Candlestick patterns are a critical tool in technical analysis, offering valuable insights into the psychology of the market and allowing traders to make better decisions.
The bearish engulfing pattern is a technical chart pattern that can help identify reversals in an uptrend. It consists of two candles: a smaller bullish candle followed by a larger bearish candle ...
One97 Communications Ltd (Paytm) has secured support above its 200-day moving average, suggesting a potential trend reversal.
This is a variation of the bullish harami pattern where the second candlestick is a doji, signifying very little difference, if any, between the open and close. Unlike the bullish engulfing pattern, ...
PI has dropped 23% in the last seven days, failing to record a daily green candlestick since last Thursday. The coin has ...
Bitcoin price bounces back above $81k teasing a potential recovery run to a local resistance trendline near $$87k.
Abandoned Baby Bottom is a bullish reversal pattern, which is composed of a doji star, gaping away (including its shadow) from the previous and following candles. Bullish Harami Cross is a bullish ...
The benchmark indices are likely to be rangebound in the upcoming sessions. Below are some trading ideas for the near term.
Choice Brokings executive director Sumeet Bagadia suggested buying two stocks after the Niftys daily RSI hit 40, indicating a ...
Before starting with forex, you need to find a platform that suits you. Here's a list of key features and tips for traders.
Chambal Fertilizers stock has rebounded from a key support level while forming a bullish engulfing candlestick pattern. The stock is on the verge of a range breakout, established in late June ...