Tata Steel vs JSW Steel

We counted the same 20 buy and sell setups on both. Taken together, the target came first 39% of the time on Tata Steel and 35% on JSW Steel. Pattern by pattern, Tata Steel did better in 15 and JSW Steel in 5.

An average day's range (high to low) over the last 250 daily candles: Tata Steel 2.27%, JSW Steel 2.13%. The two move by a similar amount in a normal day.

Target first, pattern by pattern

Pattern	Tata Steel	JSW Steel
Stochastic bearish cross	35% of 270	33% of 257
Stochastic bullish cross	45% of 205	40% of 191
MACD bearish cross	39% of 140	32% of 163
Volume profile rejection	39% of 129	37% of 133
Volume profile bounce	38% of 103	37% of 142
EMA 9/21 bullish cross	44% of 104	40% of 126
EMA 9/21 bearish cross	42% of 103	26% of 125
MACD bullish cross	36% of 110	35% of 109
RSI overbought drop	38% of 104	33% of 86
Gap up	47% of 111	31% of 74
Gap down	31% of 83	37% of 57
RSI oversold bounce	40% of 75	33% of 43
Fibonacci bounce up	38% of 48	29% of 28
Bearish engulfing	35% of 31	42% of 31
Bearish marubozu	36% of 28	24% of 33
Bullish engulfing	52% of 27	46% of 28
Bollinger breakout up	30% of 20	45% of 29
Shooting star	48% of 25	22% of 23
OBV bearish divergence	38% of 21	52% of 25
Tweezer top	29% of 21	30% of 23

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 Tata Steel › Every pattern on JSW Steel ›

Questions

Which is better for patterns, Tata Steel or JSW Steel?

In our count the target came first 39% of the time on Tata Steel and 35% on JSW Steel, across the same 20 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, Tata Steel or JSW Steel?

Over the last 250 daily candles the average day's range was 2.27% for Tata Steel and 2.13% for JSW Steel.