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Indian stock market · candlestick pattern

Inside bar on Dr Reddy's

On Dr Reddy's the inside bar showed up 678 times. Within 12 candles price broke up 55% of the time, broke down 44% and stayed inside 1%.

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

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily23557%41%2%
Hourly44354%46%0%

Dr Reddy's against the rest

ChartsFoundBroke upBroke downStayed inside
Dr Reddy's67855%44%1%
All Indian stock market charts44,42152%47%1%
Every market274,73650%48%2%

Year by year

YearFoundBroke upBroke down
20162365%35%
20173040%57%
20182654%42%
20191464%36%
20201377%15%
20213050%47%
20222576%24%
20232462%38%
20243453%47%
202530955%45%
202615052%48%

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 inside bar is

A candle fully inside the one before. The market is coiling.

Think of a small box that fits inside a bigger box. An inside bar is a candle whose whole range, wicks and all, fits inside the candle before it. Price is resting in a smaller space, like a spring being squeezed.

The full inside bar lesson, video and quiz ›

Other patterns on Dr Reddy's

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 · EMA 9/21 bullish cross · all of them

The inside bar elsewhere

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

Questions

How often does the inside bar work on Dr Reddy's?

In 678 cases on Dr Reddy's, price broke up 55% of the time, broke down 44% and stayed inside 1% within 12 candles.

What is the inside bar?

A candle fully inside the one before. The market is coiling.