Indian stock market · candlestick pattern
Hammer on LIC
On LIC the hammer showed up 25 times. The target came first 28% of the time, the stop 72%, and 0% went nowhere within 12 candles.
Counted on LIC: daily candles from May 2022 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 1 | 0% | 100% | 0% |
| Hourly | 24 | 29% | 71% | 0% |
LIC against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| LIC | 25 | 28% | 72% | 0% |
| All Indian stock market charts | 1,222 | 40% | 55% | 5% |
| Every market | 11,792 | 31% | 58% | 10% |
The last 8 times
- 20 Jul 2026, 12:15 IST · hourly · stop first after 7 candles
- 2 Apr 2026, 14:15 IST · hourly · stop first after 2 candles
- 2 Mar 2026, 13:15 IST · hourly · stop first after 3 candles
- 13 Feb 2026, 15:15 IST · hourly · stop first after 1 candle
- 8 Jan 2026, 11:15 IST · hourly · stop first after 5 candles
- 7 Jan 2026, 13:15 IST · hourly · stop first after 4 candles
- 18 Dec 2025, 09:15 IST · hourly · stop first after 1 candle
- 9 Dec 2025 · daily · stop first after 6 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 hammer is
After a fall, a long lower wick shows buyers stepped in.
Drop a ball on the floor and it bounces back up. A hammer candle is like that: price fell a lot during the candle, then buyers bounced it back up near where it started. The long tail below shows how far it dropped before the bounce.
The full hammer lesson, video and quiz ›
Other patterns on LIC
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Gap up · MACD bullish cross · Doji · MACD bearish cross · RSI oversold bounce · Volume profile rejection · all of them
The hammer elsewhere
Nifty 50 · Bharti Airtel · Mahindra & Mahindra · Hindalco · State Bank of India · Shriram Finance · Tata Power · Vedanta · Grasim · Kotak Mahindra Bank · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Ethereum · Bitcoin
Questions
How often does the hammer work on LIC?
In 25 cases on LIC, the target (1.5 × ATR) came before the stop (1 × ATR) 28% of the time and the stop came first 72%; 0% went nowhere within 12 candles.
What is the hammer?
After a fall, a long lower wick shows buyers stepped in.