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Tata Power chart patterns
We ran 58 candlestick patterns, chart patterns and indicator signals over Tata Power (daily candles from January 2015 and hourly candles from October 2024) and counted 3,192 cases. Here is how often each one reached its target before its stop.
Best on Tata Power: bearish marubozu (65% of 26), bollinger breakout down (58% of 26), fibonacci bounce up (54% of 39). Weakest: bullish harami (26% of 35), fibonacci bounce down (26% of 69), tweezer bottom (29% of 28). Most patterns hit the stop more often than the target: that is why the app teaches context and risk, not single signals.
Buy and sell setups, ranked
| Pattern | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Bearish marubozu | 26 | 65% | 31% | 4% |
| Bollinger breakout down | 26 | 58% | 42% | 0% |
| Fibonacci bounce up | 39 | 54% | 46% | 0% |
| EMA 9/21 bullish cross | 105 | 50% | 43% | 8% |
| Gap up | 72 | 46% | 49% | 6% |
| Volume profile rejection | 149 | 44% | 50% | 6% |
| Hammer | 23 | 43% | 48% | 9% |
| RSI overbought drop | 90 | 41% | 52% | 7% |
| EMA 9/21 bearish cross | 105 | 41% | 55% | 4% |
| Bollinger breakout up | 22 | 41% | 59% | 0% |
| Bearish engulfing | 27 | 41% | 52% | 7% |
| Stochastic bullish cross | 249 | 40% | 54% | 6% |
| RSI oversold bounce | 94 | 39% | 51% | 10% |
| ATR expansion up | 23 | 39% | 61% | 0% |
| MACD bearish cross | 131 | 39% | 58% | 3% |
| MACD bullish cross | 127 | 39% | 57% | 5% |
| Hanging man | 21 | 38% | 57% | 5% |
| Tweezer top | 29 | 38% | 55% | 7% |
| Stochastic bearish cross | 234 | 38% | 59% | 3% |
| Gap down | 75 | 36% | 61% | 3% |
| Bullish engulfing | 25 | 36% | 60% | 4% |
| Volume profile bounce | 102 | 34% | 64% | 2% |
| ATR expansion down | 20 | 30% | 70% | 0% |
| Tweezer bottom | 28 | 29% | 68% | 4% |
| Fibonacci bounce down | 69 | 26% | 64% | 10% |
| Bullish harami | 35 | 26% | 60% | 14% |
Neutral patterns
| Pattern | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Inside bar | 635 | 52% | 47% | 1% |
| Spinning top | 214 | 52% | 46% | 2% |
| Doji | 177 | 44% | 55% | 2% |
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.
Learn to read Tata Power charts
- India: NSE and BSEIn India, shares trade on NSE and BSE from 9:15 until about 3:30, and SEBI is the referee.
- What one candle tells youEvery candle shows four prices: where it started, its highest, its lowest and where it finished.
- Bodies and wicks: the tug of warA big body means one side won; a long wick means a push that got pushed back.
- The hammerA hammer after a fall shows sellers pushed hard but buyers pushed the price back up.
- Rule one: stay in the gameLose half your money and you must double what is left just to get back to the start.
- The stop-loss: decide your exit firstA stop-loss is the price where your idea is wrong, and you choose it before you enter.
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Questions
Which pattern worked best on Tata Power?
In our count the bearish marubozu reached its target first most often on Tata Power: 65% of 26 cases. No pattern works every time; past odds are not a forecast.
Which candlestick pattern works best on Tata Power?
The bearish marubozu: target first 65% of 26 times on Tata Power.
How were these numbers counted?
Every case enters at the signal candle's close with a target 1.5 × ATR(14) away and a stop 1 × ATR(14) away, and gets 12 candles to reach one of them. Only clean stretches of real sessions are used.