Basics of candlestick patterns and their trading strategy

Basics of candlestick patterns and their trading strategy

CANDLESTICK PATTERN BASIC Candlestick patterns ka matlab hai mombatti ki shaklain. Yeh stock market mein istemaal hota hai jahan investors aur traders candlestick charts ka istemaal kar ke price trends ko samajhte hain. Candlestick charts mein har candlestick ek din ya ek haftay ke price movement ko darsata hai. Har candlestick mein char points hote hain: open, close, high aur low. Open price candlestick ka shuru ke price ko darsata hai, jabki close price uske khatam hone ke price ko darsata hai. High price candlestick ki oonchi price ko darsata hai aur low price uski neechi price ko darsata hai. Candlestick patterns kisi khas tarah ke price movements ko darsate hain. Yeh patterns bullish (market mein price badh rahi hai) ya bearish (market mein price ghat rahi hai) ho sakte hain. Jaise ki, agar ek candlestick ka close price open price se ooncha hai aur uski body lambi hai, toh woh bullish pattern hai. Agar ek candlestick ka close price open price se kam hai aur uski body lambi hai, toh woh bearish pattern hai. TRADING STRATEGY Candlestick pattern trading. Candlestick patterns trading ka ek important hissa hai. Yeh chart analysis ka ek method hai jismein traders kaam karte hain. Agar aap candlestick patterns ki sahi tarah se samajh jaate hain to aap market ki movements ko predict kar sakte hain. Yahan kuch common candlestick patterns ke baare mein bataya gaya hai aur unke saath trading strategies ko explain kiya gaya hai: Bullish engulfing pattern: Yeh pattern bullish trend ki indication hai. Ismein do candles hote hain, pehli candle bearish hoti hai aur dusri candle bullish hoti hai aur pehli candle ko engulf kar leti hai. Agar aapke paas bullish engulfing pattern hai to aap long position le sakte hain. Bearish engulfing pattern: Yeh pattern bearish trend ki indication hai. Ismein bhi do candles hote hain, pehli candle bullish hoti hai aur dusri candle bearish hoti hai aur pehli candle ko engulf kar leti hai. Agar aapke paas bearish engulfing pattern hai to aap short position le sakte hain. Doji pattern: Doji pattern mein ek single candle hoti hai jismein open price aur close price equal hote hain. Iska matlab hai ki market ka direction uncertain hai. Agar doji pattern market ke trend ke opposite direction mein form hua hai to aapko caution rakhna chahiye. Hammer pattern: Hammer pattern bearish trend ke reversal ki indication hai. Ismein ek single candle hoti hai jismein price niche jaata hai aur phir wapas upar aa jaata hai. Agar aapke paas hammer pattern hai to aap long position le sakte hain. Shooting star pattern: Shooting star pattern bullish trend ke reversal ki indication hai. Ismein ek single candle hoti hai jismein price upar jaata hai aur phir wapas niche aa jaata hai. Agar aapke paas shooting star pattern hai to aap short position le sakte hain. Advice for traders In sabhi candlestick patterns ke saath trading karne se pehle, aapko apne risk management ka plan rakhna chahiye aur market ke saath caution ke saath kaam karna chahiye. Traders aur investors candlestick patterns ko samajh kar market ka trend samajhte hain aur trading decisions lete hain.