Indian stock market · price-structure setup
Gap up on Sensex
On Sensex the gap up showed up 181 times. The target came first 35% of the time, the stop 58%, and 7% went nowhere within 12 candles.
Counted on Sensex: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 54 | 46% | 50% | 4% |
| Hourly | 127 | 30% | 61% | 9% |
Sensex against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Sensex | 181 | 35% | 58% | 7% |
| 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 |
|---|---|---|---|
| 2017 | 6 | 83% | 17% |
| 2018 | 3 | 100% | 0% |
| 2019 | 5 | 20% | 80% |
| 2020 | 14 | 50% | 50% |
| 2021 | 4 | 0% | 75% |
| 2022 | 4 | 50% | 50% |
| 2023 | 3 | 33% | 33% |
| 2024 | 5 | 20% | 80% |
| 2025 | 75 | 37% | 52% |
| 2026 | 60 | 25% | 70% |
The last 8 times
- 12 Oct 2026, 09:15 IST · hourly · stop first after 2 candles
- 5 Oct 2026, 09:15 IST · hourly · stop first after 2 candles
- 15 Sep 2026, 09:15 IST · hourly · stop first after 3 candles
- 15 Sep 2026 · daily · target first after 5 candles
- 3 Sep 2026, 09:15 IST · hourly · stop first after 5 candles
- 26 Aug 2026, 09:15 IST · hourly · stop first after 2 candles
- 24 Aug 2026, 09:15 IST · hourly · stop first after 1 candle
- 21 Aug 2026, 09:15 IST · hourly · stop first after 9 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 Sensex
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Gap down · Doji · MACD bearish cross · MACD bullish cross · RSI overbought drop · EMA 9/21 bearish cross · all of them
The gap up elsewhere
Nifty 50 · Bank Nifty · Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · State Bank of India · Shriram Finance · Dow Jones · S&P 500 · Nikkei 225 · Sony
Questions
How often does the gap up work on Sensex?
In 181 cases on Sensex, the target (1.5 × ATR) came before the stop (1 × ATR) 35% of the time and the stop came first 58%; 7% 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.