Reliance vs TCS

We counted the same 22 buy and sell setups on both. Taken together, the target came first 40% of the time on Reliance and 41% on TCS. Pattern by pattern, Reliance did better in 8 and TCS in 13.

An average day's range (high to low) over the last 250 daily candles: Reliance 1.74%, TCS 2.16%. TCS 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	Reliance	TCS
Stochastic bearish cross	39% of 244	40% of 249
Stochastic bullish cross	43% of 226	40% of 252
MACD bearish cross	36% of 124	47% of 112
MACD bullish cross	39% of 115	39% of 120
Volume profile rejection	32% of 108	34% of 118
Gap up	40% of 99	49% of 108
EMA 9/21 bearish cross	35% of 102	38% of 102
EMA 9/21 bullish cross	49% of 100	45% of 102
RSI overbought drop	36% of 98	44% of 95
Gap down	41% of 88	51% of 97
Volume profile bounce	33% of 88	34% of 85
RSI oversold bounce	46% of 82	39% of 88
Bullish engulfing	37% of 35	43% of 42
Fibonacci bounce down	28% of 36	51% of 41
Bearish engulfing	40% of 40	54% of 28
Fibonacci bounce up	36% of 22	22% of 45
Bearish marubozu	57% of 21	38% of 45
Bullish harami	46% of 35	28% of 29
Tweezer top	46% of 28	36% of 25
Bearish harami	26% of 23	39% of 28
Bollinger breakout up	45% of 22	50% of 26
OBV bearish divergence	43% of 23	35% of 20

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 Reliance › Every pattern on TCS ›

Questions

Which is better for patterns, Reliance or TCS?

In our count the target came first 40% of the time on Reliance and 41% on TCS, across the same 22 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, Reliance or TCS?

Over the last 250 daily candles the average day's range was 1.74% for Reliance and 2.16% for TCS.