This is reverse of morning star pattern, It gives bearish signal. When ever such pattern is formed, you can treat it as signal for the start of down trend.
Category - Trading
Morning Star Candle Stick Pattern for Stock Market
This is a three star candle pattern.It gives bullish signalAfter such pattern is formed there is higher probability of share prices going up. Few conditions to be met for morning star: Shares should be in down trendRed...
Dark Cloud Cover Pattern in Stock Market
This is yet another important candle stick pattern formed using two candles. It gives bearish signals. It is just opposite of piercing line pattern.
Piercing Line Pattern for Stock Market
This is a two candle pattern. It gives bullish signal. This means once such pattern is formed there is higher chances of share values going up. In the pattern you will see 2nd candle is formed 50% above the 1st candle...
Bearish Harami Candle Stick Pattern for Stock Market
This is another interesting candle pattern formed in the uptrend of the stock market. When ever you notice a large green size candle pattern formed and just after it a red small candle pattern is formed whose opening...
Bullish Harami Candle Stick Pattern for Stock Market
This is one of the most common candlestick pattern and also one of the most important pattern in the stock market as it is too frequently formed. Lets now try to understand this in detail: It is a two candle pattern...
VWAP and MACD Strategy for Intraday
Set time frame : 15 mins Use indicators: VWAP, MACD Trading Signal: candle sticks cuts vwap line to go up + MACD blue line cuts orange to go up – buy signalcandle sticks cut vwap to go down + MACD blue line cuts...
How to Find High Quality stocks for Intraday Trading
If you are intraday trader and you are finding very difficult to find out high quality stocks to trade then this article is for you. Here we will sharing tips on how to choose the most suitable intraday stock without...
What is Support and Resistance Levels in Share Market?
In stock market technical analysis, support and resistance are certain predetermined levels of the price of a security at which it is thought that the price will tend to stop and reverse. These levels are denoted by...
Intraday Breakout Strategies for Beginners
Basic rules to follow for this strategy: Trade in 5 min chart: This is very suitable for intraday. 1st candle should close above previous day high – 9.20 am candle: Market opens at 9.15 am, you have to look at...
Price Action Trading Strategies Basics
In the stock market stocks always move in the swings. let’s say there is stock named abc private limited and opening price of the stock is 100$ and the closing price of the stock is 150$. Most o the time price of...
9 Reason why people fail in the stock market
Data shows 90 percent of traders loose 80 to 90 percent of share their capital within 3 months time period. We often think stock market is easy money making tool. If you are thinking in the similar way, you need...
Day Trading Strategy Using Pivot Point & CPR
In this article we will be discussing about how to use pivot point strategy to enter and exit in the day trading. Lets get started: Rule 1: Enter the trade only when the stock breaks the R1 / S1 levels, when the next...
Complete option Trading Guide for Beginners
An option buy requires very less capital compared to option seller. If you are option buy, you can see here capital you need to buy a PE stock lot is around 3000 rupees Same lot will cost you above 1 lac rupees if you...
How to Prepare Chart before Stock Market Opens Everyday
Have you come across a situation where you enter a trade and as soon as you enter just within some time the market reverses without any reason and hits your stop loss. You’re not the only one facing this issue...
A Symmetrical Triangle Chart Pattern and Price Action
In this post we will be discussing: Why trading in this pattern worksWhen to enter the trade and how to place target and stop loss Trading with this pattern gives you more than 80% success rate. In the market there are...