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Indian stock market · candlestick pattern
Inverted hammer on IRCTC
On IRCTC the inverted hammer showed up 22 times. The target came first 45% of the time, the stop 50%, and 5% went nowhere within 12 candles.
Counted on IRCTC: daily candles from October 2019 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 3 | 33% | 67% | 0% |
| Hourly | 19 | 47% | 47% | 5% |
IRCTC against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| IRCTC | 22 | 45% | 50% | 5% |
| All Indian stock market charts | 1,119 | 41% | 53% | 5% |
| Every market | 6,734 | 37% | 55% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2024 | 3 | 33% | 67% |
| 2025 | 10 | 60% | 30% |
| 2026 | 8 | 25% | 75% |
The last 8 times
- 3 Sep 2026, 09:15 IST · hourly · stop first after 5 candles
- 1 Sep 2026, 12:15 IST · hourly · stop first after 4 candles
- 24 Jul 2026, 09:15 IST · hourly · target first after 3 candles
- 8 Jul 2026, 11:15 IST · hourly · stop first after 2 candles
- 7 Jul 2026, 14:15 IST · hourly · stop first after 2 candles
- 22 May 2026 · daily · stop first after 4 candles
- 24 Apr 2026, 14:15 IST · hourly · target first after 2 candles
- 9 Jan 2026, 10:15 IST · hourly · stop 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 inverted hammer is
After a fall, buyers tried to push up. A first sign of interest.
Imagine a kid who keeps losing a game and finally jumps as high as they can. They land back down, but everyone noticed the jump. An inverted hammer is that jump: after a fall, buyers pushed price up high during the candle, even though it slid back before the close.
The full inverted hammer lesson, video and quiz ›
Other patterns on IRCTC
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Doji · MACD bullish cross · RSI oversold bounce · Volume profile rejection · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them
The inverted hammer elsewhere
Shriram Finance · Hero MotoCorp · Dr Reddy's · Bharat Electronics · Canara Bank · Larsen & Toubro · Wipro · Yes Bank · Adani Power · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Ethereum · Bitcoin
Questions
How often does the inverted hammer work on IRCTC?
In 22 cases on IRCTC, the target (1.5 × ATR) came before the stop (1 × ATR) 45% of the time and the stop came first 50%; 5% went nowhere within 12 candles.
What is the inverted hammer?
After a fall, buyers tried to push up. A first sign of interest.