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Indian stock market · candlestick pattern

Shooting star on Hindalco

On Hindalco the shooting star showed up 23 times. The target came first 39% of the time, the stop 61%, and 0% went nowhere within 12 candles.

Counted on Hindalco: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

Hindalco against the rest

The last 8 times

• 17 Aug 2026, 14:15 IST · hourly · target first after 2 candles
• 11 Aug 2026 · daily · stop first after 1 candle
• 20 May 2026, 10:15 IST · hourly · stop first after 6 candles
• 27 Apr 2026, 14:15 IST · hourly · stop first after 2 candles
• 6 Mar 2026, 10:15 IST · hourly · target first after 6 candles
• 19 Feb 2026, 11:15 IST · hourly · stop first after 1 candle
• 29 Jan 2026, 09:15 IST · hourly · stop first after 1 candle
• 6 Jan 2026 · daily · target first after 2 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 Hindalco

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · MACD bearish cross · Doji · Volume profile rejection · Gap up · RSI overbought drop · EMA 9/21 bullish cross · all of them

The shooting star elsewhere

Bharti Airtel · Infosys · Mahindra & Mahindra · Shriram Finance · Vedanta · Tata Steel · Bajaj Finserv · Tech Mahindra · Kotak Mahindra Bank · HDFC Bank · Dow Jones · Sony · GBP/USD · EUR/JPY · Silver · Ethereum · Bitcoin