Harmonic Patterns
Part 2 Introduction to Candlestick PatternsImportant Trading Principles in Options
1. Don’t Buy Far OTM Options
They look cheap but rarely become profitable.
Most expire worthless due to Theta decay.
2. Focus on ATM and Slightly ITM Options
They respond better to price movement.
3. If You Are a Beginner, Avoid Selling Options
Sellers need:
high capital
strict hedging
risk management
psychological control
4. Never Trade Without a View
Options need direction OR volatility.
5. Avoid Holding to Expiry Unless Experienced
Expiry movement is very fast, risky, and unpredictable.
BAJFINANCE 1 Week Time Frame📊 Key Technical Levels
- Current price: ~ ₹1,004 (per Moneycontrol quote)
- Support zone:
~ ₹960-₹970 appears a meaningful near-term support (recent consolidation area)
If breakdown happens, a deeper support around ₹920-₹930 could become relevant
- Resistance zone:
~ ₹1,050-₹1,060 is the first hurdle (recent highs + psychological round number)
A stronger resistance around ₹1,100 (near the 52-week high ~₹1,102.50)
- Range estimate for week:
If neutral: ₹960-₹1,050
If bullish breakout: toward ₹1,100
If bearish breakdown: toward ₹920-₹930 or lower
Why Candlestick Patterns Matter in Trading🔸 Types of Candlestick Patterns
Candlestick patterns can be broadly classified into:
A. Single-Candle Patterns
Hammer
Hanging Man
Inverted Hammer
Shooting Star
Doji
Spinning Top
Marubozu
B. Double-Candle Patterns
Bullish Engulfing
Bearish Engulfing
Piercing Pattern
Dark Cloud Cover
Tweezer Top
Tweezer Bottom
Harami
Harami Cross
C. Triple-Candle Patterns
Morning Star
Evening Star
Three White Soldiers
Three Black Crows
Three Inside Up
Three Inside Down
Bearish Shark in SBICARD - For 950TF: 1 hour
CMP: 899
The set up exhibits Bearish shark setup and it could potentially move towards the 950 zone in this leg up.
On the hourly chart, it has given a breakout in the first hour this morning (24th Nov).. a retest of the EMA or the breakout level is the ideal entry point
On the Daily chart, price is taking support and bouncing from the cloud as well as 200 DEMA
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
XAUUSD/GOLD 1H BUY PROJECTION 24.11.25(XAUUSD/GOLD 1H BUY PROJECTION – 24.11.25).
🔍 What the Chart Shows
Your chart displays a buy setup on the 1-hour timeframe with the following key elements:
🟦 1. Support Zone (S1)
Price is reacting from the horizontal support zone.
This zone aligns with the 1H uptrend line, adding confluence.
Good demand area.
📉 2. Trendline Support (1H Uptrend)
The price is touching the ascending trendline, indicating continuation of the uptrend.
🔦 3. Hammer Candle Confirmation
A bullish hammer candle is highlighted (yellow box).
This indicates seller exhaustion and possible reversal to upside.
This candle gives confidence for a buy entry.
🎯 4. Entry, SL, TP
Entry: At the hammer candle close near 4043–4045 zone.
Stop Loss: Below support zone and trendline (~4020–4025 zone).
Target: Back to Resistance R2, around 4100+ zone.
Risk/Reward: 1:4 shown — good reward potential.
🟪 5. Resistance Levels
Resistance R1: Mid chart area.
Resistance R2: Strong resistance zone near 4100+.
📌 Overall Summary
Your setup is logically structured with:
Support + Trendline confluence
Hammer reversal confirmation
Clean R:R
Uptrend continuation expectation
This is a valid 1H buy setup based on price action and structure.
GMR AIRPORT LTD ANALYSISTHIS IS MY CHART OF THE WEEK PICK
FOR LEARNING PURPOSE
GMR AIRPORT LTD- The current price of GMR AIRPORT is 104.05 rupees
I am going to buy this stock because of the reasons as follows-
1. It gave a good breakout and made a 17 year new high. It's coming out from a big base.
2. It got a good buying force in last 2.5 years and went up by almost 200+%
3. It is showing better relative strength as it stood strong in volatile times including last few weeks.
4. The risk and reward is favourable.
5. The stock has got a good catalyst and that is- Mutual Funds and FIIs have increased their stake in recent times.
6. Another good part- The stock has been of the laggards in last few years and it has done almost nothing in last 17 years, if it breaks 121 rupees then we can see more strength.
I am expecting more from this in coming weeks.
I will buy it with minimum target of 35-40% and then will trail after that.
My SL is at 92.90 rupees.
I will be managing my risk.
NIFTY- Intraday Levels - 24th November 2025If NIFTY sustain above 26077/85 above this bullish then around 26097/ 26110 or 26132/42 above this more bullish then 26158/78 or 26200/223 strong level then above this wait more levels marked on chart
If NIFTY sustain below 26013 below this bearish then 25951/06 below this more bearish then 25849/40 strong level then very very strong level 25770 below this wait more levels marked on chart
My view :-
"My viewpoint, offered purely for analytical consideration, The trading thesis is: Nifty (bearish tactical approach: sell on rise) expecting both side movements, with high volatility.
This analysis is highly speculative and is not guaranteed to be accurate; therefore, the implementation of stringent risk controls is non-negotiable for mitigating trade risk."
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
BTC Dominance Crashes Below EMA50: Altseason Countdown StartedBTC Dominance Crashes Below EMA50: Altseason Countdown Officially Started.
Bitcoin Dominance is set to close another weekly candle below the EMA50, confirming the trend shift we’ve been tracking since April–May 2025. The rejection happened exactly at the same technical point highlighted months ago and once again, BTC.D has broken its support trendline and failed the bearish retest.
This structure is:
Weekly close below EMA50 → structural weakness
Bearish retest rejection → continuation signal
Trendline breakdown → momentum shift away from BTC
If Bitcoin simply stops dumping, the setup for alts becomes explosive. The liquidity rotation is already visible under the surface and historically, this is where altcoins begin their strongest multi-month expansions.
I’ll repeat what I’ve been saying:
A massive Altseason is around the corner.
Based on the technical roadmap, Bitcoin Dominance sliding into the 48%–40% zone would mark the final leg of a full-scale altcoin cycle and likely our ideal exit region for major alt positions.
Stay ready. The next 12 months could be the biggest window for altcoin outperformance in years.
NFA & DYOR
FARTCOIN COLLAPSES BELOW $200M: END OF AN ERA?FARTCOIN COLLAPSES BELOW $200M: END OF AN ERA?
Fartcoin has officially plunged 94% from its January ATH, now trading around $0.18.
On-chain data (Arkham) shows Wintermute slashing its holdings from nearly 3% of supply → just 0.24%, triggering fears of a major market-maker exit.
Rumors point to an expiring dev loan driving aggressive sell-offs and mixed sentiment:
🔻 Bears: calling for $0.10
🔼 Bulls: eyeing an unlikely but possible $1-$2 rebound
Despite the wreckage, perp volumes remain high and funding flipped deeply negative, often a setup for short-term relief bounces in memecoins.
Volatile conditions ahead. Stay sharp.
NFA & DYOR
USDCAD MULTI TIMEFRAME ANALYSIS Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
USDCHF MULTI TIMEFRAME ANALYSIS Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
NZDUSD MULTI TIMEFRAME ANALYSIS Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
AUDUSD MULTI TIMEFRAME ANALYSIS Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
GBPUSD MULTI TIMEFRAME ANALYSIS Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
USDJPY MULTI TIMEFRAME ANALYSIS Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
USDJPY MULTI TIME FRAME ANALYSIS Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Smart Money Secrets1. The Psychology Behind Smart Money Movement
Smart money rarely buys at the top or sells at the bottom. Instead, institutions accumulate positions slowly during periods of low volatility and distribute them quietly near tops. The retail crowd does the opposite—buy at tops out of fear of missing out (FOMO) and sell at bottoms due to panic.
Institutions exploit this behavior by:
Creating liquidity traps
Triggering stop-loss hunts
Pushing the price into zones where retail traders enter in the wrong direction
Fading false breakouts
Their goal is simple: buy from emotional sellers, and sell to emotional buyers.
Understanding this psychology is crucial because following smart money usually leads to high-probability trades, while following retail noise often leads to losses.
2. Liquidity: The Fuel of Smart Money
A core smart money secret is that price moves where liquidity exists, not where emotions point. Liquidity refers to regions where many orders are present—like stop losses, pending orders, and institutional blocks.
Smart money actively targets:
Stop loss clusters
Liquidity pools above swing highs
Liquidity pools below swing lows
Areas of imbalance and inefficiency
Example:
When many retail traders place stop losses below a support level, institutions may deliberately push the price below that level to trigger those stops, collect liquidity, and then reverse the price upward.
This phenomenon is called a liquidity grab.
3. Market Structure and Smart Money
Institutions trade based on market structure, not indicators. They analyze:
Higher highs and higher lows
Break of structure (BOS)
Change of character (CHoCH)
Fair value gaps (FVG)
Order blocks (OB)
When smart money wants to reverse a trend, they leave signals through these structural changes. Traders who understand the smart money model (SMM) can identify early trend reversals long before retail indicators show them.
4. Order Blocks – Smart Money Entry Zones
An order block represents a candle or zone where institutions placed significant buy or sell orders. After these zones are formed, price often returns to them to “mitigate” or rebalance institutional positions.
Types of order blocks:
Bullish Order Block: Last down candle before an upward expansion
Bearish Order Block: Last up candle before a downward expansion
When price returns to an order block:
Institutions re-enter or add to positions
High-probability trades form
Retail traders are often on the wrong side
Order blocks are one of the strongest smart money signals for entries.
5. Fair Value Gaps – Imbalances in Price
Smart money often causes rapid price moves that leave gaps between candles. These are called Fair Value Gaps (FVGs) or imbalance zones.
Why they form:
Large institutions place massive orders
Market doesn’t have enough liquidity to fill all levels
Price “jumps” leaving an imbalance
Smart money expects price to return to fill these gaps because they represent inefficiencies in the market. Traders use these zones for entry confirmations and profit targets.
6. Stop Hunts and Liquidity Sweeps
One of the biggest secrets in smart money behavior is stop hunting—a deliberate attempt to trigger retail stop losses.
Reasons for stop hunts:
To collect liquidity for institutional entries
To trap retail traders in the wrong direction
To create volatility before the actual move
Common patterns:
Price dips below a major support and shoots up
Price wicks above a resistance and falls sharply
Long wick candles near order blocks
Retail traders often perceive these as breakouts, but smart money uses them for liquidity collection.
7. Inducement – The Trap Before the Real Move
Inducement is a clever technique used by smart money to lure traders into false setups.
Example:
Price approaches a resistance level multiple times, making retail traders think a breakout is coming. Just before the real move happens:
Price sweeps the liquidity above resistance
Then reverses back into smart money’s direction
Inducement helps institutions create liquidity for their own trades.
8. Volume as a Smart Money Indicator
While price can be manipulated, volume rarely lies. Smart money activity is marked by:
High-volume candles at turning points
Volume spikes during liquidity sweeps
Decreasing volume during pullbacks (institutional accumulation)
Volume Profile and VWAP are tools many traders use to detect institutional footprints.
9. Smart Money and Algorithmic Trading
Modern smart money behavior is driven by algorithms operated by major institutions. These algorithms:
Scan liquidity zones
Execute orders at optimal prices
Analyze price inefficiencies
Prevent slippage
Algorithms follow rules based on order flow, not indicators. This is why price often moves in patterns consistent with smart money concepts, such as BOS, CHoCH, FVGs, and OB mitigations.
10. How Retail Traders Can Use Smart Money Secrets
To trade like smart money, retail traders should:
1. Follow Liquidity, Not Emotions
Identify where liquidity rests:
Equal highs
Equal lows
Swing points
Consolidation zones
These are areas institutions target.
2. Identify BOS and CHoCH
Break of structure reveals trend continuation.
Change of character signals trend reversal.
3. Use Order Blocks and FVGs for Entries
These are high-probability institutional zones.
4. Avoid Trading Breakouts Blindly
Most breakouts are manipulations. Wait for liquidity sweeps.
5. Understand Timing
Smart money moves often occur during:
London Session Open
New York Session Open
Major economic news
Avoid trading in the dead zones between sessions.
6. Stop Using Too Many Indicators
Indicators lag behind price. Smart money trades price action and liquidity.
11. Why Smart Money Secrets Matter
Following smart money helps traders:
Avoid bull and bear traps
Enter trades at institutional pricing
Improve risk-reward ratios
Understand why price moves
Gain confidence through structure-based trading
Instead of being manipulated by market makers, traders learn to trade with them.
Conclusion
Smart money secrets revolve around understanding how institutions operate—where they enter, where they exit, and how they manipulate liquidity. By analyzing market structure, order blocks, liquidity zones, BOS/CHoCH signals, and fair value gaps, traders gain deep insight into true market behavior. While retail traders often trade based on indicators and emotions, smart money trades based on liquidity and structure. Learning these principles allows any trader to align with institutional order flow, trade high-probability setups, and avoid common retail pitfalls.
Indian Brokerage Explained1. Role of a Brokerage Firm in India
A brokerage firm acts as a bridge between retail or institutional investors and stock exchanges like NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). Because individuals cannot directly trade on these exchanges, brokers are required. Their core functions include:
a) Trade Execution
They execute buy and sell orders in the equity cash market and derivatives market.
They provide order types like market orders, limit orders, stop-loss, and bracket orders.
b) Providing Trading Platforms
Today's Indian brokers provide high-speed, user-friendly trading platforms accessible through:
Mobile apps
Desktop software
Web-based trading interfaces
Advanced brokers also offer:
Algo trading APIs
Charting tools
Option chain and strategy builders
c) Acting as Depository Participants (DPs)
Most brokers partner with NSDL or CDSL to manage Demat accounts, where shares are held electronically. They handle:
Share allocation
Dematerialization
Pay-in and pay-out of securities
d) Providing Research and Advisory
Traditional brokers offer:
Equity research
Stock recommendations
Trading calls
IPO analysis
Discount brokers usually offer minimal research but strong tools.
e) Risk Management & Margin
Brokers monitor:
Margin requirements
Exposure
Leverage
Intraday positions
Overnight risk
They ensure compliance with SEBI and exchange rules to protect investors.
2. Types of Brokers in India
Indian brokerage houses can broadly be classified into discount brokers and full-service brokers.
A. Discount Brokers
Discount brokers provide low-cost execution with minimal advisory. They became extremely popular post-2015 due to companies like Zerodha, Upstox, Groww, and Angel One (new model).
Key features:
Lowest brokerage costs
Fast, stable trading platforms
DIY (Do-It-Yourself) investing
No personal advisory
High focus on technology and analytics
Best for:
Intraday traders
F&O traders
Tech-savvy investors
Cost-conscious investors
Examples: Zerodha, Upstox, Groww, 5Paisa, Angel One (modified model).
B. Full-Service Brokers
Full-service brokers offer research, advisory, RM support, branch presence, and wealth management. Examples include:
ICICI Direct
HDFC Securities
Kotak Securities
Sharekhan
Motilal Oswal
Key features:
High-quality research reports
Relationship managers
Portfolio management services
Offline and online support
Best for:
Long-term investors
High-net-worth individuals
Investors who need guidance
Full-service brokers charge higher fees, often a percentage of the traded value.
3. Brokerage Charges & Revenue Model
Brokerage firms in India earn through various charges:
1) Brokerage Fees
This is the primary earning method.
Discount brokers: Typically charge ₹0 on delivery and ₹20 per executed order on intraday or F&O.
Full-service brokers: Charge 0.25% to 0.50% on equity delivery and 0.03% to 0.05% on intraday.
2) Account Opening & AMC
Most brokers charge:
Demat AMC: ₹300–₹700/year
Trading account opening: ₹0–₹500
Some waive these charges for promotions.
3) Margin/Interest Income
Brokers earn interest on:
Margin funding
Pledging shares for collateral
Short-term borrowing for leverage
Margin funding is a major revenue stream.
4) Platform Fees
Some brokers charge for:
Advanced charting (optional)
Algo APIs
Add-on research packages
5) Distribution Fees
Full-service brokers earn commissions by selling:
Mutual funds
Insurance products
Bonds and NPS
PMS/AIF products
4. Trading Platforms in Indian Brokerage
Modern Indian brokers focus heavily on technology. Good trading platforms must offer stability, speed, and analytics.
Common features:
Real-time market data
Advanced charting (candlestick, indicators)
Option chain & Greek analysis
Margin calculators
Backtesting tools
Algo trading APIs
Portfolio analytics
Leading platforms include:
Zerodha Kite
Upstox Pro
Groww App
Angel One App
ICICI Direct Neo
Sharekhan TradeTiger
These platforms have revolutionized retail participation.
5. Key Accounts You Need for Trading
To trade in the Indian market, three accounts are required:
1) Bank Account
For adding and withdrawing funds.
2) Trading Account
Used to place buy/sell orders.
3) Demat Account
Used to store shares electronically.
Most brokers offer a combined 2-in-1 or 3-in-1 account structure.
6. Regulators and Compliance
Indian brokerage firms operate under strict regulations to protect investors.
Key Regulators:
1) SEBI
Securities and Exchange Board of India ensures:
Fair trading practices
Capital adequacy of brokers
Fraud prevention
Investor protection
2) Stock Exchanges (NSE & BSE)
Ensure order execution, real-time monitoring, and compliance.
3) Depositories (NSDL & CDSL)
Manage electronic share holding and transfer.
Broker Safety Measures (Mandatory):
Segregation of client funds and broker funds
Daily margin reporting
Pledge-repledge system
Surveillance and risk management
Investor complaint mechanisms
7. How Trading Works Through a Broker (Step-by-Step)
Here is the complete flow of a trade in the Indian market:
Trader places order on the app.
Broker sends order to exchange.
Exchange matches order with a counterparty.
Trade is executed; confirmation sent to broker and trader.
Funds or shares are blocked immediately.
At end of day, settlement happens (T+1)
Shares move to Demat account
Funds move from bank
Contract note sent to investor.
Brokers upload data to CDSL/NSDL.
This system ensures transparency and security.
8. Evolution of Indian Brokerage
In the last decade, the Indian brokerage market has undergone massive transformation:
Earlier Era (Before 2010)
High brokerage charges
Offline trading through call & trade
Low retail participation
Tech Era (2015–Present)
Zero-brokerage delivery
Mobile apps & APIs
Algo trading for retail
Massive growth in F&O trading
Millions of new traders
The competition has forced brokers to continuously innovate, improving user experience and reducing fees.
9. Choosing the Right Broker in India
When selecting a broker, consider:
A. Charges
Low brokerage matters for active traders.
B. Platform Quality
Stable apps reduce slippage and errors.
C. Customer Support
Quick issue resolution is crucial.
D. Margin & Leverage
Different brokers offer varying margin requirements.
E. Product Variety
Stocks
F&O
Commodities
Currency
Mutual funds
F. Safety & Reputation
Select SEBI-registered brokers with strong track records.
Conclusion
The Indian brokerage ecosystem is robust, transparent, and technologically advanced. With discount brokers reducing costs and full-service brokers offering strong research, investors have ample choices. Regulatory bodies like SEBI and exchanges maintain strict controls to ensure safety and fairness. Whether you are a beginner or a seasoned trader, understanding how brokers work helps you navigate the financial markets effectively and make better trading decisions.
GBPUSD MULTI TIMEFRAME ANALYSIS Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
XAUUSD MULTI TIMEFRAME ANALYSIS Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.






















