourly · target first after 5 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 tweezer top is
Two candles hit the same high. That ceiling held twice.
Imagine jumping twice and bumping your head on the same spot of the ceiling both times. A tweezer top is two candles whose highest points land at almost exactly the same price. Buyers hit a ceiling twice, and it held both times.
The full tweezer top 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 tweezer top elsewhere
Bank Nifty · Bharti Airtel · Infosys · Mahindra & Mahindra · ICICI Bank · State Bank of India · Shriram Finance · Tata Power · Vedanta · Bajaj Finance · Dow Jones · Sony · GBP/USD · EUR/JPY · Gold · Silver · Ethereum · Bitcoin
Questions
How often does the tweezer top work on BHEL?
In 20 cases on BHEL, the target (1.5 × ATR) came before the stop (1 × ATR) 30% of the time and the stop came first 65%; 5% went nowhere within 12 candles.
What is the tweezer top?
Two candles hit the same high. That ceiling held twice.