Trading Class

Markets › Tata Steel › Inside bar

Indian stock market · candlestick pattern

Inside bar on Tata Steel

On Tata Steel the inside bar showed up 653 times. Within 12 candles price broke up 50% of the time, broke down 50% and stayed inside 0%.

Counted on Tata Steel: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily20552%48%0%
Hourly44849%50%0%

Tata Steel against the rest

ChartsFoundBroke upBroke downStayed inside
Tata Steel65350%50%0%
All Indian stock market charts44,42152%47%1%
Every market274,73650%48%2%

Year by year

YearFoundBroke upBroke down
20162361%39%
20172152%48%
20181856%44%
20192245%55%
20202065%35%
20212948%52%
20222055%45%
20231567%33%
20242421%79%
202529050%50%
202617150%50%

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 inside bar is

A candle fully inside the one before. The market is coiling.

Think of a small box that fits inside a bigger box. An inside bar is a candle whose whole range, wicks and all, fits inside the candle before it. Price is resting in a smaller space, like a spring being squeezed.

The full inside bar lesson, video and quiz ›

Other patterns on Tata Steel

Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · Volume profile rejection · Gap up · MACD bullish cross · RSI overbought drop · EMA 9/21 bullish cross · all of them

The inside bar 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 · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the inside bar work on Tata Steel?

In 653 cases on Tata Steel, price broke up 50% of the time, broke down 50% and stayed inside 0% within 12 candles.

What is the inside bar?

A candle fully inside the one before. The market is coiling.