Evening Star
Three candles: (1) a long green candle continuing the uptrend, (2) a small-bodied candle (any colour) that gaps above the prior close, (3) a long red candle that closes below the midpoint of the first candle's body.
Bearish·Bearish reversal·3-candle·Requires a prior uptrend
Pattern shape
What it means
Buying exhausted on day one, indecision on day two, then aggressive selling on day three reverses the rally. Sentiment flipped.
Confirmation to wait for
Day three's close below the midpoint of day one is the trigger. Volume strongest on day three reinforces the signal.
Failure mode
Day two being too tall, or day three failing to close below the midpoint, weakens the pattern. Doesn't matter inside a sideways range.
Detection rule
c1: long green (body ≥ 60% of c1 range). c2: small body ≤ 35% of c2 range AND c2 low > c1 close (gap-up star). c3: red AND c3 close < midpoint of c1 body. Prior 5-day uptrend.
The scanner below applies this rule to today's daily candles across actively-traded NSE equities, ranked by traded value (price × volume). Liquidity floor: ₹25 Cr traded today. Rule-based matches - not buy/sell calls.
Stocks matching today
0 matches in NIFTY500
No clean matches in today's session above the liquidity floor.
Related patterns (same signal direction)
Pattern definitions are descriptive, not predictive. Confirm with volume + the broader trend on the index / sector before trading any single-stock signal.