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Grasim chart patterns
We ran 58 candlestick patterns, chart patterns and indicator signals over Grasim (daily candles from January 2015 and hourly candles from October 2024) and counted 3,154 cases. Here is how often each one reached its target before its stop.
Best on Grasim: tweezer top (57% of 23), gap up (53% of 66), bollinger breakout up (48% of 21). Weakest: fibonacci bounce down (5% of 37), bullish marubozu (23% of 22), fibonacci bounce up (23% of 47). Most patterns hit the stop more often than the target: that is why the app teaches context and risk, not single signals.
Buy and sell setups, ranked
| Pattern | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Tweezer top | 23 | 57% | 43% | 0% |
| Gap up | 66 | 53% | 42% | 5% |
| Bollinger breakout up | 21 | 48% | 52% | 0% |
| Hammer | 26 | 46% | 50% | 4% |
| Tweezer bottom | 20 | 45% | 50% | 5% |
| MACD bullish cross | 96 | 45% | 49% | 6% |
| Stochastic bullish cross | 210 | 44% | 50% | 6% |
| Bearish engulfing | 33 | 42% | 55% | 3% |
| EMA 9/21 bearish cross | 114 | 42% | 55% | 3% |
| Bullish harami | 24 | 42% | 54% | 4% |
| RSI oversold bounce | 77 | 40% | 53% | 6% |
| OBV bullish divergence | 20 | 40% | 50% | 10% |
| Volume profile rejection | 165 | 39% | 55% | 6% |
| Bullish engulfing | 26 | 38% | 62% | 0% |
| MACD bearish cross | 141 | 38% | 60% | 1% |
| EMA 9/21 bullish cross | 114 | 38% | 56% | 6% |
| Stochastic bearish cross | 274 | 37% | 59% | 4% |
| Volume profile bounce | 125 | 35% | 62% | 3% |
| Bollinger breakout down | 27 | 33% | 63% | 4% |
| RSI overbought drop | 97 | 33% | 64% | 3% |
| Bearish marubozu | 25 | 28% | 72% | 0% |
| Gap down | 49 | 24% | 73% | 2% |
| Fibonacci bounce up | 47 | 23% | 66% | 11% |
| Bullish marubozu | 22 | 23% | 77% | 0% |
| Fibonacci bounce down | 37 | 5% | 92% | 3% |
Neutral patterns
| Pattern | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Spinning top | 192 | 53% | 46% | 1% |
| Inside bar | 656 | 52% | 47% | 0% |
| Doji | 183 | 50% | 50% | 1% |
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.
Learn to read Grasim charts
- India: NSE and BSEIn India, shares trade on NSE and BSE from 9:15 until about 3:30, and SEBI is the referee.
- What one candle tells youEvery candle shows four prices: where it started, its highest, its lowest and where it finished.
- Bodies and wicks: the tug of warA big body means one side won; a long wick means a push that got pushed back.
- The hammerA hammer after a fall shows sellers pushed hard but buyers pushed the price back up.
- Rule one: stay in the gameLose half your money and you must double what is left just to get back to the start.
- The stop-loss: decide your exit firstA stop-loss is the price where your idea is wrong, and you choose it before you enter.
More Indian stock market charts
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Questions
Which pattern worked best on Grasim?
In our count the tweezer top reached its target first most often on Grasim: 57% of 23 cases. No pattern works every time; past odds are not a forecast.
Which candlestick pattern works best on Grasim?
The tweezer top: target first 57% of 23 times on Grasim.
How were these numbers counted?
Every case enters at the signal candle's close with a target 1.5 × ATR(14) away and a stop 1 × ATR(14) away, and gets 12 candles to reach one of them. Only clean stretches of real sessions are used.