On the daily scale a White Candle pattern occurred.
See how it performed in NIFTY, statistically.
The counting exercise is left to the readers...
| NIFTY daily | |||||
| Number | From | To | Chart | Breakout | Breakout |
| | | | Pattern | Direction | Volume |
| 0 | 8/26/2002 | 8/26/2002 | Candle, white | Dn | |
| 1 | 9/25/2002 | 9/25/2002 | Candle, white | Up | Lo |
| 2 | 10/8/2002 | 10/8/2002 | Candle, white | Up | Lo |
| 3 | 11/18/2002 | 11/18/2002 | Candle, white | Up | Hi |
| 4 | 11/25/2002 | 11/25/2002 | Candle, white | Up | Hi |
| 5 | 1/14/2003 | 1/14/2003 | Candle, white | Up | Hi |
| 6 | 1/15/2003 | 1/15/2003 | Candle, white | Up | Hi |
| 7 | 1/28/2003 | 1/28/2003 | Candle, white | Up | Lo |
| 8 | 3/11/2003 | 3/11/2003 | Candle, white | Dn | Lo |
| 9 | 4/4/2003 | 4/4/2003 | Candle, white | Up | Hi |
| 10 | 5/20/2003 | 5/20/2003 | Candle, white | Up | Hi |
| 11 | 6/2/2003 | 6/2/2003 | Candle, white | Up | Hi |
| 12 | 6/12/2003 | 6/12/2003 | Candle, white | Up | Hi |
| 13 | 6/30/2003 | 6/30/2003 | Candle, white | Up | Hi |
| 14 | 7/3/2003 | 7/3/2003 | Candle, white | Up | Hi |
| 15 | 8/1/2003 | 8/1/2003 | Candle, white | Up | Hi |
| 16 | 8/13/2003 | 8/13/2003 | Candle, white | Up | Hi |
| 17 | 8/22/2003 | 8/22/2003 | Candle, white | Dn | Hi |
| 18 | 8/29/2003 | 8/29/2003 | Candle, white | Up | Lo |
| 19 | 9/1/2003 | 9/1/2003 | Candle, white | Up | Lo |
| 20 | 9/4/2003 | 9/4/2003 | Candle, white | Up | Lo |
| 21 | 9/19/2003 | 9/19/2003 | Candle, white | Up | Lo |
| 22 | 9/23/2003 | 9/23/2003 | Candle, white | Up | Lo |
| 23 | 9/30/2003 | 9/30/2003 | Candle, white | Up | Lo |
| 24 | 10/29/2003 | 10/29/2003 | Candle, white | Up | Hi |
| 25 | 10/30/2003 | 10/30/2003 | Candle, white | Up | Hi |
| 26 | 11/21/2003 | 11/21/2003 | Candle, white | Up | Lo |
| 27 | 12/10/2003 | 12/10/2003 | Candle, white | Up | Hi |
| 28 | 12/22/2003 | 12/22/2003 | Candle, white | Up | Hi |
| 29 | 1/13/2004 | 1/13/2004 | Candle, white | Up | Hi |
| 30 | 3/8/2004 | 3/8/2004 | Candle, white | Dn | Hi |
| 31 | 3/29/2004 | 3/29/2004 | Candle, white | Up | Lo |
| 32 | 5/5/2004 | 5/5/2004 | Candle, white | Up | Hi |
| 33 | 6/4/2004 | 6/4/2004 | Candle, white | Up | Lo |
| 34 | 6/17/2004 | 6/17/2004 | Candle, white | Dn | Lo |
| 35 | 6/25/2004 | 6/25/2004 | Candle, white | Up | Hi |
| 36 | 7/15/2004 | 7/15/2004 | Candle, white | Up | Hi |
| 37 | 7/16/2004 | 7/16/2004 | Candle, white | Up | Hi |
| 38 | 7/22/2004 | 7/22/2004 | Candle, white | Up | Hi |
| 39 | 7/30/2004 | 7/30/2004 | Candle, white | Up | Lo |
| 40 | 8/10/2004 | 8/10/2004 | Candle, white | Dn | Hi |
| 41 | 8/24/2004 | 8/24/2004 | Candle, white | Up | Lo |
| 42 | 8/26/2004 | 8/26/2004 | Candle, white | Up | Lo |
| 43 | 9/7/2004 | 9/7/2004 | Candle, white | Up | Hi |
| 44 | 9/8/2004 | 9/8/2004 | Candle, white | Up | Hi |
| 45 | 9/13/2004 | 9/13/2004 | Candle, white | Up | Lo |
| 46 | 12/20/2004 | 12/20/2004 | Candle, white | Up | Hi |
| 47 | 12/23/2004 | 12/23/2004 | Candle, white | Up | Hi |
| 48 | 1/13/2005 | 1/13/2005 | Candle, white | Up | Lo |
| 49 | 2/22/2005 | 2/22/2005 | Candle, white | Up | Hi |
| 50 | 4/20/2005 | 4/20/2005 | Candle, white | Up | Hi |
| 51 | 4/22/2005 | 4/22/2005 | Candle, white | Dn | Hi |
| 52 | 5/2/2005 | 5/2/2005 | Candle, white | Up | Lo |
| 53 | 5/6/2005 | 5/6/2005 | Candle, white | Up | Hi |
| 54 | 5/24/2005 | 5/24/2005 | Candle, white | Up | Hi |
| 55 | 5/31/2005 | 5/31/2005 | Candle, white | Dn | Hi |
| 56 | 6/14/2005 | 6/14/2005 | Candle, white | Up | Hi |
| 57 | 7/6/2005 | 7/6/2005 | Candle, white | Dn | Hi |
| 58 | 7/26/2005 | 7/26/2005 | Candle, white | Up | Lo |
| 59 | 7/27/2005 | 7/27/2005 | Candle, white | Up | Hi |
| 60 | 8/4/2005 | 8/4/2005 | Candle, white | Dn | Hi |
| 61 | 8/31/2005 | 8/31/2005 | Candle, white | Up | Hi |
| 62 | 9/28/2005 | 9/28/2005 | Candle, white | Up | Hi |
| 63 | 11/2/2005 | 11/2/2005 | Candle, white | Up | Hi |
| 64 | 11/18/2005 | 11/18/2005 | Candle, white | Dn | Hi |
| 65 | 11/24/2005 | 11/24/2005 | Candle, white | Up | Hi |
| 66 | 12/16/2005 | 12/16/2005 | Candle, white | Up | Lo |
| 67 | 2/7/2006 | 2/7/2006 | Candle, white | Up | Hi |
| 68 | 2/10/2006 | 2/10/2006 | Candle, white | Up | Hi |
| 69 | 2/13/2006 | 2/13/2006 | Candle, white | Dn | Hi |
| 70 | 2/22/2006 | 2/22/2006 | Candle, white | Up | Hi |
| 71 | 4/20/2006 | 4/20/2006 | Candle, white | Dn | Hi |
| 72 | 5/23/2006 | 5/23/2006 | Candle, white | Dn | Lo |
| 73 | 6/21/2006 | 6/21/2006 | Candle, white | Up | Lo |
| 74 | 7/25/2006 | 7/25/2006 | Candle, white | Up | Hi |
| 75 | 8/28/2006 | 8/28/2006 | Candle, white | Up | Lo |
| 76 | 8/29/2006 | 8/29/2006 | Candle, white | Up | Hi |
| 77 | 9/1/2006 | 9/1/2006 | Candle, white | Up | Hi |
| 78 | 9/8/2006 | 9/8/2006 | Candle, white | Dn | Hi |
| 79 | 9/29/2006 | 9/29/2006 | Candle, white | Dn | Hi |
| 80 | 10/26/2006 | 10/26/2006 | Candle, white | Up | Hi |
| 81 | 10/30/2006 | 10/30/2006 | Candle, white | Up | Lo |
| 82 | 11/1/2006 | 11/1/2006 | Candle, white | Up | Lo |
| 83 | 11/2/2006 | 11/2/2006 | Candle, white | Up | Hi |
| 84 | 11/9/2006 | 11/9/2006 | Candle, white | Up | Hi |
| 85 | 12/22/2006 | 12/22/2006 | Candle, white | Up | Lo |
| 86 | 12/27/2006 | 12/27/2006 | Candle, white | Up | Lo |
| 87 | 8/22/2007 | 8/22/2007 | Candle, white | Up | Hi |
| 88 | 8/24/2007 | 8/24/2007 | Candle, white | Up | Hi |
| 89 | 8/30/2007 | 8/30/2007 | Candle, white | Up | Hi |
| 90 | 8/31/2007 | 8/31/2007 | Candle, white | Up | Hi |
| 91 | 10/1/2007 | 10/1/2007 | Candle, white | Up | Hi |
| 92 | 10/11/2007 | 10/11/2007 | Candle, white | Up | Hi |
| 93 | 2/15/2008 | 2/15/2008 | Candle, white | Dn | Hi |
| 94 | 4/9/2008 | 4/9/2008 | Candle, white | Up | Hi |
| 95 | 4/11/2008 | 4/11/2008 | Candle, white | Up | Hi |
| 96 | 5/14/2008 | 5/14/2008 | Candle, white | Up | Hi |
| 97 | 5/28/2008 | 5/28/2008 | Candle, white | Dn | Hi |
| 98 | 6/5/2008 | 6/5/2008 | Candle, white | Dn | Hi |
| 99 | 6/26/2008 | 6/26/2008 | Candle, white | Dn | Hi |
| 100 | 7/21/2008 | 7/21/2008 | Candle, white | Up | Hi |
| 101 | 7/22/2008 | 7/22/2008 | Candle, white | Up | Hi |
| 102 | 8/22/2008 | 8/22/2008 | Candle, white | Up | Hi |
| 103 | 10/21/2008 | 10/21/2008 | Candle, white | Dn | Hi |
| 104 | 11/7/2008 | 11/7/2008 | Candle, white | Up | Hi |
| 105 | 12/16/2008 | 12/16/2008 | Candle, white | Dn | Hi |
| 106 | 12/29/2008 | 12/29/2008 | Candle, white | Up | Hi |
| 107 | 12/30/2008 | 12/30/2008 | Candle, white | Up | Hi |
| 108 | 1/30/2009 | 1/30/2009 | Candle, white | Dn | Hi |
| 109 | 3/6/2009 | 3/6/2009 | Candle, white | Up | Hi |
| 110 | 3/25/2009 | 3/25/2009 | Candle, white | Up | Hi |
| 111 | 4/13/2009 | 4/13/2009 | Candle, white | Up | Hi |
| 112 | 4/24/2009 | 4/24/2009 | Candle, white | Dn | Hi |
| 113 | 5/28/2009 | 5/28/2009 | Candle, white | Up | Hi |
| 114 | 6/19/2009 | 6/19/2009 | Candle, white | Up | Hi |
| 115 | 7/1/2009 | 7/1/2009 | Candle, white | Up | Hi |
| 116 | 7/3/2009 | 7/3/2009 | Candle, white | Dn | Hi |
| 117 | 7/30/2009 | 7/30/2009 | Candle, white | Up | Hi |
| 118 | 8/28/2009 | 8/28/2009 | Candle, white | Dn | Hi |
| 119 | 10/16/2009 | 10/16/2009 | Candle, white | Dn | Hi |
| 120 | 11/13/2009 | 11/13/2009 | Candle, white | Up | Hi |
| 121 | 12/24/2009 | 12/24/2009 | Candle, white | Up | Hi |
| 122 | 1/14/2010 | 1/14/2010 | Candle, white | Up | Hi |
| 123 | 3/19/2010 | 3/19/2010 | Candle, white | Dn | Hi |
| 124 | 3/25/2010 | 3/25/2010 | Candle, white | Up | Hi |
| 125 | 6/17/2010 | 6/17/2010 | Candle, white | Up | Hi |
| 126 | 7/12/2010 | 7/12/2010 | Candle, white | Up | Hi |
| 127 | 7/13/2010 | 7/13/2010 | Candle, white | Up | Hi |
| 128 | 8/4/2010 | 8/4/2010 | Candle, white | Up | Hi |
| 129 | 8/13/2010 | 8/13/2010 | Candle, white | Dn | Hi |
| 130 | 9/7/2010 | 9/7/2010 | Candle, white | Up | Hi |
| 131 | 9/9/2010 | 9/9/2010 | Candle, white | | |
