Markets › Kotak Mahindra Bank › Shooting star
Indian stock market · candlestick pattern
Shooting star on Kotak Mahindra Bank
On Kotak Mahindra Bank the shooting star showed up 29 times. The target came first 41% of the time, the stop 52%, and 7% went nowhere within 12 candles.
Counted on Kotak Mahindra Bank: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 9 | 33% | 56% | 11% |
| Hourly | 20 | 45% | 50% | 5% |
Kotak Mahindra Bank against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Kotak Mahindra Bank | 29 | 41% | 52% | 7% |
| All Indian stock market charts | 1,265 | 38% | 56% | 6% |
| Every market | 10,013 | 36% | 57% | 7% |
The last 8 times
- 31 Aug 2026 · daily · stop first after 1 candle
- 22 Jul 2026, 09:15 IST · hourly · target first after 4 candles
- 2 Jul 2026, 09:15 IST · hourly · went nowhere
- 24 Jun 2026, 11:15 IST · hourly · stop first after 5 candles
- 22 Apr 2026 · daily · stop first after 6 candles
- 3 Feb 2026, 10:15 IST · hourly · target first after 6 candles
- 22 Jan 2026, 15:15 IST · hourly · target first after 5 candles
- 24 Dec 2025, 12:15 IST · hourly · target first after 5 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 Kotak Mahindra Bank
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · Volume profile rejection · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · MACD bullish cross · all of them
The shooting star elsewhere
Bharti Airtel · Infosys · Mahindra & Mahindra · Hindalco · Shriram Finance · Vedanta · Tata Steel · Bajaj Finserv · Tech Mahindra · HDFC Bank · Dow Jones · Sony · GBP/USD · EUR/JPY · Silver · Ethereum · Bitcoin
Questions
How often does the shooting star work on Kotak Mahindra Bank?
In 29 cases on Kotak Mahindra Bank, the target (1.5 × ATR) came before the stop (1 × ATR) 41% of the time and the stop came first 52%; 7% went nowhere within 12 candles.
What is the shooting star?
After a rise, buyers pushed up and sellers slammed it back down.