Non Traditional Technical Analysiss.pptx

Technical Analysis and Patterns (with Indian Stock Market Examples)

1. NON TRADITIONAL TECHNICAL ANALYSIS WORKSHOP

2. Different Candle Stick Patterns Marubozu Hammer Inverted Hammer Spinning Top Shooting Star Morning Star Evening Star Bullish Engulfing Bearish Engulfing Doji Three White Soldiers Three Black Crows Piercing Lines PATEL BROTHERS

3. Marubozu Meaning : Dominance Body : Long, almost no shadows Type : Any Bullish or Bearish Interpretation : Reversal or Continuation Of Trend PATEL BROTHERS

4. Hammer/ Hanging man Meaning : Indecisive Body : Small, Small Upper Shadow & Long Lower Shadow Type : Any Bullish or Bearish Interpretation : Reversal or Continuation Of Trend If occurs during downtrend calls Hammer If occurs during uptrend calls Hanging Man PATEL BROTHERS

5. Inverted Hammer Meaning : Indecisive Body : Small, Long Upper Shadow & Small lower shadow Type : Any Bullish or Bearish Interpretation : Reversal or Continuation Of Trend PATEL BROTHERS

6. Spinning Top Meaning : Indecisive Body : Small , Equal Upper & Lower Shadow Type : Any Bullish or Bearish Interpretation : Reversal or Continuation Of Trend PATEL BROTHERS

7. Shooting Star Meaning : Bearish Body : Short, Small lower Shadow & Long Upper Shadow Type : Any Bullish/Bearish Interpretation : Top is in place and reversal of uptrend PATEL BROTHERS

8. Morning Star Meaning : Bullish Reversal Three Day Pattern Interpretation : Reversal Of Downtrend PATEL BROTHERS

9. Evening Star Meaning : Bearish Three Candle Pattern Interpretation : Reversal Of Up Trend PATEL BROTHERS

10. Bullish Engulfing Meaning : Bullish Reversal Two Candle Stick Pattern Interpretation : Reversal Of Down Trend PATEL BROTHERS

11. Bearish Engulfing Meaning : Bearish Reversal Two Candle Stick Pattern Interpretation : Reversal Of Up Trend PATEL BROTHERS

12. Doji Meaning : Indecisive Body : Almost no body, long up and down shadows Type : Any Bullish or Bearish Interpretation : Reversal or Continuation Of Trend PATEL BROTHERS

13. Three White Soldiers Meaning : Dominance Three Candle Stick Pattern Interpretation : Powerful Bullish Trend Indication PATEL BROTHERS

14. Three Black Crows Meaning : Dominance Three Candle Stick Pattern Interpretation : Powerful Bearish Trend Indication PATEL BROTHERS

15. Piercing Lines Meaning : Bullish reversal Two Candle Stick Pattern Interpretation : Reversal Of Down Trend PATEL BROTHERS

16. Dark Cloud Cover Meaning : Bearish Two Candlestick Patter Interpretation : Reversal Of Up Trend PATEL BROTHERS

17. Positional Setups PATEL BROTHERS

18. Postional Trading Setups 80-20 Reversal Setup Fake Paradise Pluse One Narrow Range + Inside Bar Breakout Setup PATEL BROTHERS

19. 80-20 Reversal Setup Pre-requisites For 80-20 Setup For Index Previous day Body should be > 0.5% For Stocks Previous Day Body Should be > 1% PATEL BROTHERS

20. Rules For Buy Previous Day Open should be in upper 20% of Previous Day Range Previous Day Close Should be in lower 20% of Previous Day Range (below 80% of Previous Day Range) On Current Day PDL (Previous Day Low) should have been broken in 1st hour of Trading Day How to Trade? Place Buy Stoploss order few tick above PDC (Previous Day Close) only after one hour candle close Stoploss : Current Day Low Target : 1:2 RR+ PATEL BROTHERS

21. Rules For Sell Previous Day Open should be in lower 20% of Previous Day Range Previous Day Close Should be in upper 20% of Previous Day Range (above 80% of Previous Day Range) On Current Day PDH (Previous Day High) should have been broken in 1st hour of Trading Day How to Trade? Place Sell Stoploss order few tick above PDC (Previous Day Close) only after one hour candle close Stoploss : Current Day High Target : 1:2 RR+ PATEL BROTHERS

22. FAKE PARADISE PLUS ONE The market makes a new 20-day low PATEL BROTHERS The close of the new low (day one) must be at or below the previous 20-bar low The previous 20-bar low must have been made at least three sessions earlier Place an entry buy stop on the next day (day two) at the earlier 20 day low If you are not filled on day two, the trade is cancelled Place a protective sell stop one tick under the lower of the day-one low or the day-two low Take partial profits within two to six bars and trail a stop on the balance of your position

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31. Narrow Range + Inside Bar Breakout Carry position only if it closes in profit Instrument should close inside yesterdays range It should have narrowest range in last 4 days Next day place buy and sell order above high/low of NR+IB candle If buy triggers then place double qty sl order on the low of yesterday If sell triggers then place double qty sl order on the high of yesterday Trail as soon as the position becomes profitable PATEL BROTHERS

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38. Questions? Patel Brothers