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Indian stock market · candlestick pattern

Bearish marubozu on State Bank of India

On State Bank of India the bearish marubozu showed up 29 times. The target came first 34% of the time, the stop 62%, and 3% went nowhere within 12 candles.

Counted on State Bank of India: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily757%29%14%
Hourly2227%73%0%

State Bank of India against the rest

ChartsFoundTarget firstStop firstWent nowhere
State Bank of India2934%62%3%
All Indian stock market charts1,87840%56%5%
Every market10,77737%57%6%

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 bearish marubozu is

A full red body with no wicks. Sellers owned the whole candle.

Think of a sled sliding from the top of a hill to the bottom without a single bump. A bearish marubozu is a big red candle like that: price opened at the top and closed at the very bottom. Sellers were in charge from start to end.

The full bearish marubozu lesson, video and quiz ›

Other patterns on State Bank of India

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Doji · Spinning top · MACD bearish cross · Volume profile rejection · Volume profile bounce · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them

The bearish marubozu elsewhere

Sensex · Nifty 50 · Bank Nifty · Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · Hindalco · Shriram Finance · Tata Power · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Silver · Ethereum

Questions

How often does the bearish marubozu work on State Bank of India?

In 29 cases on State Bank of India, the target (1.5 × ATR) came before the stop (1 × ATR) 34% of the time and the stop came first 62%; 3% went nowhere within 12 candles.

What is the bearish marubozu?

A full red body with no wicks. Sellers owned the whole candle.