Indian stock market · candlestick pattern
Hammer on Cipla
On Cipla the hammer showed up 23 times. The target came first 35% of the time, the stop 48%, and 17% went nowhere within 12 candles.
Counted on Cipla: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 10 | 20% | 60% | 20% |
| Hourly | 13 | 46% | 38% | 15% |
Cipla against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Cipla | 23 | 35% | 48% | 17% |
| All Indian stock market charts | 1,222 | 40% | 55% | 5% |
| Every market | 11,792 | 31% | 58% | 10% |
The last 8 times
- 11 Sep 2026 · daily · stop first after 2 candles
- 23 Jul 2026, 09:15 IST · hourly · stop first after 2 candles
- 13 Jul 2026, 10:15 IST · hourly · target first after 6 candles
- 12 May 2026, 09:15 IST · hourly · stop first after 6 candles
- 20 Jan 2026, 12:15 IST · hourly · target first after 4 candles
- 8 Jan 2026, 09:15 IST · hourly · went nowhere
- 7 Jan 2026, 13:15 IST · hourly · went nowhere
- 9 Dec 2025, 11:15 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 hammer is
After a fall, a long lower wick shows buyers stepped in.
Drop a ball on the floor and it bounces back up. A hammer candle is like that: price fell a lot during the candle, then buyers bounced it back up near where it started. The long tail below shows how far it dropped before the bounce.
The full hammer lesson, video and quiz ›
Other patterns on Cipla
Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · Volume profile rejection · Doji · MACD bearish cross · Volume profile bounce · MACD bullish cross · EMA 9/21 bullish cross · all of them
The hammer elsewhere
Nifty 50 · Bharti Airtel · Mahindra & Mahindra · Hindalco · State Bank of India · Shriram Finance · Tata Power · Vedanta · Grasim · Kotak Mahindra Bank · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Ethereum · Bitcoin
Questions
How often does the hammer work on Cipla?
In 23 cases on Cipla, the target (1.5 × ATR) came before the stop (1 × ATR) 35% of the time and the stop came first 48%; 17% went nowhere within 12 candles.
What is the hammer?
After a fall, a long lower wick shows buyers stepped in.