Scribd
Upload
3K views2 pages

Candlestick Chart-Pattern-PDF-in-Hindi

Candlestick Chart-Pattern-PDF-in-Hindi

Uploaded by

Gulshan Sonkaria
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
3K views2 pages

Candlestick Chart-Pattern-PDF-in-Hindi

Candlestick Chart-Pattern-PDF-in-Hindi

Uploaded by

Gulshan Sonkaria
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

Candlestick pattern analysis in hindi

Candlestick chart pattern analysis in hindi pdf. What is candlestick analysis. What is candlestick pattern. Candlestick pattern with example. Candlestick pattern explanation.

The powerful candlestick chart patterns can help you predict the future of any share. This technique, developed by Munehisa Homma in the 18th century, allows you to understand market trends and make informed decisions about trading. Candlestick patterns are a graph representation of changes that occur in the stock market over time. There are
42 main candlestick patterns, but only 35 of them appear frequently in major companies' share prices. Each candlestick pattern has three parts: Body, Wick, and Color. The Body represents the difference between opening and closing prices for a particular day. The Wick or Shadow is a line that shows the price fluctuations during the trading day.
Candlesticks can be green (bullish), red (bearish), or other colors, which indicate the market's direction. Understanding candlestick chart patterns is crucial to making informed decisions about trading. There are two main types of candlestick patterns: Bullish and Bearish. A Bullish pattern occurs when a share's closing price is higher than the
previous day's closing price, while a Bearish pattern occurs when a share's closing price is lower than the previous day's closing price. By understanding these candlestick patterns, you can gain insights into market trends and make informed decisions about trading. "Bullish Candlestick Pattern: A Powerful Reversal Signal" This pattern occurs when a
market that was trending downwards starts to show signs of reversal. The candle appears as a hammer, with a long lower wick and a short upper body. This indicates that buyers are stepping in, trying to push the price up, but sellers are still strong and holding back the price. The anatomy of this pattern is characterized by a long lower shadow or
wick, which represents the strength of the buyers. The small upper body shows that sellers are still present, but not as strong as before. This pattern is often seen after a sharp decline in prices, where investors are looking for a rebound. It's a signal that buyers are taking control and pushing the price up. The author discusses candlestick chart
patterns in technical analysis, highlighting their importance and versatility. They emphasize that while these patterns can be used to predict future price movements, they should not be relied upon exclusively. The article goes on to describe various candlestick patterns, including the bearish engulfing pattern, dark cloud cover, inside candle, three
black crows, bullish harami, and others. The author notes that each pattern is unique and can provide valuable insights into market trends. However, the author also cautions against relying solely on candlestick charts, emphasizing that markets are unpredictable and can exhibit sudden changes in trend. They advise traders to be disciplined and
avoid impulsive decisions based on a single chart pattern. The article concludes by highlighting the importance of understanding technical analysis and its limitations. The author encourages readers to continue learning about candlestick patterns and other forms of technical analysis, while also acknowledging that markets are inherently
unpredictable. In technical analysis, the pattern of cloud cover morning star and evening star is often represented by a green candlestick, indicating strength, while weakness is depicted by a red candlestick. Generally, it's advisable to buy when green candles appear and sell when red ones do. Market conditions can lead to minor changes in patterns,
so analysts should be flexible when examining these candlestick patterns on charts. For bullish patterns, the preceding trend should be bearish, and vice versa for bearish patterns. Candlestick charts are a type of technical chart that analyzes price movements similar to bar or line charts. Each candlestick primarily consists of a real body and wick,
also known as shadows: The opening price is higher than the closing price if the green candle's top indicates an upward movement. Conversely, the closing price is higher than the opening price if the red candle's top indicates a downward movement. As candlesticks become more attractive, traders seek out patterns that can exhibit continuity or
reversal.

You might also like