Patterns

Shooting Star

Small body near the bottom of the candle's range with a long upper wick at least twice the body's height. Little or no lower wick.

Bearish·Bearish reversal·1-candle·Requires a prior uptrend

Pattern shape

What it means

Buyers pushed price up early in the session but sellers took control and forced the close back near the open. Supply zone defended at the highs.

Confirmation to wait for

Next session should close below the shooting star's body. Higher volume on the star strengthens the signal.

Failure mode

Without a clear prior uptrend it's just an upper-wick day, not a reversal. Body colour matters less than the long upper wick.

Detection rule

body in bottom half of range (max(open,close) ≤ midpoint) AND upper wick ≥ 2 × body AND lower wick ≤ 30% × range. Plus prior 5-day uptrend (close 5 days ago ≤ today × 0.98).

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

4 matches in NIFTY500 · session 11/09/2026

SymbolNameCloseΔ 1DTraded ₹CrQualitySector
MEESHOMeesho Limited217.08-0.38%589.9
70
Consumer Services
APOLLOHOSPApollo Hospitals Enterprise Limited8,836.00-0.72%183.7
79
Healthcare
CPPLUSAditya Infotech Limited3,825.50-0.09%61.8
60
Capital Goods
FLUOROCHEMGujarat Fluorochemicals Limited4,773.20-0.27%62.1
52
Chemicals

Ordered by pattern-quality score (cleaner textbook match scores higher). Traded value used as a tiebreaker. Click any symbol to verify the candle visually on the stock's chart.

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.