Indian stock market · candlestick pattern
Doji on Reliance
On Reliance the doji showed up 143 times. Within 12 candles price broke up 47% of the time, broke down 52% and stayed inside 1%.
Counted on Reliance Industries: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Daily | 56 | 52% | 48% | 0% |
| Hourly | 87 | 44% | 55% | 1% |
Reliance against the rest
| Charts | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Reliance | 143 | 47% | 52% | 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 | 3 | 0% | 100% |
| 2017 | 10 | 60% | 40% |
| 2018 | 8 | 38% | 62% |
| 2019 | 3 | 67% | 33% |
| 2020 | 6 | 50% | 50% |
| 2021 | 6 | 83% | 17% |
| 2022 | 6 | 33% | 67% |
| 2023 | 9 | 56% | 44% |
| 2024 | 9 | 67% | 33% |
| 2025 | 49 | 43% | 55% |
| 2026 | 34 | 41% | 59% |
The last 8 times
- 29 Jul 2026, 13:15 IST · hourly · broke up after 4 candles
- 23 Jul 2026, 09:15 IST · hourly · broke down after 3 candles
- 17 Jul 2026, 13:15 IST · hourly · broke up after 2 candles
- 17 Jul 2026, 10:15 IST · hourly · broke up after 4 candles
- 13 Jul 2026, 12:15 IST · hourly · broke down after 4 candles
- 8 Jul 2026, 14:15 IST · hourly · broke up after 2 candles
- 29 Jun 2026, 09:15 IST · hourly · broke down after 2 candles
- 23 Jun 2026, 09:15 IST · hourly · broke down after 4 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 Reliance
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · MACD bearish cross · MACD bullish cross · Volume profile rejection · EMA 9/21 bearish cross · EMA 9/21 bullish cross · Gap up · 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 Reliance?
In 143 cases on Reliance, price broke up 47% of the time, broke down 52% and stayed inside 1% within 12 candles.
What is the doji?
Open and close are almost equal. Buyers and sellers are in a tie.