Shooting Star — NSE Screener

Bulls pushed higher but bears slammed price back — a bearish reversal warning at highs.

▼ Bearish Reversal Candlestick · NSE · Daily EOD 04 Aug 2026
1 stocks today
1 stocks today
04 Aug 2026 EOD data
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Showing 1 of 1 Shooting Star stocks
# Stock Pattern Close ₹ 1D % RSI Vol Ratio Sector Action
1 LT
Larsen & Toubro
▼ Shooting Star ₹3,990.00 -0.87% 56.6 0.86x Infrastructure Chart →

What is a Shooting Star pattern?

The Shooting Star is the bearish mirror of the Hammer. It forms when bulls push price to new highs during the session but lose control before close, leaving a long upper shadow as evidence of rejection.

On NSE stocks, Shooting Stars near resistance zones, Fibonacci retracement levels, or after RSI crosses 70 are the most reliable. MomentumIQ flags this pattern across all 2,827 stocks each evening.

What is the difference between a Shooting Star and an Inverted Hammer?
Same shape, different context. Inverted Hammer appears in a downtrend (bullish reversal potential); Shooting Star appears in an uptrend (bearish reversal).
How long is the upper shadow typically?
At least 2× the body, but the longer the upper shadow relative to the body, the stronger the rejection signal.
What confirmation should I wait for?
The next candle closing below the Shooting Star's low, ideally on higher volume, confirms the reversal.
Which NSE stocks commonly form Shooting Stars?
High-beta stocks in IT and Pharma tend to form clear Shooting Stars near 52-week highs. Use this screener daily to catch them.
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MomentumIQ is an educational platform for strategy research and backtesting. We do not provide investment advice, recommendations, or tips. All backtest results are hypothetical, based on historical data, and for educational purposes only. Past performance is not indicative of future results. Backtested results may not account for brokerage, slippage, taxes, or other real-world costs. Please consult a SEBI-registered investment advisor before making any investment decisions.