Markets › Dr Reddy's › Inverted hammer
Indian stock market · candlestick pattern
Inverted hammer on Dr Reddy's
On Dr Reddy's the inverted hammer showed up 25 times. The target came first 40% of the time, the stop 52%, and 8% went nowhere within 12 candles.
Counted on Dr Reddy's: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 7 | 57% | 29% | 14% |
| Hourly | 18 | 33% | 61% | 6% |
Dr Reddy's against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Dr Reddy's | 25 | 40% | 52% | 8% |
| All Indian stock market charts | 1,119 | 41% | 53% | 5% |
| Every market | 6,734 | 37% | 55% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2021 | 3 | 33% | 33% |
| 2025 | 12 | 33% | 58% |
| 2026 | 7 | 43% | 57% |
The last 8 times
- 23 Jul 2026, 11:15 IST · hourly · stop first after 5 candles
- 16 Jul 2026, 09:15 IST · hourly · stop first after 5 candles
- 8 Jun 2026 · daily · target first after 11 candles
- 29 May 2026, 12:15 IST · hourly · stop first after 2 candles
- 27 Mar 2026, 15:15 IST · hourly · stop first after 1 candle
- 19 Mar 2026, 14:15 IST · hourly · target first after 2 candles
- 2 Feb 2026, 15:15 IST · hourly · target first after 1 candle
- 24 Dec 2025, 14:15 IST · hourly · went nowhere
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 inverted hammer is
After a fall, buyers tried to push up. A first sign of interest.
Imagine a kid who keeps losing a game and finally jumps as high as they can. They land back down, but everyone noticed the jump. An inverted hammer is that jump: after a fall, buyers pushed price up high during the candle, even though it slid back before the close.
The full inverted hammer 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 inverted hammer elsewhere
Shriram Finance · Hero MotoCorp · Bharat Electronics · Canara Bank · Larsen & Toubro · Wipro · Yes Bank · Adani Power · IRCTC · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Ethereum · Bitcoin
Questions
How often does the inverted hammer work on Dr Reddy's?
In 25 cases on Dr Reddy's, the target (1.5 × ATR) came before the stop (1 × ATR) 40% of the time and the stop came first 52%; 8% went nowhere within 12 candles.
What is the inverted hammer?
After a fall, buyers tried to push up. A first sign of interest.