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HDFC Life chart patterns
We ran 58 candlestick patterns, chart patterns and indicator signals over HDFC Life (daily candles from November 2017 and hourly candles from October 2024) and counted 2,708 cases. Here is how often each one reached its target before its stop.
Best on HDFC Life: fibonacci bounce down (64% of 28), bullish harami (52% of 25), bearish marubozu (48% of 27). Weakest: tweezer top (24% of 25), bullish marubozu (27% of 22), gap down (34% of 59). 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 |
|---|---|---|---|---|
| Fibonacci bounce down | 28 | 64% | 36% | 0% |
| Bullish harami | 25 | 52% | 44% | 4% |
| Bearish marubozu | 27 | 48% | 52% | 0% |
| EMA 9/21 bearish cross | 99 | 45% | 52% | 3% |
| OBV bullish divergence | 22 | 45% | 55% | 0% |
| Shooting star | 21 | 43% | 57% | 0% |
| OBV bearish divergence | 21 | 43% | 57% | 0% |
| Bullish engulfing | 38 | 42% | 58% | 0% |
| RSI overbought drop | 67 | 42% | 57% | 1% |
| Stochastic bullish cross | 198 | 40% | 55% | 5% |
| EMA 9/21 bullish cross | 97 | 40% | 57% | 3% |
| Volume profile rejection | 129 | 40% | 52% | 9% |
| Volume profile bounce | 106 | 38% | 60% | 2% |
| Stochastic bearish cross | 189 | 38% | 60% | 3% |
| Fibonacci bounce up | 51 | 37% | 61% | 2% |
| MACD bullish cross | 119 | 37% | 59% | 4% |
| MACD bearish cross | 99 | 36% | 60% | 4% |
| Bearish engulfing | 25 | 36% | 64% | 0% |
| Gap up | 62 | 35% | 61% | 3% |
| RSI oversold bounce | 74 | 35% | 59% | 5% |
| Gap down | 59 | 34% | 63% | 3% |
| Bullish marubozu | 22 | 27% | 68% | 5% |
| Tweezer top | 25 | 24% | 68% | 8% |
Neutral patterns
| Pattern | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Inside bar | 561 | 52% | 47% | 1% |
| Spinning top | 150 | 51% | 48% | 1% |
| Doji | 129 | 43% | 55% | 2% |
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 HDFC Life 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.
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Questions
Which pattern worked best on HDFC Life?
In our count the fibonacci bounce down reached its target first most often on HDFC Life: 64% of 28 cases. No pattern works every time; past odds are not a forecast.
Which candlestick pattern works best on HDFC Life?
The bullish harami: target first 52% of 25 times on HDFC Life.
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.