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Candlestickpattern

Part 2 Introduction to Candlestick PatternsA. Call Options A call option gives you the right to buy an underlying asset at a predetermined price within a specified time. You buy a call option when you expect: ➡ The price of the asset will go up. Example: Nifty is at 22,000. You buy a 22,000 CE (Call European) at a premium of ₹100. If Nifty rises to 22,400, your call becomes more valuable, and you profit. B. Put Options A put option gives you the right to sell an underlying asset at a predetermined price within a specified time. You buy a put option when you expect: ➡ The price of the asset will go down. Example: Bank Nifty is at 47,000. You buy a 47,000 PE (Put European) at ₹120. If Bank Nifty falls to 46,500, the put becomes more valuable.
FXOPEN:XAUUSDEducation
by SkyTradingZone
Part 1 Introduction to Candlestick PatternsWhat Are Options? Options are financial contracts that give you the right, but not the obligation, to buy or sell an underlying asset (like a stock, index, commodity, or currency) at a specific price, called the strike price, before a fixed date known as expiry. There are two types of options: 1. Call Options – Right to buy 2. Put Options – Right to sell Options derive their value from the underlying asset; that’s why they are called derivatives. Unlike stocks, options have a limited lifespan. They expire weekly, monthly, or quarterly depending on the market.
TVC:USOILEducation
by SkyTradingZone
Real Knowledge of Candle patterns Candlestick patterns reflect the most important element in trading—market psychology and momentum. Each candle represents: Open price High Low Close Candles show emotions like greed, fear, indecision, manipulation, and momentum. Candlestick patterns can be categorized as: 1. Reversal Patterns 2. Continuation Patterns 3. Indecision Patterns 1. Reversal Candlestick Patterns -Bullish Reversal Patterns Hammer Morning Star Bullish Engulfing Piercing Line Dragonfly Doji -Bearish Reversal Patterns Shooting Star Evening Star Bearish Engulfing Dark Cloud Cover Gravestone Doji
NSE:NIFTYEducation
by TechnicalExpress
TATAELXSI - Descending Triangle💹 Tata Elxsi Ltd (NSE: TATAELXSI) Sector: IT Services | CMP: 5853 View: Compression Breakout from Higher-Timeframe Demand | Momentum Ignition Phase Chart Pattern: Descending Triangle Candlestick Pattern: Strong Bullish Marubozu | Bullish Engulfing Price Action TATAELXSI had been trading under sustained selling pressure within a descending structure, characterised by lower highs capped by a falling trendline. This corrective phase gradually transitioned into price compression as volatility narrowed near a well-established higher-timeframe demand base. The recent session marked a clear behavioural shift, with price expanding decisively from the lower boundary of the structure and closing firmly above the immediate resistance band. This move reflects a transition from passive absorption to active demand, indicating that sellers have lost short-term control and buyers are beginning to assert dominance. While the stock is still navigating overhead supply zones, the latest price action signals an early-stage trend revival rather than a mere technical bounce. Technical Analysis (Chart Readings) From a technical standpoint, the chart shows a strong momentum inflection supported by volatility expansion and participation. The emergence of a wide-range bullish Marubozu / engulfing candle highlights aggressive buying with minimal intraday supply. This expansion follows a prolonged compression phase, confirming a volatility regime shift. Short-term trend structure has improved meaningfully, with price reclaiming key moving averages and stabilising above VWAP, suggesting acceptance at higher levels. Momentum indicators reinforce this shift: RSI near 72.5 reflects strong upside momentum entering an extended zone, MACD remains firmly positive with acceleration visible, and ROC confirms a sharp improvement in rate-of-change. Volume expansion is exceptional, with participation far exceeding recent averages, indicating institutional involvement rather than a thin, speculative move. Overall, the technical state reflects strength, but also elevated volatility risk. Key Levels (Chart Readings): The downside structure is anchored by a strong support base in the 4900–5100 region, which has repeatedly absorbed supply and acted as the foundation for accumulation. Intermediate supports near 5485, 5117, and 4898 provide layered downside reference points. On the upside, immediate resistance is visible around 6072, followed by stronger overhead supply near 6291 and 6659, where prior selling pressure and distribution were observed. The recent breakout attempt from the lower range toward these resistance zones places price in a transition area, where acceptance above supply will be critical for sustained trend continuation. Demand & Supply Zones (Chart Readings) The demand–supply framework across timeframes offers clear structural guidance. On the Daily timeframe, a primary demand zone is established between 5398–5292.50, forming the broader base for the current move, while a higher-timeframe supply zone is visible between 6651.50–6735. On the Swing timeframe, demand is concentrated near 5360.50–5309.50, supporting higher-low formation, with swing supply zones located around 5941.50–6014 and 6167–6259.50. From an Intraday perspective, immediate demand is observed near 5352–5336, while short-term supply remains active around 5936–5972 and 6017–6055.50. These zones collectively frame the current price environment, with price rotating upward from demand into overhead supply. STWP Trade Analysis TATAELXSI has triggered a sharp momentum expansion from an accumulation base, supported by exceptional volume and improving trend alignment. Holding above the 5850 zone keeps the near-term structure constructive and allows scope for continuation toward higher resistance levels if momentum sustains, while the same structure supports a broader mean-expansion framework on a short-term swing basis as long as price does not slip back into the prior range. The chart also highlights a clear STWP HNI participation zone between 5853–5923 with structural invalidation below 5777, alongside a low-risk entry area near 5733 with invalidation below 5628, where downside risk remains structurally defined. While the broader bias remains constructive, elevated volatility and overbought momentum conditions demand disciplined execution, prudent position sizing, and strict respect for structural levels. Final Outlook Momentum: Strong Trend: Up Risk: High Volume: High The structure favours continuation as long as price sustains above demand zones, but confirmation through acceptance above overhead supply is essential for trend acceleration. This phase rewards structure awareness and risk discipline over prediction. ⚠️ STWP Educational & Legal Disclaimer This content is shared strictly for educational and informational purposes only. All discussions, illustrations, charts, price zones, and options structures are meant to explain market behaviour and do not constitute any buy, sell, or hold recommendation. STWP does not provide investment advice, trading calls, tips, or personalized financial guidance, and is not a SEBI-registered intermediary or research analyst. The analysis is based on publicly available market data and observed price–derivatives behaviour, which is dynamic in nature and may change without notice. Financial markets involve inherent risk, and derivatives carry elevated risk, including the potential for significant capital loss. Factors such as option premiums, implied volatility, open interest, delta, and other Greeks can shift rapidly and unpredictably. All trading and investment decisions, including position sizing and risk management, are solely the responsibility of the reader. Always consult a SEBI-registered investment advisor before taking any financial action. STWP, its associates, or affiliates shall not be liable for any direct or indirect loss arising from the use of this material. Past patterns, structures, or historical behaviour must never be treated as guarantees of future outcomes. Position Status: No active position in this instrument at the time of analysis Data Source: TradingView & NSE India 💬 Did this add value? 🔼 Boost to support structured learning ✍️ Share your views or questions in the comments 🔁 Forward to traders who value disciplined analysis 👉 Follow for clean, probability-driven STWP insights 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊
NSE:TATAELXSILong
by simpletradewithpatience
TATA Elxsi on 1W TFHello Traders, TATA Elxsi had taken support in April 2025 and bounced back from around 4800 levels. After that, it has been in Sideways to bearish trend and have agin tested support zone last month. There was strong pull back seen in the week of 15th Dec 2025. Also this week's closing is with Dragonfly canclestick with less volume. It seems this is and consolidation phase and it may get trendy after the breakout after closing above 5600 on weekly basis. Let's see how this stock moves further from current zone. Note: This post is for information purpose only. Please do not consider this as Trading or investment recommendation.
NSE:TATAELXSI
by AkshayAdak
Candle Patterns in Technical AnalysisHow Candlesticks Work Every candlestick has four major components: Open: Price at the beginning of the period Close: Price at the end of the period High: Highest price reached Low: Lowest price reached If the closing price is higher than the opening price, the candle is bullish. If the closing price is lower, the candle is bearish. The body and shadows (wicks) of the candle provide vital information: A long body shows strong momentum. A small body shows indecision. Long wicks show rejection from higher or lower levels. No wicks signal strong directional control by either bulls or bears. Based on these characteristics, candle patterns are broadly divided into reversal patterns, continuation patterns, and indecision patterns.
NSE:NIFTYEducation
by TechnicalExpress
Candle Patterns Candlestick charts represent price movement in a visually intuitive way. Each candle shows: Open High Low Close The color (green or red) indicates bullish or bearish sentiment. Patterns form when candles combine to express a strong market bias. Why Candle Patterns Matter They show real-time market sentiment Provide early entry signals Indicate trend continuation or reversal Help identify trap candles and false breakouts Crucial for Volume Profile & Market Structure traders to read participant behaviour Candlestick patterns are classified into: A. Bullish Reversal Patterns B. Bearish Reversal Patterns C. Continuation Patterns D. Indecision / Neutral Patterns
NSE:KOTAKBANKEducation
by TechnicalExpress
Candle Patterns Candle Patterns and Volume Profile Volume profile defines where most trading activity occurs. Key zones: VAL (Value Area Low) → Strong buy zone VAH (Value Area High) → Strong sell zone POC (Point of Control) → Strong rejection or acceptance High Volume Node (HVN) → Reversal zones Low Volume Node (LVN) → Breakout zones Combine candle patterns: Example setups: Bullish Engulfing at VAL Shooting Star at VAH Pin Bar at LVN breakout Inside Bar at HVN compression This combination gives professional-level accuracy.
TVC:US10YEducation
by TechnicalExpress
#ADANIPOWER – Double Top Danger Zone!📉⚡ #ADANIPOWER 🚨 ADANIPOWER has formed a monthly double top 🔝 near the 179–183 (ATH) zone and is now slipping toward its rising trendline 📉 Price is also trading inside the September monthly candle (182.70–120.00). MCB or sustained close below 120 will signal major weakness ⚠️👇 If selling continues, price may head toward 112.50–124, 92–96 , and the breakout retest supports at 83–87 . Bulls must defend the trendline to avoid a deeper correction 🛡️🔥 Resistances: 151.20 / 179–183 (ATH) #ADANIPOWER #PriceAction #DoubleTop #ChartPattern #InsideBar #CandlestickPattern 📌 #Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
NSE:ADANIPOWER
by Stocks_Mario
Real Knowledge Of Candle Patterns Candlestick Patterns in Reversal Trading Reversals are powerful when: Patterns appear on key levels Trend is exhausted Volume divergence occurs Examples: Morning Star at support Shooting Star at resistance Engulfing candles at major swing points Combining Candles with Indicators Although candles alone are powerful, combining them with indicators increases win probability. Best indicators: RSI for overbought/oversold Volume Profile / Market Structure MACD for momentum shift Moving averages for trend direction
NSE:NIFTYEducation
by TechnicalExpress
Nifty 50 Price Structure Analysis [08/12/2025: Monday]Top-Down Nifty 50 Price Structure Analysis for 08th December 2025. The day is Monday. (1) Monthly Time Frame: Red paper umbrella candle. The body is smaller compared to the lower wick. So far, it is an indecisive market. The main trend is bullish, but the present scenario is indecisive. The major support zone is at 26100 and 26000. Major resistance is at 26300. The view is bullish to indecision. (2) Weekly Time Frame: Red paper umbrella candle. The body is smaller compared to the lower wick. There is no upper wick. Thus, there is good buyer participation. Looking at the combination of 3 candles, buyers (or bulls) are getting stronger. The lower wicks are getting longer every week. For the past 3 weeks, the price has been taking very good support at the zone (25850 - 25900). In the present scenario, levels 26100 and 26000 are major support zones. Major resistance is at 26300. Considering, past 8 weeks, the price is in the structure of higher highs and lower lows. Thus, bullishness is intact. Take no bearish trade until the price starts to trade below the zone of 26100 - 26050. Presently, the view is bullish to indecision. If the price keeps sustaining above the level 26200, then probably, the previous all-time high (ATH) will be breached. (3) Daily Time Frame: The past 2 days are green days. On 05th December price gave a 200-point bullish rally. However, price is still in the range of the bullish marubozu formed on 26th November (Wednesday). Price needs a stable movement above the level 26200. Presently, 3 levels have emerged as a strong support zone - 26100, 26050, and 26000. So, take no short position unless the price starts to trade below 26000. Any downward move should be doubted. The view is bullish to indecision as the previous ATH and level 26300 are very close. (4) 30-Minute Time Frame: The complex correction since 17th October 2025 continues. Presently, price is trying to trade in the upper zone of the rising channel. The direction of the complex correction is bullish but with high volatility and indecisive moves. A strong support zone is formed at the levels 26100 - 26000. A minor resistance is at 26200. Major resistance is at 26300 and the previous ATH (26277.35). Every down move should be doubted. Institutional bias is bullish. The view is bullish. Event: No expiries on Monday. No high-impact event. However, the U.S. Fed Interest Rate Decision is on 11th December (Thursday) - a high-impact event in the next week. Bullish Scenario Set-Up: (i) Price sustains above the opening price. (ii) Price sustains above the level 26200 and shows promise of reaching levels 26277.35 (ATH) and level 26300. Bearish Scenario Set-Up: (i) Price sustains below the opening price. (ii) Price starts to sustain below the level 26050 and starts to form a lower lows, lower highs structure below 26000. No Trading Zone (NTZ): 26200 - 26100. Expectations (Hypothesis and Insights from Trading Plan): (i) Take bullish trades only. Price must start to trade above the level 26200. (ii) Every down move should be doubted. Levels 26100 - 26050 are very strong support. (iii) Be skeptical of executing trades in the first half of Monday, as level 26277.35 (previous ATH) and level 26300 are close. Also, in case of a gap up or a gap down, be very cautious. A clear price structure is needed for trend clarity. (iv) Trade only when bullish/ bearish conditions are fulfilled. Otherwise, don't trade. Protect your resources. NOTE: "Mark your points. Trade your points. Price is God. Anything can happen. Therefore, trade what you see, not what you believe." Happy Trading!
NSE:NIFTYLong
by deep_bhattacharjee_db
Cadnle Patterns Mistakes Traders Make With Candle Patterns Mistake 1: Trading Every Pattern Not every hammer means buy; not every engulfing means reversal. Mistake 2: Ignoring the Trend Trend is king. Patterns against trend are less reliable. Mistake 3: No Confirmation Waiting for confirmation improves accuracy. Mistake 4: Overlooking Market Structure Support/resistance is more powerful than candle patterns. Mistake 5: Using Candles Alone Combine with other tools for best results.
NSE:RELIANCEEducation
by TechnicalExpress
Candle Patterns Candlestick patterns are one of the most valuable tools for traders. They visually represent the battle between bulls and bears and reveal hidden clues about upcoming market movements. Whether you're trading intraday, swing, or positional, these patterns help spot reversals, continuations, breakouts, and exhaustion points. But remember: Candle patterns are most powerful when combined with trend analysis, support/resistance, volume, and market structure. Mastering them takes practice, but once you internalize their psychology, you can interpret charts with much more confidence and precision.
NSE:KOTAKBANKEducation
by TechnicalExpress
Candle Patterns ExplainedCandlestick patterns are one of the most powerful tools in technical analysis. They visually capture the battle between buyers and sellers and show you who is in control of the market at any moment. Each candle represents the market psychology of that particular timeframe—fear, greed, rejection, aggression, and hesitation. When you learn to read candles correctly, you understand the story behind price, not just the price itself. A single candlestick is made up of four important points: Open, High, Low, and Close (OHLC). The body of the candle represents the distance between open and close. The wicks (also called shadows) show the highest and lowest points reached during the candle. Bullish candles close higher than they open, while bearish candles close lower than they open. Candle patterns are broadly divided into three categories: Single-candle patterns, Double-candle patterns, and Triple-candle patterns. Each type gives different signals about trend continuation, reversal, or market indecision.
BSE:SENSEXEducation
by TechnicalExpress