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Technical Analysis is the study of price movements and trading volume to forecast future market behavior. It is widely used by traders and investors to identify entry, exit, and trend direction.

One of the core topics is Price Action, which focuses on analyzing raw price movement without indicators. Traders observe candlestick patterns, market structure, and momentum to understand buyer–seller behavior.

Charts are another foundation. Common chart types include Line Charts, Bar Charts, and Candlestick Charts. Candlestick charts are most popular because they clearly show open, high, low, and close prices along with market psychology.

Trend Analysis helps identify whether the market is in an uptrend, downtrend, or sideways trend. Tools like trendlines, higher highs & higher lows, and lower highs & lower lows are used to confirm trend direction.

Support and Resistance levels represent key price zones where demand or supply is strong. Support acts as a floor where prices may bounce, while resistance acts as a ceiling where prices may face selling pressure.

Technical Indicators are mathematical calculations based on price and volume. Popular indicators include Moving Averages, Relative Strength Index (RSI), MACD, Bollinger Bands, and Stochastic Oscillator. These help measure trend strength, momentum, volatility, and overbought/oversold conditions.

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