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Nov 18, 2022 โ€ข 11 tweets โ€ข 7 min read โ€ข Read on X
In Technical Analysis, a candlestick pattern is a movement in prices shown graphically on a candlestick chart that some believe can predict a particular market movement.

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History:
Some of the earliest technical trading analysis was used to track prices of rice in the 18th century. Much of the credit for candlestick charting goes to Munehisa Homma (1724โ€“1803), a rice merchant from Sakata, Japan who traded in the Ojima Rice market in Osaka
Formation of the candlestick:
Candlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument.
Big Black Candle Has an unusually long black body with a wide range between high and low. Prices open near the high and close near the low. Considered a bearish pattern.

#sensex #nifty #stockstowatch #stockmarketindia #stockmarketnews #stockmarket
Big White Candle Has an unusually long white body with a wide range between high and low of the day. Prices open near the low and close near the high. Considered a bullish pattern.
Black Body Formed when the opening price is higher than the closing price. Considered to be a bearish signal.

White Body Formed when the closing price is higher than the opening price and considered a bullish signal.
Doji Formed when opening and closing prices are virtually the same. The lengths of shadows can vary. If previous are bearish, after a Doji, may be ready to bullish.
Long-Legged Doji Consists of a Doji with very long upper and lower shadows. Indicates strong forces balanced in opposition. If previous are bullish, after long legged doji, may be ready to bearish.
Dragonfly Doji Formed when the opening and the closing prices are at the highest of the day. If it has a longer lower shadow it signals a more bullish trend. When appearing at market bottoms it is considered to be a reversal signal.
Gravestone Doji Formed when the opening and closing prices are at the lowest of the day. If it has a longer upper shadow it signals a bearish trend. When it appears at market top it is considered a reversal signal.

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More from @Stocktwit_IN

Mar 17, 2023
Candlestick #charts patterns is a movement in prices shown graphically on a candlestick chart that some believe can predict a particular market movement

A thread by Naren Joshi @valuelevels
๐Ÿงต๐Ÿ‘‡

#like & #Retweet for MAX Reach
Bullish Patterns

1- BULL FLAG
2- CUP WITH HANDLE
3- ASCENDING TRIANGLE

#stocks #TradingView
#nifty #niftybank #banknifty
BEARISH PATTERNS

1- BEAR FLAG
2- INVERTED CUP WITH HANDLE
3- DESCENDING TRIANGLE

#niftyoptions #niftyfuture
#niftytoday
Read 7 tweets
Mar 16, 2023
Moving average is one the simplest indicator which many traders and investor use for technical analysis.

๐—” ๐—ง๐—ต๐—ฟ๐—ฒ๐—ฎ๐—ฑ ๐—ผ๐—ป ๐— ๐—ผ๐˜ƒ๐—ถ๐—ป๐—ด ๐—”๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐Ÿงต by @me__kaushik

Retweet โ™ป for maximum reach.
๐Ÿ“What is Moving Average?

A moving average is a technical indicator that investors and traders use to determine the trend direction of a stock or to determine its support and resistance levels.

It is a trend-following or lagging indicator because it is based on past prices.
๐Ÿ“Types of Moving Average

๐Ÿ‘‰ Simple Moving Average (SMA): SMA is a technical indicator calculated by adding the most recent data points in a set and dividing the total by the number of time periods.
Read 17 tweets
Mar 12, 2023
Inside bar trading strategy is a popular trading strategy among traders.

๐—” ๐—ง๐—ต๐—ฟ๐—ฒ๐—ฎ๐—ฑ ๐Ÿงต ๐—ผ๐—ป ๐—œ๐—ป๐˜€๐—ถ๐—ฑ๐—ฒ ๐—•๐—ฎ๐—ฟ by @me__kaushik

RETWEET โ™ป if you find it useful.

#StockMarket #StockMarketindia #trading #stocks Image
๐Ÿ“What is Inside bar?

An Inside bar means the high and low of the baby candle is completely within the high and low of the Mother candle.

The image below is an example of an inside bar where we can see the baby candle is completely inside the Mother candle. ImageImage
๐Ÿ“When to trade Inside Bar?

Inside bars can be traded in trending markets in the direction of the trend.

Inside bars can also be traded near demand and supply zone, when traded this way they are often referred to as inside bar reversals.
Read 14 tweets
Mar 11, 2023
Stock Chart Patterns โ†—๏ธโ†”๏ธโ†˜๏ธ

If you #LIKE then also #Retweet please

Stock chart patterns often signal transitions between rising and falling trends.

These patterns can be as simple as trendlines and as complex as double head-and-shoulders formations. Image
Since price patterns are identified using a series of lines or curves, it is helpful to understand trendlines and know how to draw them. Trendlines help technical analysts spot support and resistance areas on a price chart. Image
A chart pattern is a shape within a price chart that helps to suggest what prices might do next, based on what they have done in the past. Image
Read 7 tweets
Mar 11, 2023
OPENING RANGE BREAKOUT STRATEGY EXPLAINED

Opening range breakout trading is an interesting concept. Several traders have asked us how to take advantage of the opening range breakout strategy and if it is a good option. So, we decided it requires a separate discussion. Image
What Is Opening Price And Why It Is Important?

To understand the opening range breakout strategy, we must clear our understanding of the opening price of the day.

Often the opening sets the mood for trading for the day โ€“ uptrend or downtrend.
Key Understanding

๐Ÿ”– The beginning hour of the trading day is the most active and dynamic period. The opening hours sets the sentiment of the market

๐Ÿ”– You can make the most money during the opening hour, but it is also volatile
Read 5 tweets
Feb 24, 2023
In Technical Analysis, a candlestick pattern is a movement in prices shown graphically on a candlestick chart that some believe can predict a particular market movement.

thread ๐Ÿงต ๐Ÿ‘‡ with @valuelevels
& @TradingView_IN

#TechnicalTrades #TradingView Image
History:
Some of the earliest technical trading analysis was used to track prices of rice in the 18th century. Much of the credit for candlestick charting goes to Munehisa Homma (1724โ€“1803), a rice merchant from Sakata, Japan who traded in the Ojima Rice market in Osaka

#stocks
Formation of the candlestick:
Candlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument.

#priceaction #StocksToTrade
Read 11 tweets

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