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कोई वित्तीय सलाह, निवेश सलाह, प्रशिक्षण सलाह या कोई अन्य सलाह देना ।
यह सामान्य जानकारी है और आपके या किसी और के लिए स्पष्ट नहीं है।
किसी भी पेशेवर के परामर्श के बिना, हम आपको सख्त सलाह देते हैं कि कोई भी निर्णय, वित्तीय, निवेश, व्यापार या अन्यथा । कृपया समझें कि इस जानकारी का उपयोग करना पूरी तरह से आपके अपने जोखिम पर होगा।
जब तक आप एक जारी रखने के लिए तैयार नहीं हैं तब तक कोई कार्रवाई न करें "ऑल आउट दुर्भाग्य" या "कुल नुकसान" । आपके दुर्भाग्य में कमीशन और विनिमय शुल्क के रूप में आपके द्वारा योगदान की गई नकदी शामिल हो सकती है।
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Disclaimer: 1
Share market is subject to Market Risk. Past performance is not a guarantee of future performance. The risk of loss in trading and investment in share market including equity, derivatives, commodity and currency can be substantial. These are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Please ensure that
प्रदान की गई जानकारी केवल शैक्षिक और शिक्षाप्रद उद्देश्यों के लिए है । हमारा इरादा नहीं है
कोई वित्तीय सलाह, निवेश सलाह, प्रशिक्षण सलाह या कोई अन्य सलाह देना ।
यह सामान्य जानकारी है और आपके या किसी और के लिए स्पष्ट नहीं है।
किसी भी पेशेवर के परामर्श के बिना, हम आपको सख्त सलाह देते हैं कि कोई भी निर्णय, वित्तीय, निवेश, व्यापार या अन्यथा । कृपया समझें कि इस जानकारी का उपयोग करना पूरी तरह से आपके अपने जोखिम पर होगा।
जब तक आप एक जारी रखने के लिए तैयार नहीं हैं तब तक कोई कार्रवाई न करें "ऑल आउट दुर्भाग्य" या "कुल नुकसान" । आपके दुर्भाग्य में कमीशन और विनिमय शुल्क के रूप में आपके द्वारा योगदान की गई नकदी शामिल हो सकती है।
Books I Read To Learn Stock Market
My Trading Journal
https://amzn.to/3tK4RNK
Candlestick Patterns
https://amzn.to/3MgbspO
Technical Analysis
https://amzn.to/3Bao0Zp
Fundamental Analysis:
Intelligent Investor
https://amzn.to/42LS0qh (Hindi)
Securities Analysis
https://amzn.to/3pq0nt6
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Motherboard
https://amzn.to/3BbknlN
Processor
https://amzn.to/3pqK0fQ
Monitor
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Technical Analysis Course | Stock Market
#stockmarket #candlestick #technicalanalysis #iNVESTONOMICSbySaurabh
COPYRIGHT DISCLAIMER
Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.
Disclaimer: 1
Share market is subject to Market Risk. Past performance is not a guarantee of future performance. The risk of loss in trading and investment in share market including equity, derivatives, commodity and currency can be substantial. These are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Please ensure that
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LearningTranscript
00:00Friends, if you want to become an expert in trading, then you need to know that when this type of candlestick is made, the price of the share goes up and when this type of candlestick is made, the price of the share goes down.
00:14So think how much money you can earn in the share market with this one knowledge.
00:18So in this video, I am going to tell you about 6 candlestick patterns, which you can use to easily find out whether the price of the share will go up or down.
00:30And I am going to teach you all of this for free, while many people sell this type of content by making paid courses.
00:37So watch this video carefully and watch it completely.
00:40And if you like the video, then don't forget to like the video at all, because it helps us a lot.
00:47So let's start with this video.
00:50So in this video, I am going to tell you about 6 candlestick patterns, and you can see all of these patterns on your screens right now.
00:58The first pattern we are going to talk about is called the Hammer Pattern.
01:03So in this candlestick, we first get to see a small body, and below this body, we get to see a thin line, which we call a wick or shadow.
01:13The work of a wick is to tell you about the highest and lowest prices of the session during the formation of a candle,
01:21and the work of a body is to tell you about the opening and closing prices of the candlestick.
01:26One very important concept here is that if a candlestick is a red selling candlestick, then the prices open from the top of the body and close at the bottom of the body.
01:38And if a candlestick is a green buying candlestick, then the prices open from the bottom of the body and close at the top of the body.
01:46Before using a hammer candle, you have to take care of these 5 things.
01:51So the first condition is that a hammer candlestick will only be valid when the wick below it is quite long, so that we can know about the rejection of lower prices.
02:02Because a hammer candlestick is a bullish candlestick, that is, it is a buying candlestick, so we will see rejection of lower prices.
02:09The second condition is that in order to become a hammer candlestick, it is very important to be in the downtrend of share prices, i.e. before becoming a hammer candle, there should be a decline in share prices.
02:20The third condition is that the color of the body of a hammer candle does not matter here, but if it is a green body hammer candlestick, then there is a high possibility of reversal in prices.
02:32The fourth condition is that after becoming a hammer candle, the next candlestick should be a green body bullish candlestick, which gives us a successful closing on the hammer candle.
02:43And our fifth and last condition is that in a hammer candlestick, we should not see any wick at the top, or if there is a wick there, it should be quite small.
02:53So friends, if these five conditions meet, then our hammer candlestick pattern is formed, i.e. till now the share prices were going down, but after becoming a hammer pattern, now the prices can go up.
03:05So we consider a hammer candlestick to be a bullish reversal pattern. So when you get to see this pattern on the charts, then we can do buying here.
03:13So if you want to trade here, then you will enter the closing price of the next bullish confirmation candlestick after the entry hammer candle and place your stop losses either below the entry candle low or below the hammer candle low.
03:29Now the pattern we are going to talk about is called the hanging man pattern.
03:35So this pattern looks exactly like a hammer pattern, the only difference is that a hanging man pattern is formed after an uptrend, where a hammer pattern is formed after a downtrend.
03:45So friends, to become a hanging man pattern, it is very important to fulfill these four conditions.
03:50Number one, that in this pattern, we should see a long wick at the bottom, and there should be no wick at the top, or if there is a wick, it should be quite small.
04:01So this condition is exactly like a hammer candlestick.
04:04The second condition is that even in this candlestick, the color of the candle body does not matter.
04:09Yes, but the hanging man pattern is considered a red bearish pattern, so if a red-bodied hanging man candle is formed, then it will be more valid.
04:18The third condition is that in order to form a hanging man pattern, the stock must first be in an uptrend.
04:25Like in order to form a hammer candlestick, the stock must first be in a downtrend, in the same way, in the hanging man pattern, the stock must first be in an uptrend.
04:34The fourth condition is that after forming a hanging man candle, the next candlestick should be a red bearish candlestick, and it should give us a successful closing below the low of the hanging man candle.
04:45So when these four conditions meet, our hanging man pattern is complete.
04:50This means that after forming a bearish pattern, the share prices will start to fall.
04:59This means that after forming a hanging man pattern, the share prices can go into a downtrend.
05:03Because this is a bearish pattern, we can enter a selling or short side trade.
05:09To do this, we can enter our positions at the closing price of the next bearish candlestick,
05:18and because we are selling here, we will place our stop losses at the high of the hanging man candle.
05:25So friends, if you still have any confusion between the hanging man and the hammer pattern,
05:30then by looking at this picture, it will be completely cleared.
05:33The hammer is formed in a downtrend, and the hanging man is formed in an uptrend.
05:37The hammer candle gives a buy signal, and the hanging man candle gives a sell signal.
05:43Now friends, our third candlestick pattern is called Inverted Hammer.
05:48Inverted means upside down, and don't get confused by its name,
05:53because this candle also works like a hammer candle.
05:57The only difference between this and a hammer candle is that in a hammer candle, we get to see a long wick at the bottom.
06:04But in an inverted hammer candlestick, we get to see a long wick at the top.
06:09To make an inverted hammer candle, these four conditions must be fulfilled.
06:14Number one, the share must be in a downtrend.
06:17This means that the price of the share must be falling.
06:20The same condition that was for the hammer candlestick pattern is also applied here.
06:24The second condition is that the upper wick in this should be long,
06:28and the lower wick should be either very small or not at all.
06:34Friends, this second condition is the only difference between a hammer and an inverted hammer candlestick.
06:40Friends, the third condition here is like a hammer pattern.
06:43This means that the color of the body of the candle does not matter here either.
06:47Just because an inverted hammer candlestick is a bullish candlestick,
06:51a green colored body inverted hammer candle will be more influential.
06:56We can assume this.
06:58Our fourth and last condition is that after the inverted hammer candle,
07:02the confirmation candlestick will be a bullish candlestick,
07:06which will break the high of the inverted hammer candle and give a closing on it.
07:11So friends, after fulfilling these four conditions, our inverted hammer candlestick pattern is formed.
07:16And to trade in this, we can enter a long side trade at the closing price of the confirmation candle.
07:23And we will place our stop losses below the low of the inverted hammer candle.
07:27Our fourth candlestick pattern is called the shooting star pattern.
07:31Friends, this pattern also looks exactly like an inverted hammer candlestick pattern.
07:37The only difference here is that where an inverted hammer candlestick pattern is formed after a downtrend,
07:43a shooting star pattern is formed at the top levels of the market after a strong uptrend.
07:49So friends, to form a shooting star pattern, it is necessary to fulfill these four conditions.
07:54The first condition is that to form a shooting star pattern,
07:57it is necessary for the share prices to be in the uptrend.
08:00That is, before forming a shooting star pattern, the share prices should be increasing.
08:05Whereas in the case of the inverted hammer candle, this condition was completely opposite.
08:09Our second condition is that in a shooting star pattern,
08:12the upper wick should be very long and the lower wick should be either not at all or should be very small.
08:19Just like an inverted hammer candle pattern.
08:22The third condition is that the body color of a shooting star pattern should be either red or green.
08:27This does not make a difference.
08:28But because a shooting star gives a selling signal,
08:31that is, there is a bearish reversal pattern,
08:33so if a red-colored shooting star pattern is formed, it will be more valid.
08:38And the fourth and final condition is that after the shooting star pattern is formed,
08:42the next candlestick pattern should be a red bearish candlestick pattern
08:46which gives a successful closing below the low of the shooting star candle or below its close.
08:52So friends, after completing these four conditions, our shooting star pattern is complete.
08:57That means we can enter the short side trade here.
09:01After forming a shooting star candle, we will enter our trade at the closing price of the next confirmation candlestick
09:07and we will place our stop losses above the high of the shooting star candle.
09:12Now friends, our fifth candlestick pattern is called the Bullish Engulfing Pattern.
09:17And from its name, you will know that it is a bullish reversal pattern.
09:21That means after completing this pattern, we can see a sharp increase in the share prices.
09:27So friends, in this pattern, the share prices were in a downtrend earlier,
09:31but then a big green bullish candlestick is formed,
09:34which completely covers the previous red bearish candlestick.
09:38That means it completely engulfs it.
09:41So to form this candlestick, first the share prices open a little below,
09:45then they make a new high and give a closing above the previous red candle.
09:50And in the same way, it completely engulfs the previous candle.
09:54So if you want to take a trade in a bullish engulfing pattern,
09:57then after forming a bullish engulfing candle,
10:00you can enter the buying side trade at the closing price of the next bullish confirmation candlestick
10:06and you can place your stop losses below the entry candle low or below the engulfing candle low.
10:12And finally, our sixth candlestick pattern is called the Bearish Engulfing Pattern.
10:17And this pattern is exactly the opposite of a bullish engulfing pattern.
10:21And in these share prices, after an uptrend, you can see the market forming at the top.
10:26That means after forming this pattern, the share prices were in an uptrend earlier,
10:31but now they can go into a downtrend.
10:33So to form this pattern, first, as I told you, the share prices should be in an uptrend.
10:38Then the next candlestick should open a little above the previous candlestick
10:42and then make a new low and close.
10:45And it completely engulfs the previous bullish candlestick.
10:49So if you want to trade in this pattern,
10:51then after forming a bearish engulfing candlestick,
10:54you can enter the short side trade at the closing price of the next confirmation candlestick
11:00and place the stop losses at the high of the engulfing candlestick.
11:04So friends, these were the six candlestick patterns
11:07with which you can find out when the share prices will go up or down.
11:12Apart from this, there are many other important candlestick patterns like
11:16Piercing Line Pattern, Dark Cloud Cover, Bullish Harami, Bearish Harami,
11:21Morning Star, Evening Star, Bullish Kicker, Bearish Kicker,
11:25Gravestone Doji, Dragonfly Doji, Long Legged Doji, Doji Star.
11:30So all the patterns related to Doji in these patterns,
11:33I have already covered this topic in detail in my recent video.
11:39So if you want, you can go and watch this video,
11:41which will completely remove all the confusion related to your Doji candlestick.
11:46And apart from this, if you want a detailed video on the rest of the candlestick patterns,
11:51then tell us by commenting.
11:53We target at least 1000 likes and 100 comments here.
11:58So if we get 100 comments here,
12:00then I will definitely cover the rest of the important patterns in this part 2.
12:05And if you have not opened your Demat account yet,
12:08then you can open your free Demat account with money from the link given in the description.
12:13And you can start your journey of trading and investing in the stock market.
12:17I regularly post this kind of educational content free of cost on my Telegram channel.
12:22So you can also connect to my free Telegram channel from the link given in the description.
12:27That's all for this video.
12:28I will meet you in the next video.
12:30My name is Saurabh.
12:31You were watching InvestoNomics.
12:33Thank you very much for watching.