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Indian stock market · candlestick pattern
Shooting star on HDFC Bank
On HDFC Bank the shooting star showed up 27 times. The target came first 41% of the time, the stop 56%, and 4% went nowhere within 12 candles.
Counted on HDFC Bank: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 10 | 40% | 60% | 0% |
| Hourly | 17 | 41% | 53% | 6% |
HDFC Bank against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| HDFC Bank | 27 | 41% | 56% | 4% |
| All Indian stock market charts | 1,265 | 38% | 56% | 6% |
| Every market | 10,013 | 36% | 57% | 7% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2018 | 3 | 33% | 67% |
| 2025 | 10 | 40% | 60% |
| 2026 | 9 | 44% | 44% |
The last 8 times
- 17 Jun 2026, 11:15 IST · hourly · stop first after 5 candles
- 15 Jun 2026, 10:15 IST · hourly · went nowhere
- 7 May 2026, 12:15 IST · hourly · target first after 4 candles
- 7 May 2026, 10:15 IST · hourly · stop first after 1 candle
- 7 May 2026, 09:15 IST · hourly · stop first after 2 candles
- 21 Apr 2026, 13:15 IST · hourly · target first after 3 candles
- 28 Jan 2026, 11:15 IST · hourly · target first after 5 candles
- 28 Jan 2026, 10:15 IST · hourly · target first after 6 candles
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 HDFC Bank
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · Gap down · MACD bearish cross · Volume profile rejection · Gap up · Volume profile bounce · 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 HDFC Bank?
In 27 cases on HDFC Bank, the target (1.5 × ATR) came before the stop (1 × ATR) 41% of the time and the stop came first 56%; 4% went nowhere within 12 candles.
What is the shooting star?
After a rise, buyers pushed up and sellers slammed it back down.