Trading Class

Markets › IRFC › Bullish harami

Indian stock market · candlestick pattern

Bullish harami on IRFC

On IRFC the bullish harami showed up 24 times. The target came first 50% of the time, the stop 46%, and 4% went nowhere within 12 candles.

Counted on IRFC: daily candles from January 2021 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily425%75%0%
Hourly2055%40%5%

IRFC against the rest

ChartsFoundTarget firstStop firstWent nowhere
IRFC2450%46%4%
All Indian stock market charts1,80239%56%5%
Every market11,13534%56%10%

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 bullish harami is

A small candle inside a big red one. Selling is slowing down.

Imagine someone shouting loudly, then suddenly speaking in a whisper. A bullish harami is like that: after a big red candle, the next candle is small and green and fits inside the red body. The sellers' loud push has gone quiet.

The full bullish harami lesson, video and quiz ›

Other patterns on IRFC

Inside bar · Stochastic bullish cross · Spinning top · Stochastic bearish cross · Doji · MACD bullish cross · Volume profile rejection · RSI oversold bounce · Gap up · MACD bearish cross · all of them

The bullish harami elsewhere

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

Questions

How often does the bullish harami work on IRFC?

In 24 cases on IRFC, the target (1.5 × ATR) came before the stop (1 × ATR) 50% of the time and the stop came first 46%; 4% went nowhere within 12 candles.

What is the bullish harami?

A small candle inside a big red one. Selling is slowing down.