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Indian stock market · candlestick pattern
Tweezer bottom on Wipro
On Wipro the tweezer bottom showed up 20 times. The target came first 45% of the time, the stop 45%, and 10% 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 | 7 | 71% | 29% | 0% |
| Hourly | 13 | 31% | 54% | 15% |
Wipro against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Wipro | 20 | 45% | 45% | 10% |
| All Indian stock market charts | 1,243 | 42% | 51% | 7% |
| Every market | 9,709 | 35% | 55% | 11% |
The last 8 times
- 20 Jul 2026, 10:15 IST · hourly · stop first after 7 candles
- 1 Jul 2026, 14:15 IST · hourly · target first after 2 candles
- 18 Jun 2026, 14:15 IST · hourly · stop first after 2 candles
- 13 Feb 2026, 13:15 IST · hourly · stop first after 4 candles
- 20 Jan 2026, 12:15 IST · hourly · went nowhere
- 28 Oct 2025, 14:15 IST · hourly · stop first after 9 candles
- 13 Oct 2025, 14:15 IST · hourly · target first after 2 candles
- 22 Sep 2025, 11:15 IST · hourly · stop first after 6 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 bottom is
Two candles hit the same low. That floor held twice.
Picture a pair of tweezers, with two tips meeting at the very same point. A tweezer bottom is two candles whose lowest points land at almost exactly the same price. Price tested the floor twice, and the floor held both times.
The full tweezer bottom lesson, video and quiz ›
Other patterns on Wipro
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Doji · Gap up · Volume profile rejection · MACD bullish cross · MACD bearish cross · EMA 9/21 bullish cross · all of them
The tweezer bottom elsewhere
Sensex · Nifty 50 · Bank Nifty · Infosys · Coal India · ICICI Bank · Tata Power · Grasim · Bajaj Finserv · Bajaj Auto · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Ethereum · Bitcoin
Questions
How often does the tweezer bottom work on Wipro?
In 20 cases on Wipro, the target (1.5 × ATR) came before the stop (1 × ATR) 45% of the time and the stop came first 45%; 10% went nowhere within 12 candles.
What is the tweezer bottom?
Two candles hit the same low. That floor held twice.