Indian stock market · candlestick pattern
Tweezer top on TCS
On TCS the tweezer top showed up 25 times. The target came first 36% of the time, the stop 48%, and 16% went nowhere within 12 candles.
Counted on Tata Consultancy Services: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 13 | 38% | 46% | 15% |
| Hourly | 12 | 33% | 50% | 17% |
TCS against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| TCS | 25 | 36% | 48% | 16% |
| All Indian stock market charts | 1,417 | 36% | 59% | 4% |
| Every market | 10,991 | 34% | 58% | 8% |
The last 8 times
- 29 Jul 2026, 11:15 IST · hourly · stop first after 5 candles
- 7 Jul 2026, 14:15 IST · hourly · target first after 6 candles
- 19 May 2026, 14:15 IST · hourly · went nowhere
- 19 May 2026, 11:15 IST · hourly · went nowhere
- 22 Jan 2026, 12:15 IST · hourly · stop first after 2 candles
- 27 Nov 2025 · daily · stop first after 4 candles
- 21 Nov 2025, 14:15 IST · hourly · stop first after 2 candles
- 26 Aug 2025, 11:15 IST · hourly · target first after 5 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 tweezer top is
Two candles hit the same high. That ceiling held twice.
Imagine jumping twice and bumping your head on the same spot of the ceiling both times. A tweezer top is two candles whose highest points land at almost exactly the same price. Buyers hit a ceiling twice, and it held both times.
The full tweezer top lesson, video and quiz ›
Other patterns on TCS
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Doji · MACD bullish cross · Volume profile rejection · MACD bearish cross · Gap up · EMA 9/21 bullish cross · all of them
The tweezer top elsewhere
Bank Nifty · Bharti Airtel · Infosys · Mahindra & Mahindra · ICICI Bank · State Bank of India · Shriram Finance · Tata Power · Vedanta · Bajaj Finance · Dow Jones · Sony · GBP/USD · EUR/JPY · Gold · Silver · Ethereum · Bitcoin
Questions
How often does the tweezer top work on TCS?
In 25 cases on TCS, the target (1.5 × ATR) came before the stop (1 × ATR) 36% of the time and the stop came first 48%; 16% went nowhere within 12 candles.
What is the tweezer top?
Two candles hit the same high. That ceiling held twice.