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Candlestickpattern

TVSMOTOR, 1D forms Bearish EngulfingNSE:TVSMOTOR TVS Motor Company is an Indian multinational motorcycle manufacturer headquartered in Chennai. It is the third-largest motorcycle company in India in terms of revenue. The company has annual sales of three million units and an annual production capacity of over four million vehicles. TVSMotor formed Bearish engulfing candlestick pattern after an uptrend on daily timeframe and gave closing below that candlestick pattern. Entry : 1454.4 Target : 1386 SL : 1502 RR : 1.44
NSE:TVSMOTORShort
by Safwan65
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 UnknownUnicorn59699627
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
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 FinanzasTip
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 FinanzasTip
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 FinanzasTip