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Share Market Strategy

The document discusses various candlestick patterns used in technical analysis for trading, including Hammer, Hanging Man, Bullish/Bearish Engulfing, Morning Star/Evening Star, and Bullish/Bearish Harami patterns. It provides illustrations and explanations of how to interpret these patterns within an uptrend or downtrend to identify signals for buying, selling, or using stop losses.

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nand kumar
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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0% found this document useful (0 votes)
3K views1 page

Share Market Strategy

The document discusses various candlestick patterns used in technical analysis for trading, including Hammer, Hanging Man, Bullish/Bearish Engulfing, Morning Star/Evening Star, and Bullish/Bearish Harami patterns. It provides illustrations and explanations of how to interpret these patterns within an uptrend or downtrend to identify signals for buying, selling, or using stop losses.

Uploaded by

nand kumar
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
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stop loss

buy buy

do
close

do
CLOSE

open stop loss covers 50%


buy

w
of RED Candle

nt

nt
re

re
open

nd
short

nd
close
sell
do

d
w

n d
nt

re n short
pt re
re

stop loss stop loss t


nd

u p sell stop loss


u
MORNING Star
HAMMER HANGING MAN Bullish Engulfing Bearish Engulfing First Candle Bearish RED, Gap btn
First Candle - Smaller Bearish First Candle - Smaller Bullish 1st & 2nd Candle Bullish or Bearish
look HAMMER at DOWNTREND look HANGING MAN at UPTREND Third Candle Bullish GREEN Close
Second Candle - Larger Bullish Second Candle - Larger Bearish
above 50% of 1st Candle

stop loss stop loss stop loss

do
do

w
w

buy

nt
nt

buy

re
re

nd
nd

CLOSE short
short covers 50%
short of GREEN Candle sell
sell d
d nd sell n
r en r e tre
stop loss pt stop loss
u pt up
u
EVENING Star
Bullish Peircing Bearish Piercing Bullish HARAMI Bearish HARAMI First Candle Bullish GREEN, Gap btn
1st & 2nd Candle Bullish or Bearish
Second Candle open below RED Second Candle open above GREEN First Candle - Long Bearish RED First Candle-Long Bullish GREEN Third Candle Bearish RED Close
close more than 50% of RED close more than 50% of GREEN Second - Small Bullish GREEN lies within RED Second-Small Bearish RED lies within GREEN above 50% of 1st Candle

stop loss
stop loss
do

T2
T1 short
w

buy buy sell T1 T2


nt

B1
B2
re

stop loss
nd

short 2 TOP - 2T
2 BOTTOM - 2B
stop loss n d sell
B2 is LESS than B1 in
T2 is MORE than T1 in
Hourly or Daily Chart

r e Hourly or Daily Chart

p t
u T1 stop loss

Bearish DOJI
buy T2

Bullish DOJI B2 short

BATMAN
sell
stop loss
First Candle - Open and close at First Candle - Open and close at B1

same level or very close, color of same level or very close, color of Price goes down
BULLISH 1-2-3 BEARISH 1-2-3
candle not make any difference candle not make any difference T2 is LESS than T1 in
B2 is MORE than B1 in
Second - Bullish GREEN then BUY Second - Bearish RED then Short Sell Hourly or Daily Chart Hourly or Daily Chart

prakash patel, aurangabad

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