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Things To Remember Before Enter in Stock Market
Things To Remember Before Enter in Stock Market
Market
Terms Used
Long – buy
Short – Sell
Bulls – buyers
Bears – Sellers
Bullish – Market up (Uptrend)
Bearish – Market Down (Downtrend)
Risk to Reward Ratio: eg 1:3
Candlestick
Red Candle – Bearish Candlestick (Price open at high and
closed up to low)
Green candle – Bullish Candlestick ( Price open at lower
and closed up to high)
Bullish Candlestick
Bearish Candlestick
In Downtrend Situation – when you get signal that
downward trend is weak --- if happens at support level
---- wait for reversal candlestick. ---Your Entry point.
In Uptrend Situation – when you get signal that up
trend is weak --- if happens at resistance level ---- wait
for reversal candlestick. ---Your Entry point.
Types of Trends
Uptrend
- Price Make Higher High (HH) and Higher Low (HL)
Downtrend
- Price make Lower High (LH) and Lower Low. (LL)
1.
2.
Price Channel
For eg. …
Ascending Triangle
- Bullish Pattern
- Bullish Pattern
- Opposite of Head and Shoulder Pattern
Practice Work 3:
Find 5 Head and Shoulder Pattern and 5 Inverted Head
and Shoulder Pattern
Mention Entry, Stop Loss, Target Point.
Double Bottom Chart Pattern
How to Trade:
- After Breakout
- Sell on Peak 2 (when u get confirmation)
- Wait for retest the broken neckline.
Target :- Same as Previous.
Triple Bottom
Triple Top
- Bearish Chart Pattern
How to Trade and Profit Booking is Same as Previous.
Practice Work 4:
- Find 5 patterns of double top and double bottom.
- Find 1 patterns of triple top and triple bottom.
Spinning Top
Practice Work 7