Indian stock market · candlestick pattern
Doji on LIC
On LIC the doji showed up 80 times. Within 12 candles price broke up 50% of the time, broke down 50% and stayed inside 0%.
Counted on LIC: daily candles from May 2022 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Daily | 15 | 60% | 40% | 0% |
| Hourly | 65 | 48% | 52% | 0% |
LIC against the rest
| Charts | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| LIC | 80 | 50% | 50% | 0% |
| 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 |
|---|---|---|---|
| 2024 | 5 | 40% | 60% |
| 2025 | 41 | 49% | 51% |
| 2026 | 32 | 53% | 47% |
The last 8 times
- 31 Aug 2026 · daily · broke down after 2 candles
- 18 Aug 2026 · daily · broke up after 2 candles
- 17 Aug 2026, 09:15 IST · hourly · broke down after 9 candles
- 14 Aug 2026, 11:15 IST · hourly · broke up after 3 candles
- 13 Aug 2026, 09:15 IST · hourly · broke down after 7 candles
- 27 Jul 2026, 12:15 IST · hourly · broke up after 3 candles
- 24 Jul 2026 · daily · broke up after 2 candles
- 23 Jul 2026, 10:15 IST · hourly · broke down 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 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 LIC
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Gap up · MACD bullish cross · MACD bearish cross · RSI oversold bounce · Volume profile rejection · EMA 9/21 bearish 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 LIC?
In 80 cases on LIC, price broke up 50% of the time, broke down 50% and stayed inside 0% within 12 candles.
What is the doji?
Open and close are almost equal. Buyers and sellers are in a tie.