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Mahindra & Mahindra chart patterns
We ran 60 candlestick patterns, chart patterns and indicator signals over Mahindra & Mahindra (daily candles from January 2015 and hourly candles from October 2024) and counted 3,330 cases. Here is how often each one reached its target before its stop.
Best on Mahindra & Mahindra: bearish marubozu (55% of 29), bearish harami (48% of 25), obv bullish divergence (48% of 21). Weakest: fibonacci bounce up (26% of 47), atr expansion down (27% of 22), hammer (27% of 22). Most patterns hit the stop more often than the target: that is why the app teaches context and risk, not single signals.
Buy and sell setups, ranked
| Pattern | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Bearish marubozu | 29 | 55% | 41% | 3% |
| Bearish harami | 25 | 48% | 52% | 0% |
| OBV bullish divergence | 21 | 48% | 52% | 0% |
| Tweezer top | 29 | 45% | 55% | 0% |
| RSI oversold bounce | 83 | 43% | 52% | 5% |
| MACD bearish cross | 133 | 43% | 54% | 3% |
| Bollinger breakout up | 33 | 42% | 52% | 6% |
| Bullish engulfing | 26 | 42% | 46% | 12% |
| Stochastic bearish cross | 276 | 42% | 54% | 4% |
| MACD bullish cross | 114 | 41% | 54% | 4% |
| Bullish marubozu | 27 | 41% | 59% | 0% |
| Gap down | 71 | 39% | 59% | 1% |
| Stochastic bullish cross | 234 | 39% | 57% | 3% |
| Bollinger breakout down | 21 | 38% | 62% | 0% |
| Bullish harami | 29 | 38% | 59% | 3% |
| Volume profile rejection | 132 | 38% | 58% | 5% |
| EMA 9/21 bullish cross | 117 | 37% | 58% | 5% |
| Bearish engulfing | 47 | 36% | 62% | 2% |
| EMA 9/21 bearish cross | 114 | 36% | 59% | 5% |
| Volume profile bounce | 92 | 35% | 63% | 2% |
| ATR expansion up | 21 | 33% | 62% | 5% |
| Gap up | 101 | 33% | 64% | 3% |
| RSI overbought drop | 91 | 32% | 64% | 4% |
| Shooting star | 21 | 29% | 67% | 5% |
| Fibonacci bounce down | 55 | 27% | 65% | 7% |
| Hammer | 22 | 27% | 73% | 0% |
| ATR expansion down | 22 | 27% | 73% | 0% |
| Fibonacci bounce up | 47 | 26% | 74% | 0% |
Neutral patterns
| Pattern | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Inside bar | 705 | 52% | 47% | 1% |
| Doji | 170 | 49% | 51% | 0% |
| Spinning top | 192 | 43% | 57% | 1% |
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.
Learn to read Mahindra & Mahindra charts
- India: NSE and BSEIn India, shares trade on NSE and BSE from 9:15 until about 3:30, and SEBI is the referee.
- What one candle tells youEvery candle shows four prices: where it started, its highest, its lowest and where it finished.
- Bodies and wicks: the tug of warA big body means one side won; a long wick means a push that got pushed back.
- The hammerA hammer after a fall shows sellers pushed hard but buyers pushed the price back up.
- Rule one: stay in the gameLose half your money and you must double what is left just to get back to the start.
- The stop-loss: decide your exit firstA stop-loss is the price where your idea is wrong, and you choose it before you enter.
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Questions
Which pattern worked best on Mahindra & Mahindra?
In our count the bearish marubozu reached its target first most often on Mahindra & Mahindra: 55% of 29 cases. No pattern works every time; past odds are not a forecast.
Which candlestick pattern works best on Mahindra & Mahindra?
The bearish marubozu: target first 55% of 29 times on Mahindra & Mahindra.
How were these numbers counted?
Every case enters at the signal candle's close with a target 1.5 × ATR(14) away and a stop 1 × ATR(14) away, and gets 12 candles to reach one of them. Only clean stretches of real sessions are used.