e-Book

THE ULTIMATE

Candlesticks
CHEATSHEET
YOUR GUIDE TO STARTING A

PROFITABLE
STOCK MARKET JOURNEY

Only Candlesticks you Need

Siddharth Jaiswal
 CANDLESTICKS
1

Cheatsheet

One Page Cheat Sheet for all

Candlesticks Scenarios

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WHEN TO GIVE IMPORTANCE ?

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You need to give importance to Candlestick

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ONLY if they are forming after :

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Uptrend Or Downtrend
At Important Support Or Resistance

Disclaimer:
Everything mentioned in this e-book is based on personal experiences and is strictly
for educational purposes.
Siddharth Jaiswal
@siditel.in
 2

DOJI CANDLESTICK

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Common Doji can be used at Support/ Resistance

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or after an Uptrend/ Downtrend.

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DragonFly Doji Importance ONLY to be given at

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support or after a downtrend.

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NOT at Resistance or Uptrend

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GraveStone Doji Importance ONLY to be given if
forming at Resistance or after an Uptrend.
NOT at Support or after Downtrend.

AT SUPPORT OR RESISTANCE BOTH

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GRAVESTONE DOJI

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COMMON DOJI

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sid ONLY AT RESISTANCE / AFTER UPTREND

Disclaimer:
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DRAGONFLY DOJI ONLY AT SUPPORTS/ AFTER DOWNTREND

Everything mentioned in this e-book is based on personal experiences and is strictly

for educational purposes.
Siddharth Jaiswal
@siditel.in
 3

HAMMER CANDLESTICK

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HAMMER Importance ONLY to be given at SUPPORT

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not at RESISTANCE as less accurate.

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INVERTED HAMMER Importance ONLY to be given at

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RESISTANCE not at SUPPORT as less accurate.

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Don't get confused by the various names of
hammers available out there, just remember these
two you will be good.

Small negligible Wicks are still ok to consider them

as hammers.

HAMMER OR HANGING MAN

BULLISH @ SUPPORT

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sid
@ BEARISH @ RESISTANCE

INVERTED HAMMER OR
SHOOTING STAR

Disclaimer:
Everything mentioned in this e-book is based on personal experiences and is strictly
for educational purposes.
Siddharth Jaiswal
@siditel.in
 4

MARUBOZU CANDLESTICK

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NEGLIBLE WICKS can still be considered at

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Marubozu Candles.

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Green means Bulls are strong and Price when

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breakouts from this candle's range we can see a
trending move.

Red means Bears are strong and Price when

breakouts from this candle's range we can see a
trending move Which ever side the range breakout
happens we will see a trending move that side.

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ite
sid
@
BULLISH MARUBOZU BEARISH MARUBOZU

Disclaimer:
Everything mentioned in this e-book is based on personal experiences and is strictly
for educational purposes.
Siddharth Jaiswal
@siditel.in
 5

Pro Trading Tip

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These candlesticks work better on higher

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Timeframes.

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Stocks [Hourly & above]

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For Index it works nicely on 15 mins and above.

Note :

There are too many candlestick patterns present

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out there.

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Trust me.

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You don’t need to learn them all.

sid
Just master the above candlesticks and you will
be better than 90% of the traders present both in

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cash and FnO.

Disclaimer:
Everything mentioned in this e-book is based on personal experiences and is strictly
for educational purposes.
Siddharth Jaiswal
@siditel.in
@siditel.in