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Candlestickpattern

JSWsteel | Three Line Strike Candle stick Pattern spotted 🎯⭕ Positional Trading opportunity! 4hrs Chart Alert !!!⭕ --Buy Above =411 or CMP --Target = 426.95 | 451 --Stop-loss = 393.90 --R:R =2.34 --Expected Profit = 9.78 % --Expected Holding = 30 days only #ThankU For Checking Out Our Content, We Hope U Liked It 🎈 ====================================================== ⭕Technical Reasons to trade or Strategy applied:- ⭕ 1) Stock has formed flag pattern & has given the breakout 2) Three line candlestick pattern is observed clearly in the chart 3) Volume is good enough 4) Target is based on Fibonacci levels & pattern height & resistance level as well ______________________________________________________________________ Why to follow............. #TradeTheTip ? 📍No junk in our charts 📍Follow-up updates till the end 📍Detailed Price Action Analysis 📍10+ years of experience 📍Accurate Support & resistance Levels 📍Covering Swing, Short-term & positional trading 📍Educational content every SUNDAY ________________________________________________________________________ DISCLAIMER Alert:- ❌ All posts are for Educational Purpose Only. ❌ Analyze your own before Considering mine. ❌ Know your RISK & HOLDING capacity. ❌ TradeTheTip is not responsible for any of your profit/Loss. ------------------------------------------------------ Guys check out the related POST as well, it went FANTASTIC ! 🙏FOLLOW for more ! 👍LIKE if U find it useful ! ✍COMMENT your views & feedback ! ----------------------------------------------- Regards, TradeTheTip Global Research Pvt.Ltd.
NSE:JSWSTEELLong
by ReviveTraders
31
Tataconsum | Breakout & retracement 🎯⭕ swing Trading opportunity ! 1hr Chart Alert !!!⭕ -- Buy above =610 or CMP --Target = 620.90 --Stop-loss = 632 --R:R =3.5 -- Lot size = 1350 --Expected Profit = 30k (3.8% ) --Expected Holding = 10 days only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕Technical Reasons to trade or Strategy applied :- ⭕ 1) breakout from resistance & retested 2) Volume is perfect. Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:TATACONSUMLong
by ReviveTraders
29
Moods of Candlesticks 🎚How do you read a candle? The top or bottom of the candle body will indicate the open price, depending on whether the asset moves higher or lower during the selected timeframe. If the price trends up, the candlestick is often either green or white and the open price is at the bottom. viceversa if price trends down. Why Candlestick is important? They indicate market turning points early and estimate the direction of the market. Overall, Candlesticks provide unique insights. They display reversal patterns which cannot be seen in other types of charts. They can be used in all kinds of markets. Detailed Explanation :- Real Bodies Each candlestick is composed of a real body and two wicks (which are also called shadows or tails). The real body is the substantial part of the candle. It reflects the difference between the open and close price for that period. The open and close prices are the first and last transaction prices for that time period. When there is no real body or the real body is very small, it means the open and close prices were the same or almost the same. The real bodies are typically one solid color, though they may also be hollow, with only their edges displaying a color. Their coloring depends in part on the color scheme used by your charting platform, but white/black and green/red are commonly utilized. A white or green candle means the price finished higher over that time period. Because the closing price is higher than the open price, the bottom of the real body represents the open price and the top of the real body represents the close price. A black or red candle means the price finished lower over that time period. Therefore, the top of the real body is the open price and the bottom of the real body is the close price for that time period.​ Wicks or Shadows The wicks or shadows—the thin lines above and below the real body—represent the movements above and below the open and close prices. The highest part of the wick on top of the real body marks the high price for that period. If there is no upper wick, then the top of the real body was also the highest price during that period. The lowest part of the wick on the bottom of the real body marks the low price for that period. If there is no lower wick, then the bottom of the real body was also the lowest price during that period. The difference between the high and low prices is the price range for the period.
Education
by sankhyainvestments
23
Marico | Resistance Breakout & Retest The same level 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕ --Buy above =402.10 or CMP --Target = 499.30 --Stop-loss = 379 --Lot Size = 2000 --R:R = 4.3 --Expected Profit = 1,94,000₹ per lot (24 % ) --Expected Holding = 2-3 months only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕ Technical Reasons to trade or Strategy applied :- ⭕ 1) Stock broke the strong resistance 2) retracement is also done 3) Target is based on fib. trend 4) volume is also more than enough in breakout 5) No chance of fake Breakout .as it a weekly chart 6) rejection at support level i.e high wicks ..bullish candlestick pattern after retracement Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:MARICOLong
by ReviveTraders
2
HDFC bank | Trendline Breakdown 🎯⭕ Swing Trading opportunity ! 4hr Chart Alert !!!⭕ --short below =1429 or CMP --Target = 1397 | 1358 --Stop-loss = 1465 --R:R =1.49 --Expected Profit = (5% ) --Expected Holding = 15 days only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕Technical Reasons to trade or Strategy applied :- ⭕ 1) hdfc bank has given the breakdown of trendline & support & 50ems as well 2) doji candlestick pattern & big bearish candle running 3) volumes is also decent 4) rsi divergence strategy applied Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:HDFCBANKShort
by ReviveTraders
9
Three Black Crows Candlestick Pattern ??Nifty Made a three black crows pattern/ pattern activated after today low break. 1) What is Three Black Crows Pattern ?? Three Black Crows got its name from its resemblance to three crows looking down from their perch in a tree. This signal, occurring after a strong uptrend, indicates the crows looking down or lower prices are to come. Each of these candles should close very near the low for the day. This pattern, as will be seen, is the opposite of the Three White Soldiers. 2)Criteria- 1. Three long black bodies occur, all of nearly equal length. 2. The prior trend should have been up. 3. Each day opens within the body of the previous day. 4. Each day closes near its low. 3) Pattern Psychology- *After an uptrend a long black candle forms. The uptrend has now reached levels where the sellers have started to step in. The first long black candle body is followed by two more long black bodies. Each having opened in the previous day’s body indicates that buying was occurring early each day but the bears kept forcing prices down by the end of the day. This more consistent process of selling provides a stronger downtrend potential versus a rapid overselling period. (See Nifty chart ). Kindly Let me Know if You have any question.
NSE:NIFTYEducation
by PrasantaP
2
BPCL trend reversalBPCL was in a very clear uptrend from 22nd December... after that yesterday it formed a green candle with small wicks, today it opened gap up but could not retain the price and closed deep into yesterday's body. The encircled pattern is called Dark Cloud Cover. As the name suggests, a downtrend is expected after the appearance of this pattern. You can keep a target of the 200-day exponential moving average. The stop loss will be the highest high among both the candles forming the pattern. In this case, the highest high is the high of the first day (green) candle.
NSE:BPCLShort
by nandodeomkar