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UltraTech Cement chart patterns
We ran 60 candlestick patterns, chart patterns and indicator signals over UltraTech Cement (daily candles from January 2015 and hourly candles from October 2024) and counted 3,119 cases. Here is how often each one reached its target before its stop.
Best on UltraTech Cement: bearish harami (57% of 30), shooting star (50% of 20), ema 9/21 bullish cross (47% of 101). Weakest: obv bearish divergence (26% of 23), bearish engulfing (27% of 41), bullish marubozu (27% of 26). 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 harami | 30 | 57% | 37% | 7% |
| Shooting star | 20 | 50% | 45% | 5% |
| EMA 9/21 bullish cross | 101 | 47% | 49% | 5% |
| Volume profile bounce | 100 | 46% | 51% | 3% |
| MACD bullish cross | 108 | 44% | 51% | 6% |
| Stochastic bearish cross | 244 | 43% | 52% | 5% |
| Tweezer bottom | 28 | 43% | 50% | 7% |
| MACD bearish cross | 130 | 42% | 55% | 3% |
| Stochastic bullish cross | 224 | 42% | 53% | 5% |
| OBV bullish divergence | 31 | 42% | 58% | 0% |
| Tweezer top | 24 | 42% | 50% | 8% |
| Bullish engulfing | 30 | 40% | 57% | 3% |
| EMA 9/21 bearish cross | 101 | 40% | 55% | 5% |
| Bearish marubozu | 33 | 39% | 58% | 3% |
| Fibonacci bounce down | 46 | 39% | 59% | 2% |
| Gap down | 64 | 39% | 58% | 3% |
| RSI oversold bounce | 65 | 38% | 54% | 8% |
| RSI overbought drop | 95 | 37% | 54% | 9% |
| Bullish harami | 34 | 32% | 68% | 0% |
| Bollinger breakout up | 28 | 32% | 64% | 4% |
| Volume profile rejection | 128 | 31% | 66% | 2% |
| Bollinger breakout down | 20 | 30% | 65% | 5% |
| Gap up | 69 | 29% | 55% | 16% |
| Fibonacci bounce up | 29 | 28% | 72% | 0% |
| Bullish marubozu | 26 | 27% | 62% | 12% |
| Bearish engulfing | 41 | 27% | 56% | 17% |
| OBV bearish divergence | 23 | 26% | 74% | 0% |
Neutral patterns
| Pattern | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Spinning top | 196 | 54% | 45% | 1% |
| Inside bar | 674 | 53% | 47% | 0% |
| Doji | 158 | 41% | 58% | 1% |
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 UltraTech Cement 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 UltraTech Cement?
In our count the bearish harami reached its target first most often on UltraTech Cement: 57% of 30 cases. No pattern works every time; past odds are not a forecast.
Which candlestick pattern works best on UltraTech Cement?
The bearish harami: target first 57% of 30 times on UltraTech Cement.
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.