Bank Nifty vs Sensex

We counted the same 18 buy and sell setups on both. Taken together, the target came first 37% of the time on Bank Nifty and 40% on Sensex. Pattern by pattern, Bank Nifty did better in 5 and Sensex in 12.

An average day's range (high to low) over the last 250 daily candles: Bank Nifty 1.16%, Sensex 0.97%. Bank Nifty moves about 1.2 times as much in a normal day, so a stop set by ATR sits further from the entry.

Target first, pattern by pattern

Pattern	Bank Nifty	Sensex
Stochastic bearish cross	36% of 243	36% of 293
Stochastic bullish cross	40% of 191	44% of 217
Gap up	32% of 129	35% of 181
Gap down	36% of 127	42% of 138
MACD bearish cross	37% of 115	48% of 125
MACD bullish cross	41% of 99	37% of 110
EMA 9/21 bearish cross	45% of 93	39% of 98
EMA 9/21 bullish cross	39% of 94	46% of 97
RSI overbought drop	30% of 73	32% of 109
RSI oversold bounce	36% of 69	44% of 82
Fibonacci bounce down	18% of 51	40% of 57
Bearish marubozu	27% of 22	56% of 50
Bearish engulfing	35% of 26	34% of 44
Bullish harami	35% of 23	17% of 35
Bullish marubozu	41% of 27	45% of 29
Bullish engulfing	54% of 26	62% of 29
Bollinger breakout up	36% of 28	48% of 27
Tweezer bottom	62% of 21	50% of 22

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.

Every pattern on Bank Nifty › Every pattern on Sensex ›

Questions

Which is better for patterns, Bank Nifty or Sensex?

In our count the target came first 37% of the time on Bank Nifty and 40% on Sensex, across the same 18 setups. Neither is reliable on its own: most setups hit the stop first on both. Past data, not a forecast.

Which moves more in a day, Bank Nifty or Sensex?

Over the last 250 daily candles the average day's range was 1.16% for Bank Nifty and 0.97% for Sensex.