Indian stock market · price-structure setup
Gap up on SBI Life
On SBI Life the gap up showed up 71 times. The target came first 39% of the time, the stop 58%, and 3% went nowhere within 12 candles.
Counted on SBI Life: daily candles from October 2017 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 18 | 44% | 56% | 0% |
| Hourly | 53 | 38% | 58% | 4% |
SBI Life against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| SBI Life | 71 | 39% | 58% | 3% |
| All Indian stock market charts | 6,200 | 39% | 54% | 6% |
| Every market | 12,768 | 40% | 54% | 6% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2021 | 7 | 29% | 71% |
| 2025 | 38 | 50% | 45% |
| 2026 | 20 | 25% | 75% |
The last 8 times
- 31 Jul 2026, 09:15 IST · hourly · stop first after 1 candle
- 21 Jul 2026, 09:15 IST · hourly · stop first after 7 candles
- 29 Jun 2026, 09:15 IST · hourly · stop first after 3 candles
- 16 Jun 2026, 09:15 IST · hourly · stop first after 2 candles
- 25 May 2026, 09:15 IST · hourly · target first after 5 candles
- 22 May 2026, 09:15 IST · hourly · stop first after 4 candles
- 6 May 2026, 09:15 IST · hourly · target first after 6 candles
- 15 Apr 2026, 09:15 IST · hourly · target first after 7 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 gap up is
Price opened above the previous candle's high. It jumped up between the two candles.
Imagine a shop that shuts at night. While it is closed, everyone hears great news about a toy, so when the shop opens, the very first price is already above anything paid the day before. On a chart, a candle that starts above the top of the candle before it is called a gap up.
The full gap up lesson, video and quiz ›
Other patterns on SBI Life
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · Volume profile bounce · Volume profile rejection · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them
The gap up 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
Questions
How often does the gap up work on SBI Life?
In 71 cases on SBI Life, the target (1.5 × ATR) came before the stop (1 × ATR) 39% of the time and the stop came first 58%; 3% went nowhere within 12 candles.
What is the gap up?
Price opened above the previous candle's high. It jumped up between the two candles.