Technical Analysis

Candlestick charts are a very useful tool for analyzing trader’s psychology and undercurrents in price momentum. Every aspect of a candlestick plays a role, may it be the color of the body, the length of the wick/tail, and size of...

Key Takeaways: RSI indicator (Relative Strength Index) is a technical analysis indicator used to measure the change in price momentum. Above 70 the stock is considered to be overbought and below 30, the stock is considered to be oversold. RSI...

Dow Theory defines the rhythm of the market, he who has the eye to see it, and the mind to understand can also learn to play it successfully. Charles Dow(1851-1902) was the father of Technical Analysis and the discoverer of...

PRINCIPLE OF POLARITY The Principle of Polarity states that once a Resistance (Support) level is breached, it changes its nature and becomes Support (Resistance) the next time it is approached. This happens due to change in Demand and Supply. Also...

“Not to have control over the senses is like sailing in a rudderless ship, bound to break to pieces on coming in contact with the very first rock.” Mahatma Gandhi Trading rules form an important component of the basics of...

Fibonacci retracement is a widely used technical analysis tool that helps traders identify potential support and resistance levels based on mathematical ratios. Rooted in market psychology, it improves trade timing, risk management, and decision-making. However, the Fibonacci series works best...

The world of Technical Analysis has always been filled with fancy terms and tools. With new indicators being developed every day, you often tend to forget the classic tools which actually formed the origin of Technical Analysis. One such tool...

If you have been studying and practicing technical analysis for a while now, or you are a trader, you must have heard or seen the name of WD Gann and his theory for trading. Even your list of indicators will...

The Gravestone Doji is a candlestick pattern that shows the opening and closing of the candle at the low of the day and is quite bearish. It is typically seen at the end of an advance where the upper shadow...

Key Takeaways Basics of Japanese Candlesticks: Understand how open, high, low, and close prices form each candle for any timeframe. History & Origin: Learn how Munehisa Homma developed candlestick charting in 1700s Japan to predict prices. Types & Structure: Know...

Spinning Top & Doji candlestick patterns highlight moments of market indecision, where buyers and sellers are evenly matched. These patterns often appear before important price moves. While they don’t signal direction on their own, combining them with volume, indicators, and...

Key Takeaways: Marubozu is a single candlestick with no wicks or shadows, showing strong momentum in one direction A Bullish Marubozu opens at the low and closes at the high, signaling aggressive buying throughout the session A Bearish Marubozu opens...