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Indian stock market · candlestick pattern

Bullish harami on Dr Reddy's

On Dr Reddy's the bullish harami showed up 23 times. The target came first 43% of the time, the stop 39%, and 17% went nowhere within 12 candles.

Counted on Dr Reddy's: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily850%38%12%
Hourly1540%40%20%

Dr Reddy's against the rest

ChartsFoundTarget firstStop firstWent nowhere
Dr Reddy's2343%39%17%
All Indian stock market charts1,80239%56%5%
Every market11,13534%56%10%

Year by year

YearFoundTarget firstStop first
2021333%33%
2025633%50%
20261050%30%

The last 8 times

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 bullish harami is

A small candle inside a big red one. Selling is slowing down.

Imagine someone shouting loudly, then suddenly speaking in a whisper. A bullish harami is like that: after a big red candle, the next candle is small and green and fits inside the red body. The sellers' loud push has gone quiet.

The full bullish harami lesson, video and quiz ›

Other patterns on Dr Reddy's

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Volume profile rejection · Doji · MACD bullish cross · Volume profile bounce · MACD bearish cross · EMA 9/21 bearish cross · all of them

The bullish harami elsewhere

Sensex · Nifty 50 · Bank Nifty · Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · State Bank of India · Shriram Finance · Dow Jones · S&P 500 · Nikkei 225 · GBP/USD · EUR/JPY · Silver · Ethereum · Bitcoin

Questions

How often does the bullish harami work on Dr Reddy's?

In 23 cases on Dr Reddy's, the target (1.5 × ATR) came before the stop (1 × ATR) 43% of the time and the stop came first 39%; 17% went nowhere within 12 candles.

What is the bullish harami?

A small candle inside a big red one. Selling is slowing down.