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Markets › Vedanta › Tweezer top

Indian stock market · candlestick pattern

Tweezer top on Vedanta

On Vedanta the tweezer top showed up 26 times. The target came first 23% of the time, the stop 77%, and 0% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1225%75%0%
Hourly1421%79%0%

Vedanta against the rest

ChartsFoundTarget firstStop firstWent nowhere
Vedanta2623%77%0%
All Indian stock market charts1,41736%59%4%
Every market10,99134%58%8%

Year by year

YearFoundTarget firstStop first
2021367%33%
20251217%83%
2026425%75%

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 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 Vedanta

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · MACD bearish cross · Doji · Gap up · Volume profile rejection · RSI overbought drop · MACD 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 · Bajaj Finance · Tata Steel · Dow Jones · Sony · GBP/USD · EUR/JPY · Gold · Silver · Ethereum · Bitcoin

Questions

How often does the tweezer top work on Vedanta?

In 26 cases on Vedanta, the target (1.5 × ATR) came before the stop (1 × ATR) 23% of the time and the stop came first 77%; 0% went nowhere within 12 candles.

What is the tweezer top?

Two candles hit the same high. That ceiling held twice.