Trading Class

Markets › State Bank of India › Bullish harami

Indian stock market · candlestick pattern

Bullish harami on State Bank of India

On State Bank of India the bullish harami showed up 38 times. The target came first 37% of the time, the stop 50%, and 13% 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
Daily1429%50%21%
Hourly2442%50%8%

State Bank of India against the rest

ChartsFoundTarget firstStop firstWent nowhere
State Bank of India3837%50%13%
All Indian stock market charts1,80239%56%5%
Every market11,13534%56%10%

Year by year

YearFoundTarget firstStop first
2023367%33%
202440%75%
20251242%58%
20261050%30%

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 bullish harami is

A small candle inside a big red one. Selling is slowing down.

Imagine someone shouting loudly, then suddenly speaking in a whisper. A bullish harami is like that: after a big red candle, the next candle is small and green and fits inside the red body. The sellers' loud push has gone quiet.

The full bullish harami 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 bullish harami elsewhere

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

Questions

How often does the bullish harami work on State Bank of India?

In 38 cases on State Bank of India, the target (1.5 × ATR) came before the stop (1 × ATR) 37% of the time and the stop came first 50%; 13% went nowhere within 12 candles.

What is the bullish harami?

A small candle inside a big red one. Selling is slowing down.