Indian stock market · candlestick pattern
Doji on JSW Steel
On JSW Steel the doji showed up 168 times. Within 12 candles price broke up 54% of the time, broke down 45% and stayed inside 1%.
Counted on JSW Steel: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Daily | 79 | 57% | 42% | 1% |
| Hourly | 89 | 52% | 48% | 0% |
JSW Steel against the rest
| Charts | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| JSW Steel | 168 | 54% | 45% | 1% |
| All Indian stock market charts | 10,066 | 50% | 48% | 1% |
| Every market | 69,197 | 49% | 49% | 3% |
Year by year
| Year | Found | Broke up | Broke down |
|---|---|---|---|
| 2016 | 13 | 54% | 46% |
| 2017 | 11 | 73% | 27% |
| 2018 | 12 | 42% | 58% |
| 2019 | 3 | 0% | 100% |
| 2020 | 8 | 100% | 0% |
| 2021 | 9 | 56% | 33% |
| 2022 | 3 | 33% | 67% |
| 2023 | 6 | 67% | 33% |
| 2024 | 4 | 0% | 100% |
| 2025 | 64 | 56% | 44% |
| 2026 | 35 | 49% | 51% |
The last 8 times
- 1 Sep 2026 · daily · broke down after 6 candles
- 28 Aug 2026 · daily · broke down after 1 candle
- 20 Aug 2026 · daily · broke up after 2 candles
- 8 Jul 2026, 09:15 IST · hourly · broke down after 4 candles
- 30 Jun 2026, 14:15 IST · hourly · broke down after 2 candles
- 30 Jun 2026, 09:15 IST · hourly · broke down after 5 candles
- 24 Jun 2026, 15:15 IST · hourly · broke up after 8 candles
- 12 Jun 2026, 09:15 IST · hourly · broke up after 7 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 doji is
Open and close are almost equal. Buyers and sellers are in a tie.
Picture a tug of war where both teams pull hard, but when the whistle blows the flag is right back in the middle. A doji candle is that tie: price moved up and down, but it closed almost exactly where it opened. Nobody won this round.
The full doji lesson, video and quiz ›
Other patterns on JSW Steel
Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · MACD bearish cross · Volume profile bounce · Volume profile rejection · EMA 9/21 bullish cross · EMA 9/21 bearish cross · MACD bullish cross · all of them
The doji 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 doji work on JSW Steel?
In 168 cases on JSW Steel, price broke up 54% of the time, broke down 45% and stayed inside 1% within 12 candles.
What is the doji?
Open and close are almost equal. Buyers and sellers are in a tie.