NSE:NIFTY   Nifty 50 Index
A brief introduction to the interpretation of some popular candlesticks .
Comment: The most important point while dealing with the candlesticks is the 'location' of these patterns.
I would look for a prolonged uptrend or downtrend in the background before anticipating anything from these patterns.

It takes more than a candlestick to pick tops and bottoms. But surely candlesticks are an impeccable tool to provide high probability trades near support and resistance areas.

And yes candlesticks work on all timeframes. The confirmation is always preferred.
Comment: For day trading Its important to stick to your timeframe and look for pattern. Jumping across timeframes sometimes lead to over exposure and unplanned losses.
Higher timeframes are only to look for trend. We have to take position in the direction of trend but on a lower TF.


i have strated following you. How often will you post such lessons? thanks
+4 Reply
Bravetotrade namitsabharwal1965
@namitsabharwal1965, mostly weekends
I like it would like to join the group and learn more thanks
+3 Reply
Tnx a lot.... will have a look everyday before taking any trade ... (a slow learner)
+2 Reply
Thanks a lot bro..
+1 Reply
@aksam5, welcome
That's really helpful. Thank you so much. Keep sharing pls
+1 Reply
Bravetotrade Priyancka
@Priyancka, sure
thank you ...It is helpful
+1 Reply
@Bravetotrade Thanks For Sharing, After Trading For Sometime These Basics Start Disappearing/Blurring Down From Our MInd But We Forgot This Is Main Deal.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out