Six chapters covering the full technical toolkit — how prices are drawn, how trends form, what volume tells you, the classic chart patterns, candlestick reversal signals, and the indicator toolkit organised by what each measures and whether it fires ahead of price or after.
Line, Bar, Candlestick — the three ways to display price
How the same price series is presented in three different visual forms — and why candlesticks became the standard for discretionary trading.
The direction price is moving — up, down, or sideways
Higher-highs / higher-lows structure, drawing trendlines, using channels, and how broken support flips to resistance (role reversal).
The fuel behind price moves
How to read volume as confirmation or divergence, spot institutional accumulation, and identify the exhaustion of a trend from volume alone.
Repeatable shapes that mark reversals and continuations
Head & shoulders, double / triple tops and bottoms, triangles (symmetrical, ascending, descending), flags, pennants, and wedges — with the neckline / measured-move rules that give each pattern its target.
Single-bar and two-bar reversal signals
The most-used Japanese candlestick reversal patterns — hammer, shooting star, inverted hammer, hanging man, engulfing, piercing / dark cloud cover, and doji — plus the context that makes each one meaningful.
Trend, Momentum, Volatility, Volume — Leading vs Lag
The indicator toolkit organised by what each measures and whether it fires ahead of price (leading) or confirms after (lagging). Each indicator has its own page with formula, interpretation, an interactive Nifty chart, and the strategies on this site that use it.
Each indicator has its own page with the formula, when it works, when it doesn't, an interactive Nifty chart showing it, and a link to every strategy on this site that uses it.
Arithmetic average of the last N closes. The most basic trend line; smooths noise at the cost of responsiveness.
Weighted moving average that gives more weight to recent bars. Reacts faster than SMA to new information.
Difference between a fast EMA and a slow EMA, with a signal-line EMA of that difference. Combines trend and momentum in one indicator.
A complete framework in one indicator: cloud (Kumo) for trend regime, Tenkan/Kijun for signals, Chikou for confirmation.
ATR-based trailing bands that flip colour with the trend. Green line below price = uptrend; red line above price = downtrend.
Dots plotted above or below price that accelerate toward it as a trend persists. When price crosses the dots, the trend has flipped.
Measures trend STRENGTH regardless of direction; +DI and −DI report direction. ADX above 25 = trending; below 20 = ranging.
Ratio of average up-closes to average down-closes over N bars, normalised 0–100. > 70 = overbought, < 30 = oversold.
Where today's close sits within the last N-bar range. %K is raw, %D is a smoothed line. 80/20 are the classic overbought/oversold levels.
Same idea as Stochastic %K but inverted: scale runs from 0 (top) to −100 (bottom). Above −20 = overbought, below −80 = oversold.
A 20-period SMA plus/minus 2 standard deviations. Bands widen with volatility, contract in quiet markets.
Average of the true range (largest of today's H-L, |H − prev C|, |L − prev C|) over N bars. Pure volatility measure — no direction.
Upper channel = highest high of last N bars; lower = lowest low; middle = midpoint. Turtle-trader breakout system.
Total number of shares/contracts traded per bar. The raw measure of participation behind every price move.
Cumulative price × volume divided by cumulative volume. The "average price everyone paid today" — the institutional benchmark.
Support/resistance lines computed from the previous day's High, Low, Close. The Central Pivot Range (CPR) adds TC and BC for a "value zone".
Horizontal levels at 23.6% / 38.2% / 50% / 61.8% / 78.6% drawn between a swing low and swing high (or vice-versa).