Technical

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CLASS OUTLINE
Section1 Section2 Section3
Single Double Triple

Candlestick Candlestick Candlestick
Q&A Q&A
Pattern Pattern Pattern
Note:
1. Have a pen and paper to note down important concepts
2. Message your questions in the chat and Arvind will ask during the QnA session.
3. Study Material will be shared in the WhatsApp group.
PRICE CHART
Time Price
TIME FRAME
Minutes,
Daily
Hourly
Weekly Monthly
JAPANESE CANDLESTICK CHART
1. In the end of 17th century, a rice trader named was M. Homma

invented this technique to predict future price directions of rice.
2. Steve Nison heard about Homma invention and he learnt about
it and introduced rest of world about this beautiful charting
technique.
Advantages
Easy to interpret.
Reflects psychology of market in a simple manner.
JAPANESE CANDLESTICK
Upper shadow O Opening price
H Highest price
Real Body
L Lowest price
Lower shadow
C Closing price
BULLISH CANDLE
H Close > Open
Demand > Supply

C
Bull > Bear
O Buying Interest > Selling Interest
L
Winner : Bull
BEARISH CANDLE
H Close < Open
Demand < Supply

O
Bull < Bear
C Buying Interest < Selling Interest
L Winner : Bear
DOJI CANDLE
No Real Body
C O Inconclusive Interest
L
HAMMER
1 CANDLESTICK PATTERN
PATTERN : UMBRELLA-HAMMER
Action : Buy | Stop Loss : Low of Hammer

PSYCHOLOGY OF HAMMER
PROPERTIES OF HAMMER
Downtrend/fall in price.
No or very small upper shadow.
Lower shadow should be at least two to three
times of real body.
Real body size should be small.
Colour doesn't matter.
APPROACHES IN TRADING
HAMMER
Aggressive Approach
Conservative Approach
Balanced Approach
HANGING
MAN
PSYCHOLOGY OF HANGING MAN
R/G
C Close below
real body
Action : Sell | Stop Loss : Highest High

PATTERN : HANGING MAN
200
199
196
194 Close below
real body
188
Expected fall
Rise in price in price
PROPERTIES OF HANGING MAN
Uptrend/rise in price.
No or very small upper shadow.
Lower shadow should be at least two to three
times of real body.
Real body size should very small.
Real body colour does not matter.
2nd candle should close below the real body of
1st candle.
SHOOTING
STAR
PATTERN : SHOOTING STAR
Action : Sell | Stop Loss : High Of Shooting Star

PSYCHOLOGY OF SHOOTING STAR
PROPERTIES OF SHOOTING STAR
Uptrend/rise in price.
No or very small lower shadow.
Upper shadow should be atleast two to three
times of real body.
Real body size should be small.
Colour doesn't matter.
INVERTED
HAMMER
PATTERN : INVERTED HAMMER
Close above
C
real body
R/G
Action : Buy| Stop Loss : Lowest low

PSYCHOLOGY OF INVERTED
HAMMER
Expected Rise
in price
200
Fall in price Close above

196
real body
194
R/G
192
191
PROPERTIES OF HANGING MAN
No or very small lower shadow.
Upper shadow should be atleast two to three
times of real body.
Real body size should very small.
Real body colour does not matter.
2nd candle should close above the real body of
1st candle.
Hanging Man Shooting Star
Hammer Inverted Hammer

BULLISH
ENGULFING
PATTERN : BULLISH ENGULFING
Action : Buy | Stop Loss : Lowest Low

PSYCHOLOGY OF BULLISH
ENGULFING
PROPERTIES OF BULLISH
ENGULFING
1st candle = Red candle
2nd candle = Green candle
2nd candle should engulfs whole real body of
1st candle, shadows doesn't matter.
Extra volume on 2nd candle will provide extra
confirmation.
PIERCING
PATTERN : PIERCING

PSYCHOLOGY OF PIERCING
PROPERTIES OF PIERCING
2nd candle should engulfs more than 50% real
body of 1st candle, shadows doesn't matter.
confirmation.
BULLISH
THRUSTING
PATTERN : BULLISH THRUSTING

THRUSTING
THRUSTING
2nd candle should engulfs less than 50% real
body of 1st candle, shadows doesn't matter.
confirmation
BEARISH
ENGULFING
PATTERN : BEARISH ENGULFING
Action : Sell| Stop Loss : Highest High

PSYCHOLOGY OF BEARISH
ENGULFING
PROPERTIES OF BEARISH
ENGULFING
Uptend / rise in price.
1st candle = Green candle
2nd candle = Red candle
2nd candle should engulfs whole real body of
1st candle, shadows doesn't matter.
DARK
CLOUD
COVER
PATTERN : DARK CLOUD
CLOVER

PSYCHOLOGY OF DARK CLOUD
CLOVER
PROPERTIES OF DARK CLOUD
CLOVER
2nd candle should engulfs more than 50% real
body of 1st candle, shadows doesn't matter
BULLISH
HARAMI
PATTERN : BULLISH HARAMI
Action : Buy| Stop Loss : Lowest Low

PSYCHOLOGY OF BULLISH HARAMI
HARAMI
Downtrend / fall in price.
2nd candle = Red/Green candle
2nd candle real body should very small.
2nd candle real body should lies inside of real
body of first candle, shadows of 2nd candle
does not matter.
BULLISH
HARAMI
CROSS
PATTERN : BULLISH HARAMI
CROSS

PSYCHOLOGY OF BULLISH HARAMI
CROSS
HARAMI CROSS
2nd candle = Doji
Doji should lies inside of real body of first
candle, shadows of doji does not matter.
BEARISH
HARAMI
PATTERN : BEARISH HARAMI

PSYCHOLOGY OF BEARISH HARAMI
HARAMI
Uptrend / rise in price.
2nd candle real body should lies inside of real
body of first candle, shadows of 2nd candle
does not matter.
BEARISH
HARAMI
CROSS
PATTERN : BEARISH HARAMI
CROSS

PSYCHOLOGY OF BEARISH HARAMI
CROSS
HARAMI CROSS
Uptrend / rise in price.
2nd candle = Doji
Doji should lies inside of real body of first
candle, shadows of doji does not matter.
BULLISH
COUNTER
ATTACK LINE
PATTERN : BULLISH
COUNTERATTACK LINE

COUNTERATTACK LINE
COUNTERATTACK LINE
2nd candle close should almost equal to the
close of 1st candle
BEARISH
COUNTER
ATTACK LINE
PATTERN : BEARISH
COUNTERATTACK LINE

PSYCHOLOGY OF BEARISH
COUNTERATTACK LINE
COUNTERATTACK LINE
2nd candle close should almost equal to the
close of 1st candle.
MORNING
STAR
PATTERN : MORNING STAR

PSYCHOLOGY OF MORNING STAR
PROPERTIES OF MORNING STAR
Downtend / fall in price.
3rd candle = Green candle
2nd candle real body should not overlap with
body of 1st and 3rd candle real body, shadows
of 2nd candle does not matter.
MORNING
DOJI STAR
PATTERN : MORNING DOJI STAR

PSYCHOLOGY OF MORNING DOJI
STAR
2nd candle = Doji
Doji should not overlap with body of 1st and 3rd
candle real body, shadows of doji does not
matter.
ABANDONED
BABY
BOTTOM
PATTERN : ABANDONED BABY
BOTTOM

PSYCHOLOGY OF ABANDONED
BABY BOTTOM
PROPERTIES OF ABANDONED
BABY BOTTOM
2nd candle = Doji
Doji should not overlap with body & shadow of
1st and 3rd candle real body
EVENING
STAR
PATTERN : EVENING STAR

PSYCHOLOGY OF EVENING STAR
PROPERTIES OF EVENING STAR
3rd candle = Red candle
2nd candle's real body should not overlap with
body of 1st and 3rd candle's real body, shadows
EVENING
DOJI STAR
PATTERN : EVENING DOJI STAR

PSYCHOLOGY OF EVENING DOJI STAR
PROPERTIES OF EVENING DOJI STAR
2nd candle = Doji
matter
ABANDONED
BABY TOP
TOP

PSYCHOLOGY OF ABANDONED BABY
TOP
PROPERTIES OF ABANDONED BABY
TOP
2nd candle = Doji
1st and 3rd candle real body.
DOJI CANDLE
No Real Body
H
Inconclusive Interest
C O Doji is a warning signal it

indicates that the current trend
may change, it does not indicate
L
trend reversal. It is like a warning
sign board which says "Be
Cautious, trend may change" .
DOJI CANDLE
DOJI CANDLE
Likelihood of reversal with the emergence

of doji increases if:
1.Subsequent candles confirm the doji's

reversal potential.
2. The market is overbought or oversold.
3. The market does not have many doji
THANK
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MORNING
STAR
PATTERN : MORNING STAR

PSYCHOLOGY OF MORNING STAR
2nd candle real body should not overlap with
body of 1st and 3rd candle real body, shadows
MORNING
DOJI STAR
PATTERN : MORNING DOJI STAR

PSYCHOLOGY OF MORNING DOJI
STAR
2nd candle = Doji
matter.
ABANDONED
BABY
BOTTOM
BOTTOM

PSYCHOLOGY OF ABANDONED
BABY BOTTOM
PROPERTIES OF ABANDONED
BABY BOTTOM
2nd candle = Doji
1st and 3rd candle real body
EVENING
STAR
PATTERN : EVENING STAR

PSYCHOLOGY OF EVENING STAR
PROPERTIES OF EVENING STAR
2nd candle's real body should not overlap with
body of 1st and 3rd candle's real body, shadows
EVENING
DOJI STAR
PATTERN : EVENING DOJI STAR

PSYCHOLOGY OF EVENING DOJI STAR
PROPERTIES OF EVENING DOJI STAR
2nd candle = Doji
matter
ABANDONED
BABY TOP
TOP

PSYCHOLOGY OF ABANDONED BABY
TOP
PROPERTIES OF ABANDONED BABY
TOP
2nd candle = Doji
1st and 3rd candle real body.
DOJI CANDLE
No Real Body
H
Inconclusive Interest
C O Doji is a warning signal it

indicates that the current trend
may change, it does not indicate
L
trend reversal. It is like a warning
sign board which says "Be
Cautious, trend may change" .
DOJI CANDLE
DOJI CANDLE
Likelihood of reversal with the emergence

of doji increases if:
1.Subsequent candles confirm the doji's

reversal potential.
2. The market is overbought or oversold.
3. The market does not have many doji
PATTERN : LONG LEGGED DOJI
203
200
Expected fall
PATTERN : LONG LEGGED DOJI
Expected Rise
in price
200
Fall in price
197
PATTERN : DRAGONFLY DOJI
203
200
Expected fall

PATTERN : DRAGONFLY DOJI
Expected Rise
in price
200
Fall in price

PATTERN : GRAVESTONE DOJI
Expected Rise
in price
Fall in price
200
197

PATTERN : GRAVESTONE DOJI
200
Expected fall
Rise in price
in price

OSCILLATOR
OSCILLATOR
Leading Indicator
Mostly oscillators have reading between 0 to 100.
Overbought Zone - price is near the upper extreme,
traders have to search only selling opportunities.
Oversold Zone - price is near the lower extreme, traders
have to search only buying opportunities.
Eg RSI, Stochastic etc
STOCHASTIC OSCILLATOR
"In a market trending

upward, prices will
close near the high,
and in a market
trending downward,
prices close near the
low"
George Lane
K Line (Fast Line)

%K = 100 * (C - H14)
(H14 - L14)
D Line (Slow Line)
%D = 100 * (H3)
(L3) where,
C = latest close
H14 = highest high for last 14 periods
L14 = lowest low for last 14 periods
80 - 100 = Overbought Zone

0 - 20 = Oversold Zone
Very strong trends can maintain overbought or

oversold conditions for an extended period. Instead,
traders should look to changes in the stochastic
oscillator for clues about future trend shifts.
Useful in Sideways market.

FIBONACCI
FIBONACCI RETRACEMENT
Fibonacci Retracement is used by traders to,

1. Draw support lines
2. Identify resistance levels
3. Place stop-loss orders
4. Set target prices.
FIBONACCI : A GOLDEN SEQUENCE
FOUND THROUGHOUT NATURE
Each term is the sum of the preceding two terms
Thus the sequence is 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144,
etc.
FIBONACCI RATIOS
The key Fibonacci ratio of 61.8% is found by dividing one

number in the series by the number that follows it.
Another Important ratio is :
38.2%
For unknown reasons, these Fibonacci ratios seem to

play a role in the stock market, just as they do in
nature.
FURTHER ON FIBONACCI
Geometrical technical analysis researches believed that

"square" & "square root" are the two strongest operators.
2
0.618^ = 0.382
1/2
0.618^ = 0.786
1/2
0.786^ = 0.886
LIST OF USEFUL FIBONACCI RATIOS
0.382, 0.50, 0.618,

0.786, 0.886, 1.00,
1.272, 1.50, 1.618,
2.00, 2.618
USING FIBONACCI RATIOS
FIBONACCI RETRACEMENT AS SUPPORT
FIBONACCI RETRACEMENT AS RESISTANCE
FIBONACCI EXTENSION AS RESISTANCE
FIBONACCI EXTENSION AS SUPPORT
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TRADING
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RSI OSCILLATOR
Developed By J Welles Wilder Jr.
RSI is plotted on vertical scale of 0 to 100.
RSI = 100 - 100 / (1+ RS)
RS = Avg of x days up closes / Avg of x days down closes
0-30 = Oversold
70-100 = Overbought
This oscillator only used for positional.
This oscillator gives good results in big time frame like
weekly.
SUPPORT & RESISTANCE
SUPPORT & RESISTANCE
Support is a level or area on the chart under the
market where buying interest is sufficiently
strong to overcome selling pressure.As a result,
a decline is halted & prices turn back up again.
Resistance is a level or area on the chart under
the market where selling interest is sufficiently
strong to overcome buyling pressure.As a
result,a rise is halted & prices turns back.
PSYCHOLOGY OF SUPPORT
A : Long
Expected rise
B : Short
in Price.
C : NP
A : Buy
B : Buy
C : Buy
PSYCHOLOGY OF RESISTANCE
A : Sell
B : Sell
C : Sell
A : Long Expected fall

B : Short in Price.
C : NP
CHANGE IN POLARITY(COP)
Whenever a support or resistance level is

penetrated by a significant amount, they reverse
their role level & become the opposite.
In other words, a resistance level becomes a
support level and support becomes resistance
CHANGE IN POLARITY(COP)
TRENDS
TRENDS
1 2
Uptrend Downtrend
Channel/Rangebound/Sideways
UPTREND
UPTREND
Formation Of Higher High & Higher Low.
Uptrend ends when previous low breaches.

UPTREND
DOWNTREND
DOWNTREND
Formation Of Lower High & Lower Low.
Downtrend ends when previous high

breaches.
DOWNTREND
DOWNTREND
Formation Of Lower High & Lower Low.
Downtrend ends when previous high

breaches.
CHANNEL
No formation of New High or New Low.

HOW TO TRADE CHANNEL
THANK
YOU
TRADING
BOOTCAMP
BOOTCAMP
MA & EMA
MOVING AVERAGE
A trend following device.

Identify or signal that a new trend has begun
or that an old trend has reversed or ended.
It is a follower not a leader.
Popularly used as to find a support or
resistance.
MOVING AVERAGE
If a 10 day moving average is desired,the

prices for the last 10 days are added up and
total is divided by 10.
Commonly used moving averages are

50,100,200 time period moving average.
EXPONENTIAL MOVING AVERAGE
EMA assigns a greater weight to the more

recent data. But while it assigns lesser
importance to past price data.
REVERSAL
PATTERNS
REVERSAL PATTERNS
DOUBLE BOTTOM
A Reversal Pattern.
This pattern has two bottom A and C near
about same level.
This pattern is complete when the middle
peak B is broken on closing basis.
Volume is lighter on the secondary bottom C
and picks up on the upside breakout of B.
DOUBLE BOTTOM
DOUBLE TOP
A Reversal Pattern.
This pattern has two peak A and C near about
same level.
This pattern is complete when the middle
trough B is broken on closing basis.
Volume is lighter on the secondary top C and
picks up on the downside breakout of B.
DOUBLE TOP
TRIPLE BOTTOM
A Reversal Pattern.
This pattern has three bottom A , C & E near
about same level.
This pattern is complete when peak D is
broken on closing basis.
Volume is lighter on the bottom C & E and
picks up on the upside breakout of D.
TRIPLE BOTTOM
TRIPLE TOP
A Reversal Pattern.
This pattern has three peak B , D and F near
about same level.
This pattern is complete when the trough E is
broken on closing basis.
Volume is lighter on the top D & F and picks
up on the downside breakout of E.
TRIPLE TOP
HEAD & SHOULDER
A major reversal pattern.

The left & right shoulders are at about the
same height.
The head is higher than either shoulder.
The pattern is completed on a close under the
neckline.
HEAD & SHOULDER
The minimum target is height of head.
A return move will often occur back to the

neckline.
HEAD & SHOULDER
INVERSE HEAD & SHOULDER
A major reversal pattern.

The left & right shoulders are at about the
same height.
The head is lower than either shoulder.
The pattern is completed on a close above the
neckline with higher volume.
The minimum target is height of head.
A return move will often occur back to the

neckline.
THANK
YOU
TRADING
BOOTCAMP
BOOTCAMP
OPTION
WHAT IS AN OPTION?
An Option is a contract that gives the right, but

not an obligation, to buy or sell the underlying on
or before a stated date and at a stated price.
While buyer of option pay s the premium and
buys the right, writer/sel ler of option receives the
premium with obligation to sell/ buy the
underlying asset, if the buyer exercises his right.
TYPE OF OPTION
1 2
PUT EUROPEAN (PE) CALL EUROPEAN (CE)

Call Buy View Bullish
Call Sell View Bearish

TERMINOLOGY
Put Buy View Bearish
Put Sell View Bullish

Call Buy View Bullish
Call Sell View Bearish

CALL
TERMINOLOGY
Put Buy View Bearish
Put Sell View Bullish

IF STRIKE PRICE > CASH PRICE
OUT OF THE MONEY (OTM) CALL
IF STRIKE PRICE = CASH PRICE

CALL
AT THE MONEY (ATM) CALL
TERMINOLOGY
IF STRIKE PRICE < CASH PRICE

IN THE MONEY (ITM) CALL
INTRINSIC VALUE = CASH PRICE -
STRIKE PRICE
CALL
P/L FOR BUYER = INTRINSIC VALUE -
TERMINOLOGY
PREMIUM
P/L FOR SELLER = - P/L FOR BUYER

Suppose ITC cash price is 200.A person
having bullish view can buy a call.
Suppose a person A buy a call of strike
price 205 @ 5.
EXAMPLE
PAY OFF OF
CALL OPTION
BEP = Breakeven Point

BEP = Strike Price + Premium
Cash Price = 200
CALL STRIKE
BASIC
IF STRIKE PRICE < CASH PRICE
OUT OF THE MONEY (OTM) PUT
IF STRIKE PRICE = CASH PRICE

PUT
AT THE MONEY (ATM) PUT
TERMINOLOGY
IF STRIKE PRICE > CASH PRICE

IN THE MONEY (ITM) PUT
INTRINSIC VALUE = CASH PRICE -
STRIKE PRICE
PUT
P/L FOR BUYER = INTRINSIC VALUE -
TERMINOLOGY
PREMIUM
P/L FOR SELLER = - P/L FOR BUYER

Suppose ITC cash price is 200.A person
having bearish view can buy a put.
Suppose a person A buy a put of strike
price 195 @ 5.
EXAMPLE
PAY OFF OF
PUT OPTION
BEP = Breakeven Point

BEP = Strike Price - Premium
Cash Price = 200
PUT STRIKE
BASIC
OPTION BUYER(CE/PE)
UNLIMITED PROFIT
LIMITED LOSS
MAXIMUM LOSS = PREMIUM
OPTION
TERMINOLOGY
OPTION SELLER(CE/PE)
LIMITED PROFIT
UNLIMITED LOSS
MAXIMUM PROFIT = PREMIUM
STOCK /INDEX FUTURE
EXPIRY : MONTHLY
STOCK OPTION
DERIVATIVE
EXPIRY : MONTHLY
EXPIRY
INDEX OPTION
EXPIRY : MONTHLY / WEEKLY
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OPTION BUYER(CE/PE)
UNLIMITED PROFIT
LIMITED LOSS
MAXIMUM LOSS = PREMIUM
OPTION
TERMINOLOGY
OPTION SELLER(CE/PE)
LIMITED PROFIT
UNLIMITED LOSS
MAXIMUM PROFIT = PREMIUM
STOCK /INDEX FUTURE
EXPIRY : MONTHLY
STOCK OPTION
DERIVATIVE
EXPIRY : MONTHLY
EXPIRY
INDEX OPTION
EXPIRY : MONTHLY / WEEKLY
OPEN
INTEREST
WHAT IS OI?
The total number of outstanding or open

positions at the end of the day.
If a person A buys a contract &
CONSIDER A person B sells a contract then
SITUATION open interest (OI) = 1.
Price OI Change in OI
Increases Increases New Long

Position BuildUp
Increases Decreases Short Covering

INTERPRETATION
OF OI
New Short
Decreases Increases Position BuildUp
Decreases Decreases Long Unwinding

Always check from the point
of view of seller.
Highest Put Open Interest

OPTION CHAIN
= Important Support
ANALYSIS
Highest Call Open Interest

= Important Resistance
OPTION
STRATEGIES
Bull CALL Spread
BULL CALL SPREAD
What is BCS ? When will we use it?
Limited Risk, Limited Profit

Buy a CALL (lower strike) & In Bullish View
Sell a CALL (higher strike)
Suppose INFY current market price
is 700 and someone has positive
view on INFY .
EXAMPLE A Person can :
Buy OTM CALL 720 strike price @ 30
Sell OTM CALL 740 strike price @ 25
PAY OFF
CHART
Max Risk = Net Premium = 30 -25 = 5
Max Reward = Difference between two

FORMULAE strike-net premium = 20-5 = 15
Breakeven Point (BEP) = Lower strike +

Net premium = 720 + 5 = 725
OPTION
STRATEGIES
Bull PUT Spread
BULL PUT SPREAD
What is BPS ? When will we use it?

Sell a PUT (Higher Strike) & In Bullish View
Buy a PUT (Lower Strike)
Suppose INFY current market price
is 700 and someone has bullish
view on INFY.
EXAMPLE A Person can
Sell OTM PUT 680 strike price @ 20
Buy OTM PUT 660 strike price @ 10
PAY OFF
CHART
Max Risk = Difference between two strike
- net premium = 20 - 10 = 10
FORMULAE Max Reward = Net Premium = 20 -10 = 10
Breakeven Point (BEP) = = Higher strike

- Net premium = 680 - 10 = 670
OPTION
STRATEGIES
Bear PUT Spread
BEAR PUT SPREAD
What is BPS ? When will we use it?

Buy a PUT (higher strike), In Bearish View
Sell a PUT (lower strike)
Suppose ITC current market price is
180 and someone has bearish view
on ITC.
EXAMPLE
A Person can
Buy a PUT 175 strike price @ 6
Sell a PUT 170 strike price @ 4
PAY OFF
CHART
Total Risk = Net Premium = 6-4 =2
Total Reward = Difference between two

FORMULAE strike - net premium = 5 - 2 =3
Breakeven Point (BEP) = Higher Put strike

price - Net Premium =175 - 2 = 173
OPTION
STRATEGIES
Bear CALL Spread
BEAR CALL SPREAD
What is BCS ? When will we use it?

Sell a CALL (lower strike), In Bearish View
Buy a CALL (higher strike)
Suppose ITC current market price is
180 and someone has bearish view
on ITC.
EXAMPLE A person can
Sell a CALL 190 strike price @ 6
Buy a CALL 195 strike price @ 3
PAY OFF
CHART
Total Risk = Difference between two
strike - net premium = 5 - 3 = 2
FORMULAE Total Reward = Net Premium = 6 - 3 = 3
Breakeven Point (BEP) = Lower Call strike

price + Net Premium = 190 + 3 = 193
THANK
YOU

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TRADING

Single Double Triple

1. In the end of 17th century, a rice trader named was M. Homma

Upper shadow O Opening price

H Close > Open

Demand > Supply

O Buying Interest > Selling Interest

H Close < Open

Demand < Supply

C Buying Interest < Selling Interest

Action : Buy | Stop Loss : Low of Hammer

Action : Sell | Stop Loss : Highest High

Action : Sell | Stop Loss : High Of Shooting Star

Action : Buy| Stop Loss : Lowest low

Fall in price Close above

Hammer Inverted Hammer

Action : Buy | Stop Loss : Lowest Low

Action : Buy | Stop Loss : Lowest Low

Action : Buy | Stop Loss : Lowest Low

Action : Sell| Stop Loss : Highest High

Action : Sell| Stop Loss : Highest High

Action : Buy| Stop Loss : Lowest Low

Action : Buy| Stop Loss : Lowest Low

Action : Sell| Stop Loss : Highest High

Action : Sell| Stop Loss : Highest High

Action : Buy| Stop Loss : Lowest Low

Action : Sell | Stop Loss : Highest High

Action : Buy | Stop Loss : Lowest Low

Action : Buy | Stop Loss : Lowest Low

Action : Buy | Stop Loss : Lowest Low

Action : Sell | Stop Loss : Highest High

Action : Sell | Stop Loss : Highest High

Action : Sell | Stop Loss : Highest High

C O Doji is a warning signal it

Likelihood of reversal with the emergence

1.Subsequent candles confirm the doji's

Action : Buy | Stop Loss : Lowest Low

Action : Buy | Stop Loss : Lowest Low

Action : Buy | Stop Loss : Lowest Low

Action : Sell | Stop Loss : Highest High

Action : Sell | Stop Loss : Highest High

Action : Sell | Stop Loss : Highest High

C O Doji is a warning signal it

Likelihood of reversal with the emergence

1.Subsequent candles confirm the doji's

Action : Sell | Stop Loss : Highest High

Action : Buy| Stop Loss : Lowest Low

Action : Buy | Stop Loss : Lowest Low

Action : Sell | Stop Loss : Highest High

"In a market trending

K Line (Fast Line)

80 - 100 = Overbought Zone

Very strong trends can maintain overbought or

Useful in Sideways market.

Fibonacci Retracement is used by traders to,

The key Fibonacci ratio of 61.8% is found by dividing one

For unknown reasons, these Fibonacci ratios seem to

Geometrical technical analysis researches believed that

0.382, 0.50, 0.618,

A : Long Expected fall

Whenever a support or resistance level is

Formation Of Higher High & Higher Low.

Uptrend ends when previous low breaches.

Formation Of Lower High & Lower Low.