Tristar: three sessions that settled nothing
Take the doji of 04.03.01 and the star position of 04.03.09 and demand both, three times over. Three consecutive doji, with the middle one gapped away from the two beside it. After a rise it is a bearish tristar; after a fall, a bullish one.
Every individual claim is one you can already read. Nobody finished ahead on any of the three sessions, and the middle one happened at prices the others never touched.
What the literature adds is an interpretation: three sessions of exhaustion at the end of a run. What it tends not to add is how often that happens — so this page will.
Three doji, the middle one stranded
Each board's first and last bid are within a paisa of each other. Only the middle one's position separates this from three ordinary quiet days.
Granthara's rules engine returns bearish tristar after a rise. Every one of the three boards must be a doji — a body inside 5% of the range — and the middle one must stand clear.
The rarity problem, said once and plainly
A doji needs a session to finish where it started. Three in a row is uncommon. One of them gapping clear of both neighbours needs an overnight repricing that then reverses — and Indian equities gap overnight, not intraday, so this is two news events in three days that cancel each other out.
Multiply those and you get a pattern that a working trader might meet a handful of times in a career on a single stock. That is not a base rate you can build a method on. There is no sample to learn from, which means there is also no honest statistic about what follows one.
So recognise it, name it, and move on. The reason this page exists is that you will meet the name in books and in screeners, and not knowing it feels like a gap in your education. It is not. Chapter 04.05 is the part of your education that matters, and it is two lessons away.
Two crows, and the one the engine will name
The second name is more instructive, because of what happens when you test it.
Upside gap two crows runs like this, after a rise: a long rising board; then a small falling one that opens clear above it, so a gap is left; then a third falling board that opens higher still and closes back through the second — but stays above the first board's close, so the gap is not yet filled.
Reading it in plain terms: prices were repriced upward overnight, and for two sessions running nobody could hold the new level, without quite giving it all back.
Now drop the gap. Same three shapes, but the second board opens just above the first's close instead of clear of it. The engine returns nothing at all — there is no plain two crows in Granthara's rules, and its nearest miss is a bearish engulfing at 4 of 5.
That refusal is the useful part. The gap is not decoration on this pattern; it is the pattern. Take it away and what is left is a shape that already has a better name.
With the gap, and the name it earns
The second board's low is ₹31.45, clear above the first board's high of ₹31.20. Close that space and the name goes away.
Granthara's rules engine returns upside gap two crows. Remove the gap and it returns no pattern — only a nearest miss of bearish engulfing.
A name that survives only with its gap intact is telling you the gap was the observation.
What twelve lessons of names were for
Chapter 04.03 is finished, and it is worth being honest about what it did and did not give you.
It gave you a vocabulary: doji, hammer, hanging man, inverted hammer, shooting star, engulfing, harami, piercing line, dark cloud cover, morning and evening star, tweezers, doji stars, the inside and outside threes, and now tristar and two crows. You can read a board and say what it is called, and you can read somebody else's chart commentary without being locked out of it.
It did not give you a method. Every lesson ended the same way, because every lesson had to: the board permits a reading and never proves one. Three of them turned entirely on the week beside the board rather than the board itself, and two more turned on whether one trade happened in a forty-paise band.
The names are not the skill. They are the alphabet. Chapter 04.05 is where the reading starts — where a pattern gets a location, a level, a volume and a context, and where the base rates get looked at instead of assumed.