Indian stock market · price-structure setup
Gap up on Wipro
On Wipro the gap up showed up 123 times. The target came first 36% of the time, the stop 59%, and 5% went nowhere within 12 candles.
Counted on Wipro: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 25 | 56% | 44% | 0% |
| Hourly | 98 | 31% | 63% | 6% |
Wipro against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Wipro | 123 | 36% | 59% | 5% |
| All Indian stock market charts | 6,200 | 39% | 54% | 6% |
| Every market | 12,768 | 40% | 54% | 6% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2020 | 5 | 80% | 20% |
| 2021 | 4 | 75% | 25% |
| 2024 | 3 | 33% | 67% |
| 2025 | 64 | 34% | 59% |
| 2026 | 37 | 22% | 73% |
The last 8 times
- 15 Sep 2026 · daily · stop first after 2 candles
- 29 Jul 2026, 09:15 IST · hourly · stop first after 3 candles
- 16 Jul 2026, 09:15 IST · hourly · stop first after 7 candles
- 10 Jul 2026, 09:15 IST · hourly · stop first after 7 candles
- 3 Jul 2026, 09:15 IST · hourly · stop first after 3 candles
- 29 Jun 2026, 09:15 IST · hourly · stop first after 7 candles
- 25 Jun 2026, 09:15 IST · hourly · went nowhere
- 17 Jun 2026, 09:15 IST · hourly · stop first after 7 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 gap up is
Price opened above the previous candle's high. It jumped up between the two candles.
Imagine a shop that shuts at night. While it is closed, everyone hears great news about a toy, so when the shop opens, the very first price is already above anything paid the day before. On a chart, a candle that starts above the top of the candle before it is called a gap up.
The full gap up lesson, video and quiz ›
Other patterns on Wipro
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Doji · Volume profile rejection · MACD bullish cross · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them
The gap up 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
Questions
How often does the gap up work on Wipro?
In 123 cases on Wipro, the target (1.5 × ATR) came before the stop (1 × ATR) 36% of the time and the stop came first 59%; 5% went nowhere within 12 candles.
What is the gap up?
Price opened above the previous candle's high. It jumped up between the two candles.