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Hero MotoCorp chart patterns
We ran 59 candlestick patterns, chart patterns and indicator signals over Hero MotoCorp (daily candles from January 2015 and hourly candles from October 2024) and counted 3,103 cases. Here is how often each one reached its target before its stop.
Best on Hero MotoCorp: bullish marubozu (59% of 22), atr expansion down (57% of 21), inverted hammer (54% of 26). Weakest: bearish marubozu (32% of 25), fibonacci bounce up (33% of 52), bearish engulfing (34% of 38). 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 |
|---|---|---|---|---|
| Bullish marubozu | 22 | 59% | 41% | 0% |
| ATR expansion down | 21 | 57% | 43% | 0% |
| Inverted hammer | 26 | 54% | 46% | 0% |
| Bollinger breakout down | 23 | 52% | 48% | 0% |
| Fibonacci bounce down | 54 | 50% | 50% | 0% |
| ATR expansion up | 22 | 50% | 45% | 5% |
| Volume profile rejection | 139 | 46% | 50% | 4% |
| OBV bullish divergence | 25 | 44% | 56% | 0% |
| Stochastic bullish cross | 237 | 43% | 53% | 4% |
| RSI overbought drop | 94 | 43% | 54% | 3% |
| Hammer | 31 | 42% | 52% | 6% |
| Bullish engulfing | 31 | 42% | 52% | 6% |
| RSI oversold bounce | 70 | 41% | 50% | 9% |
| EMA 9/21 bullish cross | 108 | 41% | 56% | 4% |
| Stochastic bearish cross | 240 | 40% | 57% | 3% |
| MACD bullish cross | 113 | 38% | 58% | 4% |
| Bullish harami | 29 | 38% | 59% | 3% |
| EMA 9/21 bearish cross | 106 | 38% | 58% | 5% |
| Gap up | 100 | 37% | 54% | 9% |
| Gap down | 57 | 37% | 63% | 0% |
| Volume profile bounce | 83 | 36% | 59% | 5% |
| MACD bearish cross | 122 | 35% | 62% | 2% |
| Bearish harami | 29 | 34% | 59% | 7% |
| Bearish engulfing | 38 | 34% | 61% | 5% |
| Fibonacci bounce up | 52 | 33% | 63% | 4% |
| Bearish marubozu | 25 | 32% | 68% | 0% |
Neutral patterns
| Pattern | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Inside bar | 687 | 55% | 44% | 1% |
| Spinning top | 166 | 54% | 45% | 2% |
| Doji | 122 | 50% | 49% | 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 Hero MotoCorp 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 Hero MotoCorp?
In our count the bullish marubozu reached its target first most often on Hero MotoCorp: 59% of 22 cases. No pattern works every time; past odds are not a forecast.
Which candlestick pattern works best on Hero MotoCorp?
The bullish marubozu: target first 59% of 22 times on Hero MotoCorp.
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.