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Candlestickpattern

Option's Trading With CandleStick Pattern's🤑💲💰💸❤#We Make Only Profit. #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA The long black candlestick is 'the mother' and the small candlestick is 'the baby'. The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle's body. Which candle is best for option trading? Here are the top 5 candlestick patterns that traders must know: Doji. The Doji pattern is formed when the Open Price and Close Prices are the same or almost the same, and there is Low and High Price, so the candle has nearly nobody with a lower and upper wick. ... Hanging Man. ... Hammer. ... Morning Star and Evening Star. Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price. RBI Forex Reserve Grow is this Good or Bad ? 1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai Gover..t abi losss mai hai
NSE:BANKNIFTYEducation
by ISL-TREND
8
$NSE:NIFTY MOVEMENT in the coming week (24th July 2023)NSE:NIFTY fell by 234 points on 21st July 2023 and is now at 19745. It is shy of 255 points to reach the 20K summit. I feel in the coming week due to the positive inflow of funds from Foreign Portfolio Investors(FPI's) and no negative news bothering the Indian economy, NSE:NIFTY will surpass the 20000 mark by 28th July 2023. Even if NSE:NIFTY were to fall on Monday 24th July 2023, it will find support at 19700 level and may move sideways for a few days before it makes a second attempt to scale the 20K peak. Here is the reason why I feel NSE:NIFTY will move upward from 19745 or move sideways at 19700 level. I have highlighted on the chart of how NSE:NIFTY had reached a new high of 19400 on 4th July 2023 and fizzled out. After reaching 19400, it formed successive Red candles and yet it did not slip to its support of 18800, instead it held its ground and was hovering around the 19400 level for 8 trading days before continuing on its Bull Run. As we have seen in Technical Analysis and Charting, History tends to repeat it self and so I feel NSE:NIFTY is going to play out the same way again. 19700 support is marked in light pink. 19400 support is marked in crimson red.
NSE:NIFTYLong
by Aryan_Devaiah
FINNIFTY! - How I made 112% profit 💸Hey Pivster's So, as we know today was expiry for NSE:FINNIFTY1! and market had open with a bullish sentiment at the early hours of the opening bell with good buying force seen in initial minutes of the market as OPEN=LOW too. Buying force was submerged as the first 15min candle closed above the reversal camarilla pivot level H3...after that buyers were not able to push the price the initiative camarilla pivot level H4 and in fact profit booking of BTST players was seeing too. Now, comes the first dip towards Daily H3 pivot level from where the bounce was seen by help of responsive participants, but not strong enough to break the current day high set in the initial candle of market opening and a visible "tweezer top" candlestick pattern was seen formed near day's high (marked inside the red box). Immediately, the next thing we see is a big seller's candle which closed near to day's low thus giving a confirmation of a "double top" formation near day's high and formation of the "M-Pattern" for the day with "neckline" being near the reversal camarilla pivot point. This whole scenario above has triggered the GPZ Setup which the index has been for the day and a clear trend reversal or pause sentiment was known to the market on basis of - * Type of CPR formed * Pivot Analysis * 2D CPR relationship HOW WE WOULD HAVE TRADED THIS SETUP FOR DAY: Now, that we know the GPZ setup has triggered for the day we had to wait for the retest for either PDH OR DH3 for our entry towards the target of DL3 or Pivot point of the day with our SL being current day's high or DH3 whichever was higher. A simple retest towards PDH was triggered with the SL as DH3 which had an additional confluence of neckline from the M-pattern that was formed in the first half of the market. Finally, we received our target of DL3/Pivotpoint by the closing bell of the market and this also marked a close for our - "Trade which made us 112.82% in profits or doubled our capital in under 20mins" P.S. Screenshot of the trade's order book is attached in the chart itself! This was the synopsis for yet another simple analysis for the broader index as a whole thus showing you that trading has to be kept simple and executed with patience and risk defined beforehand. If you liked the content, then share with your friends, family, fellow traders and dear ones :) Regards, Mukkull
NSE:FINNIFTY1!Short
by PivotMinati
7
Candlestick pattern: Shooting starShooting Star is a bearish candlestick reversal pattern. It signifies the end of an uptrend and the potential start of a downtrend. Its opposite is the Morning Star. When analyzing this pattern, we should observe if the confirming candle closes within the lower third of the range formed. This condition acts as a filter when deciding whether to initiate a trade or not. This filter makes sense because a stronger confirming candle indicates greater rejection of the uptrend continuation, thus increasing the likelihood of the pattern's success and the formation of a new downtrend. On the other hand, if the confirming candle does not close below two-thirds of the range formed, it could indicate weakness in the direction of the trend and decrease the probability of the start of a new downtrend.
NASDAQ:AAPLEducation
by JRiquelmeTrading
The importance of using different TimeframesWhen visualizing the market and conducting technical analysis, it is crucial to interpret different timeframes. Multi-timeframe analysis can enhance the probability of success in our trading by utilizing support and resistance levels from higher timeframes than our base timeframe. It is also useful for identifying candlestick patterns in other timeframes and assessing their alignment with other signals observed in our analysis.
BMV:CEMEX/CPOEducation
by JRiquelmeTrading
Chart pattern: Head and Shoulders (H&S)The Head and Shoulders, from now on referred to as H&S, is a chart pattern used in technical analysis of stock markets. It is a pattern that indicates a reversal, signaling the end of a trend and the beginning of a new trend in the opposite direction. It is one of the most important and widely used patterns due to its high reliability and the number of required implications. However, this does not mean it is infallible, as its success rate is around 70%. Regarding its potential projection, if the price breaks below the support line after the formation of the Right Shoulder (RS), the range between the maximum price of the Head (H) and the support line is measured. This distance is then applied to the breakout point, as shown in the image, to obtain the minimum pattern projection.
Education
by JRiquelmeTrading
BANKNIFTY : (PIVOT AUCTION CHART) Hey Pivster's NSE:BANKNIFTY having a beautiful and smooth weekly pivot auction chart where you can see the "support" (WH3-MH3 zone) turned into "resistance" alongside the Weekly Bearish GPZ setup. A brief synopsis for BankNifty: -> We see a gap-up opening in the month of July'2023 with the first 30m candle close above WH3 and MH3 zone. -> After making a swing high of 45353.20 it goes to dip and retest the WH3-MH3 zone (responsive players zone) where BNF takes a clean initial support by making a swing low as 45000.25 (round number) but does not breaks 45000. -> BNF proceeds with the strength of daily intraday pivot based initiative players and a wild move happens in 2nd trading session of the month on 4th July,2023 where the price travels upside to mark a swing high 45655.50 which basically is above the MH4-WH4 zone (initiative players zone) but crisply closes within the zone and immediately a long sellers candle can be in the following 30min candle. -> We see a responsive ranged based move for next 2 trading sessions (Check the Mother Candle of 5th July, 2023). -> And as much needed breakout/breakdown on the last trading session of the previous week i.e. 7th July, 2023 we get a gap down opening which takes support from the marked zone and also 2D mother candle low. -> Comes the awaited breakdown with a clean price-action as follows- * Breakdown of Intraday 30min ORB range * Breakdown of WH3-MH3 zone marking a comeback of broader responsive players * Breakdown of 2D Mother Candle range And, as we see price now travels to the 'GAP-UP ZONE' which was created on the starting of the July month. -> What happens today must now be very clear and fun to interpret as per the pivot auction theory which is as follow - * Price pushed to gap up opening towards the WH3-MH3 zone which is beautifully in confluence with the 'Daily Bearish GPZ' * As we expect the support turns resistance and we see a ORB (30min) breakdown in the second half. I hope you enjoyed the read time for the BNF synopsis and hopefully take home a lot of things, factors and situations to your learning desk and sharp mind which is powerful enough to decode every problem. MORAL - Stock Market is EASY, but not SIMPLE :) If you thought this was helpful to you then share the same with your fellow traders / friends / family etc..... Regards, Mukkull
NSE:BANKNIFTY
by PivotMinati
8
BankNifty Future Analysis for Today 19th April 2023#BankNifty Future Analysis for #Today 19th April 2023 As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly. Zero Line (Previous Close): 42335.50 #IntradayLevels #Bulls can be active above: 42435 For the Levels Above R1 = 42543 R2 = 42690 R3 = 42817 #Bears can be active below: 42242 For the Levels Below S1 = 42039 S2 = 41874 S3 = 41663 Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act. Follow Us For More #Updates in Future #NiftyFuture #StockMarketIndia #DailyIntradayLevels #TradeDiscipline #15minchart #TechnicalAnalysis #TrendlineAnalysis #ChartAnalysis
NSE:BANKNIFTY1!
by MarkitVUE
Nifty Pharma- Three White Soldiers BULLISH REVERSAL!Attached: Nifty Pharma Index Weekly Chart as of 7th April 2023 With the Week gone by, Price has formed the 'Three White Soldiers' Candlestick Pattern on the Weekly Chart This has MAJOR IMPLICATIONS (Note: the 'Three White Soldiers' is a Bullish Candlestick Pattern that is used to predict the Reversal of the current Downtrend in a pricing chart.) What Does This Mean for Investors & Traders? - Money is flowing back into the Pharma Sector and Stocks - There is a Trend Change of the previous Bear Trend to start of a New Bull Trend - In addition to the Candlestick Reversal Pattern, Price has also given a Trend Line Breakout (marked as Dotted Trend Line on Chart) which is another sign for a Trend Reversal Hence, Bulls are now chasing the Pharma Sector so if you want to make Money on the Long Side, this is the Sector to be in ! .......................... FYI: I have already shared a Bullish Stock Pick within the Pharma Sector in my Related Ideas below. Check it out to know more.
NSE:CNXPHARMALong
by T_Harth
✻ BOTTOM FISHING PICK #4: JUBLFOOD ✻✻ Bottom Fishing Pick #4: JUBLFOOD ✻ 📌 It’s important to build our own portfolio to create wealth. I have found some ❝exclusively original and unique patterns❞ which will help you to generate the assets. Here, I have posted one of my favourite 💕 chart patterns. Please check the description section for entry ✎ and target ₪ levels for given stock. ☆ Kindly like 💗 & share ➥ this pattern. Comment with what do you think. Follow me @ Tradingview for more updates!!! ☆ Please ✉ or ☏ me for any queries and to get free Telegram channel access for more interesting patterns ↝ and analysis. 📌 Buying Level: Entry: ▲ 470 SL: ☢ 410 Target: ➚ 650/820/920 Thank you. Happy Trading!!! Best Regards, 𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧 𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮. ✬ Disclaimer ✬ -------------------------------------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ---------------------------------------------------------
NSE:JUBLFOODLong
by Profitable_Traders