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Indian stock market · candlestick pattern

Inside bar on IndusInd Bank

On IndusInd Bank the inside bar showed up 652 times. Within 12 candles price broke up 54% of the time, broke down 45% and stayed inside 1%.

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

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily23557%43%1%
Hourly41752%47%1%

IndusInd Bank against the rest

ChartsFoundBroke upBroke downStayed inside
IndusInd Bank65254%45%1%
All Indian stock market charts44,42152%47%1%
Every market274,73650%48%2%

Year by year

YearFoundBroke upBroke down
20162756%44%
20172966%34%
20182348%48%
20192245%55%
20202060%40%
20212658%42%
20222259%41%
20232352%48%
20242642%50%
202526449%50%
202617060%40%

The last 8 times

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 inside bar is

A candle fully inside the one before. The market is coiling.

Think of a small box that fits inside a bigger box. An inside bar is a candle whose whole range, wicks and all, fits inside the candle before it. Price is resting in a smaller space, like a spring being squeezed.

The full inside bar lesson, video and quiz ›

Other patterns on IndusInd Bank

Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · Volume profile bounce · Volume profile rejection · MACD bullish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them

The inside bar elsewhere

Sensex · Nifty 50 · Bank Nifty · Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · State Bank of India · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the inside bar work on IndusInd Bank?

In 652 cases on IndusInd Bank, price broke up 54% of the time, broke down 45% and stayed inside 1% within 12 candles.

What is the inside bar?

A candle fully inside the one before. The market is coiling.