Trading Class

Markets › Reliance › Inside bar

Indian stock market · candlestick pattern

Inside bar on Reliance

On Reliance the inside bar showed up 627 times. Within 12 candles price broke up 54% of the time, broke down 46% and stayed inside 0%.

Counted on Reliance Industries: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily18362%38%0%
Hourly44451%49%0%

Reliance against the rest

ChartsFoundBroke upBroke downStayed inside
Reliance62754%46%0%
All Indian stock market charts44,42152%47%1%
Every market274,73650%48%2%

Year by year

YearFoundBroke upBroke down
20162673%27%
20171850%50%
20181567%33%
20191464%36%
20202250%50%
20211872%28%
20221362%38%
20231856%44%
20244248%52%
202528156%44%
202616046%54%

The last 8 times

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 inside bar is

A candle fully inside the one before. The market is coiling.

Think of a small box that fits inside a bigger box. An inside bar is a candle whose whole range, wicks and all, fits inside the candle before it. Price is resting in a smaller space, like a spring being squeezed.

The full inside bar lesson, video and quiz ›

Other patterns on Reliance

Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · 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 inside bar 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 inside bar work on Reliance?

In 627 cases on Reliance, price broke up 54% of the time, broke down 46% and stayed inside 0% within 12 candles.

What is the inside bar?

A candle fully inside the one before. The market is coiling.