What the harami left unfinished
In 04.03.05 the bullish harami was two boards. Wednesday fell hard, from ₹33.00 down to ₹31.50. Thursday opened at ₹31.80, ran as far as ₹32.40, and closed at ₹32.20 — a small rising body sitting inside Wednesday's, top and bottom.
The reading there was careful and deliberately unsatisfying. The fall stopped. Nobody pressed it lower, and nobody took it much higher either. Thursday is a session in which the previous argument ran out of energy, and that is genuinely all it is.
The obvious next question is the one the two boards cannot answer: did anything replace it? A stalled fall can turn, and it can also just resume on Friday. Three inside up is what the literature calls the case where Friday answers.
Wednesday, Thursday, Friday
The first two boards are the harami from 04.03.05, unchanged. Watch the third board's close against the first board's open.
The test is the last number. Friday closes at ₹33.40, above the ₹33.00 Wednesday opened at, so the whole of Wednesday's fall has been given back. Granthara's rules engine returns three inside up.
What the third board actually adds
One thing, and it is worth naming precisely: every price Wednesday's sellers took is now back. Wednesday opened at ₹33.00 and drove it to ₹31.50. Friday closes at ₹33.40, above where the fall began.
That is a different statement from the fall stopped. The harami said sellers stopped pressing. This says buyers went back through the whole of it — and the engine's rule is exactly that, in one line: the third session rises and closes above the first session's open.
The mirror is three inside down: a long rising board, a small falling one inside it, then a third that falls through and closes below the first session's open. The same test with the signs reversed, after a rise instead of a fall.
Confirmation is not proof. It is a second observation, made one session later.
Why the word confirmation is a trap
The literature calls the third board a confirmation, and the word does real damage, so it is worth being exact about what has and has not happened.
What has happened: you waited a session, and something measurable occurred in it. That is a genuine improvement on acting at Thursday's close, when the only evidence was an absence — nobody pressing lower.
What has not happened: nothing about Monday has been established. Friday closing above ₹33.00 is a fact about Friday. Plenty of three-inside-ups are followed by a week of lower closes, and the pattern carries no arithmetic that says otherwise.
And there is a cost to the waiting that the name hides. By the time the third board confirms, ₹1.90 of the move has already happened. Confirmation is information you buy with price, and whether it is worth what it costs is a question about method, not about candles — which is Part 20.
What the three boards permit
They permit you to say a fall stopped, and then was entirely undone within two sessions. Both halves are checkable on the board, and together they are more than either is alone.
They do not permit you to say the trend has reversed. They do not permit you to say who bought on Friday, or why — no explanation for the buying is recorded anywhere in the nine numbers.
And they do not permit you to treat the third board as a guarantee bought with patience. It is one more observation. It is a good one. It is still just the week so far.