Patterns

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Two consecutive candles with the same (or near-identical) high. First is green, second is red. The matching high signals resistance held twice.

Bearish·Bearish reversal·2-candle·Requires a prior uptrend

Pattern shape

What it means

Buyers tested a high on day one and failed; tested again on day two and failed. Sellers defended the level twice; resistance is real.

Confirmation to wait for

Strongest with rising volume on day two. Some traders require day two's close below day one's open.

Failure mode

Common inside any range; only meaningful after a sustained uptrend at a recognised level.

Detection rule

|prev.high − curr.high| ≤ 0.5% × prev.high AND prev green AND curr red. 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

Scanner coming soon

Detection isn't wired for this pattern yet. The rule above describes what the scanner will look for; it'll go live with the next set of detectors.

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.