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Indian stock market · candlestick pattern
Shooting star on Eicher Motors
On Eicher Motors the shooting star showed up 20 times. The target came first 30% of the time, the stop 60%, and 10% went nowhere within 12 candles.
Counted on Eicher Motors: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 6 | 33% | 67% | 0% |
| Hourly | 14 | 29% | 57% | 14% |
Eicher Motors against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Eicher Motors | 20 | 30% | 60% | 10% |
| All Indian stock market charts | 1,265 | 38% | 56% | 6% |
| Every market | 10,013 | 36% | 57% | 7% |
The last 8 times
- 25 Jun 2026, 13:15 IST · hourly · target first after 1 candle
- 25 Jun 2026 · daily · target first after 2 candles
- 3 Jun 2026, 14:15 IST · hourly · went nowhere
- 8 Apr 2026, 13:15 IST · hourly · stop first after 10 candles
- 25 Mar 2026, 13:15 IST · hourly · target first after 3 candles
- 13 Feb 2026, 12:15 IST · hourly · target first after 8 candles
- 22 Dec 2025, 13:15 IST · hourly · stop first after 1 candle
- 2 Dec 2025, 09:15 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 shooting star is
After a rise, buyers pushed up and sellers slammed it back down.
A firework shoots high into the sky, sparkles, and then falls back down. A shooting star candle is like that: after a rise, price shot up during the candle, then sellers pushed it back down near where it started. The long top wick is the trail it left behind.
The full shooting star lesson, video and quiz ›
Other patterns on Eicher Motors
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · Volume profile rejection · MACD bearish cross · Volume profile bounce · MACD bullish cross · EMA 9/21 bullish cross · all of them
The shooting star elsewhere
Bharti Airtel · Infosys · Mahindra & Mahindra · Hindalco · Shriram Finance · Vedanta · Tata Steel · Bajaj Finserv · Tech Mahindra · Kotak Mahindra Bank · Dow Jones · Sony · GBP/USD · EUR/JPY · Silver · Ethereum · Bitcoin
Questions
How often does the shooting star work on Eicher Motors?
In 20 cases on Eicher Motors, the target (1.5 × ATR) came before the stop (1 × ATR) 30% of the time and the stop came first 60%; 10% went nowhere within 12 candles.
What is the shooting star?
After a rise, buyers pushed up and sellers slammed it back down.