CHART LEARN
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Disclaimer: I am not a SEBI Registered analyst. Charts are made only for study purpose and paper trading !!! Happy learning. @Surajgond_0305
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1 472
Freinds participate in the poll. As it helps me to understand about you and will do the things accordingly..
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VERY IMPORTANT , READ IT 1000 TIMES
Q - Why Charts are necessary for Trading ?
A - We the retail traders are just like football in the Share Market and played by HNI Clients.
Now the question is how they play with us and the answer is today scenario.
The ups and down in the price of share results in formation of different types of candles and combination of candles over a period in the form of consolidation results in pattern creation.
So note that candles and patterns are created by HNI CLIENTS by playing with Retail Traders.
So if a trader learn how to read the Candles and Patterns (Language/Coding) created by HNI CLIENTS , then don't you think he understand What is he and What he has to do..
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One can Beautifully Compare both the charts and understand what is the stage of second chart if compared it to first one.
If someone taken position in GUJALKALI and in fear of loss. So just look at the position of trader now and how much upmove is pending...
Note : If you try to see the pattern below the flat line it almost same, so its a wait & watch case.
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Sudden fall in Market.
What is our role in this situation , keep position on till Stop loss not hit.
Imagine what is the situation of Option players ❌ today they are vanished in this fall.
Atleast a Positional Trader know where to close the Trade.
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From ₹ 328 to ₹ 465 till now.
That's why I love positional Trade.
&
Yes it gives better returns then Short trades.
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Question : Why are you giving gap between the each candle stick?
Answer : So that each one of you get sufficient time to study the candle and understand it better with your homework.
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Question : Where to see the charts and what to do there ?
Answer : You have to go in chartink site and try to see chart of any company what you have explained here.
🙏🙏
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DOJI CANDLES STICK PATTERN
What we have understand here :
1. Its not a candle on basis of which we take a trade.
2. A supporting candle.
3. A alarming candle which gives hint that trend may change.
4. A reversal candle.
5. Its created when market( Buyer & Sellers) unable to decide what could be next trend.
Its a fight between Buyers & Sellers that's why candle is form where it is open & close is same.
So with above points we are closing the Doji Candles.
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The Reality which retailers are not ready to understand even after clear cut explanation given by the experts.
So please stay away from Future & Options.🙏
