Technical Analysis for Beginners in Stock Market | Share Market Techniques

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Pushkar Raj Thakur: Stock Market Educator 📈
In this video you will learn about #TechnicalAnalysis in #StockMarket, how to identify the trends, h...
Video Transcript:
Well, you all know that there are two ways to earn money from the stock market. The first way is investing. When we invest, it means that we think about the long term. We think that today we are taking a stock and it will increase in the future and will give us regular dividends. And what is the second way? The second is trading. Now, the meaning of trading is also known to all of you that sell and buy. And there are many types of trades in trading. There is intraday, option trading, swing trading. So, what we
are going to talk today, we are not going to talk about investing because we have already talked a lot about investing. I told you that in this financial education series, I will also give you training on trading. Now, when it comes to trading, when we invest in the long term, then technical analysis does not work that much. It means that when you are looking at the long term, if you want to invest in any share, then you look at its fundamentals. You see how is the management of the company, how is the revenue coming to
the company. You look at the balance sheet of the company and there are many other things. We have made a video on Fundamental Analysis. So, what we are going to talk about today is that when it comes to trading. Now, trading means that you are seeing in the short span that I earn profit from the stock market and fundamentals do not work there. How is the management of the company? How much cash does the company have? How many liabilities are there on the company? How many assets are there? It does not make any difference. What
is the P-B ratio of the company? What is the P-E ratio of the company? It does not make any difference. What makes a difference? What makes a difference? You will learn this today. Now, for trading, you should have technical analysis, but I will give you a disclaimer. Now listen carefully, you want to earn money very quickly from the stock market, but this does not happen generally. It is not possible because when you want to earn money quickly, you start gambling. If you do trading without learning it, then doing it without learning is 100% gambling. You
are trusting only on luck. Your brother thinks that the share will increase and invest money in it or invest money in this option because you think so. Now, there is nothing like this in the stock market. Maybe sometimes your luck will work, but not every time. And every time if you see here, it is a matter of probability. Even if you learn technical analysis, which we will try today. See, my purpose is that I teach you anything in such a simple language that if a child is studying in a 6th standard, he will also understand.
So technical analysis scares people. People start getting crazy. People start having headaches when it comes to technical analysis, but today I am telling you that when you watch this video, you yourself will learn. I am telling you that you will learn. You will start predicting what kind of movement is going to come in the market and I will teach you in such simple words as I told you that if a 6th class child is also watching this video, then he will also tell that now the price will go up or down, but still a lot
to learn. After this video, you will feel that yes, I have become an expert, but still I am giving you a disclaimer Before starting this video, if you are new in the share market, then if you are going to do trading without knowledge, it will be gambling and if you take knowledge of 1 day to 2 days or 1 month, then it will not work. You have to have a little bit of experience and when does that experience come? When you give time in it. If you are thinking that I should not give time, I
should not learn and suddenly come and earn lakhs of crores not possible. Let me tell you this, it is impossible. Investing is a very long-term game. It will take 5 years, 10 years, 15 years to show your power to compounding and in trading, where we see, you must have seen a lot, there are Reels on Instagram, people put short videos that we have made a profit of 15 lakhs in a day, we have made a profit of 50 lakhs, you must be getting crazy that how are you doing it. See the thing is that they
are doing it with trading and it is possible with trading. It is possible. Today you will see about it, you will understand. We will also show you live. You are going to see live that whatever you will learn now, how can you predict what will be the movement in the market, but still let me tell you this that if you are new, then do not invest a lot of money suddenly. First do paper trade. Many people say don't do paper trading. I say do it. First do paper trading. Don't do it with money. You keep
writing on paper what is going on and what is not going on. You think if that stock will increase, you think money will come on that option. You assume that you buy an option for yourself on paper and see that the market is going on. But yes, when you start investing, you get stupid. If you get stupid by eating almonds or watching such videos, then everyone becomes a millionaire. You will get stupid, but still learn from people's experiences. So I gave you this disclaimer. Now let's move forward. Now we will start the technical analysis step
by step. My job is to simplify it, so I will try to take you step by step and you will understand everything. I am assuming that you want to start from the very basics, so let's start. See, now we have talked that if we are paying attention to trading, then it does not matter what is going to happen in the long term. Definitely, you are going to do analysis on a lot of things, but now the biggest thing in technicals is the trend. Which trend is going on in the stock market, this is the biggest
thing. You have to understand that a trend is going on. If a trend is going on to go above the price, then the probability is that if you catch the car in the middle. Now I will take an example again. Now I will take an example again. If a train is going from Delhi to Pune, then if you get on it in the middle, let's say you are sitting in this train from Gwalior, then you will get off at Pune because it is going in that direction. A trend is in one direction. Similarly, if a
train is going from Delhi to Chandigarh, then if you are getting on that train, then you will get off at Chandigarh and if a train is stopped on the track, it is not going anywhere, then you will not go anywhere. Now I have given you an example, now you have to understand what I have said. What are these trends? Look, there are three types of trends in the stock market. The number one trend is uptrend. Now you understand that I have drawn uptrend there. What does uptrend mean? That in the market, you see, if the
graph is going up in this way, then what happened? Uptrend has happened. Your market is going up. It is going towards the uptrend. Similarly, what is the second trend? The second trend here is our downtrend. Now when we talk about the downtrend, you say downtrend, say downward trend, it is the same thing. Now what happened to the downtrend? The price is going down. What happened to this? This is the downtrend. Similarly, there is another trend that we call sideways trend. What does sideways trend mean? That neither the price is going up nor down, it is
moving in a zone. Suppose this is the zone. Now I am writing to you. I know that you will not understand at once. I will explain to you. Suppose this is the resistance, this is the support. Now what happens, I will tell you and the price is going like this. This means that it is neither increasing too much nor is it going down. It is moving in its zone. This is called a sideways trend. Now if you do option trading, then there is a loss in sideways trend. Why is there a loss? Because the price
is neither going up nor down, then there is a theta decay. The value of your option is reduced. I gave you an example. If you remember, you may have seen the video on option trading. If you have not seen it, then I will give you the link on the I button. You can watch it. So I told you in that. Suppose you go to buy an iPhone. There is a week's time and you tell the shopkeeper that the phone that will come after a week, you give it to me. Whatever the price will be at
that time, I will not buy it. I will buy it according to today's price. So you paid him a premium of 1000. But if you go a week's time one day before, then what will he say to you, brother, you give me 100 rupees. Because the probability of you knowing the price increases. Now what I said, to understand this, you will have to watch this video and that video, then you will understand. What is this theta decay? When you trade with experience, you will understand. Now what I said, I understood up to here. Now in
this, there is something to understand. When you look at a trend, you look at an uptrend, it is going up. So what do we call it, understand it. This uptrend is going up. We call it higher high. If you see, it has become small. It has become a mountain. It is called higher high. When it comes down, it is low. But whose low is it? It is the low of the higher side. So we call it higher low. I am explaining a few technical words and I am trying to make it very easy for you
to understand. What happened to this? It became higher high. This became higher low. Higher high, higher low, higher high, higher low, and this is higher high. Did you understand? Similarly, when you were talking about the downtrend, then here it is coming down. It is coming down, so it became lower low. But this is high, so what will we call it? We will call it lower high. What will we call it? Lower low, lower high, lower low, lower high. Did you understand this much? Very nice. And what is here? The price went up and down here.
It is giving a stable movement. So we call it a sideways trend. It is important to catch the trend. I am telling you now that you are going to watch live. If you identify very quickly that this is a downtrend you have identified it, then we said that if the market is going down, then in option trading, if you put money on the put option, then you can earn money because you have identified the trend that it is going down. So it is very important to identify the trend. Did you understand? Very nice. You are
understanding very quickly, I know. Now let's understand about candlestick pattern. Now when you see in the share market, if you see any graph, you see something like this. You see candlesticks here. Now when you see candlesticks, you do not understand what it is. Now look carefully here, I will try to explain to you in a very easy language. Now there are patterns too, but first understand what a candlestick is. The middle structure in which you are seeing a stick, we call it a body. This middle structure we call it a body. This is our body
and what you are seeing, the stick that is coming out here, we call it a wick. Whether it is a green-colored candle or a red-colored candle, you understand that we call the middle one a body and the lines coming up and down, we call them a wick. Now why do we call it a wick and what is this thing? Look, the green-colored candle shows that the price is going up. This is a bullish candlestick and the red is bearish. Bearish means down and bull means up. Now you see this body, what does it mean? We
want to tell you that where did our price open and where did it close? Our price opened from here and before the price closes, the candlestick you see, these are different time frames of sticks. You will see a different candlestick pattern for 1 minute. You will see a different stick of 5 minutes. What does this mean? When you go to the graph, when you are looking for all the time frames of 5 minutes, then this means that one stick is showing that what movement has come in the market in 1 minute. What movement has come
in the market in 5 minutes? What movement has come in the market in 15 minutes? What movement has come in the moment has come. So it represents the whole candlestick of a day. What does it mean? What you are seeing here means that the price has gone up. It opened from here and closed here, but before it closed, it has hit high up to here. So this is your wick. Are you getting it? And how much did it go down? It went down to here. So this is your candlestick complete. Similarly, when it is bearish,
the price does not open from below. If it is red, it means that the price has gone down from above and if it is bullish, then it has gone up from below. So open will be from here and close will be there. It will be the opposite. Open will be from here and close will be here. But how much did it go up? It went high up to here and low went up to here. Did you get it? If you understood this, well and good. You are going absolutely right. It was very important to understand
these things up to here. Now there are also patterns of these. We will discuss them in the coming videos. It is not necessary to know everything now, otherwise it will be a headache in the future. We have understood this much, let's move on. Now we have to understand one more thing. Now look at this. I am giving you theoretical knowledge first. After this, straight away, we are going to see live when the market is running, that what we have learned, is it working? Now let's understand this. This is very important, which you call resistance and
support. Now what is this resistance and support? If you have mastered resistance and support, then you can predict what is going to happen in the market now. And if you have predicted, now look, I am telling you, you can predict, but you don't have to do it. Understand what I am saying. You can predict, but you don't have to do it. What is to be done? There is a strategy called price action strategy. Now when you do technical analysis, all the analysts will tell you that there is no point in prediction. You have to take
action according to the price. Here in the share market, it is said that price never lies. There are many such traders who do not know what the company's business is. They do not even know how old the company is. They do not even know how the company's balance sheet is. They do not even know how many assets the company has and how many liabilities it has. They do not even know how the management is. They do not even know that a case is going on on the management of a person or on the director of
the company. He is in jail. They do not know. They say that we do not care about all this. When we are trading, we care about what is going on with the price because they say that the price never lies. If the price is going up, the company is performing well. If the price is going down, then the company is performing badly and we will react according to the price. As the price goes, we will put the same trade. Whatever you will hear from the trader, you will hear something like this that we will not
predict, we will react. As the price will go, as the market will move, as the trend will go, we will go according to the trend. We will place our indicators accordingly. We will see what is going to happen now. So this thing, now you are getting it. Trading is definitely very different from investing. So whatever you saw in investing, whatever you learned in trading, it is working in a completely different way. Now this resistance and support, I will explain it to you in a very simple language. Assume that I have a marker in my hand.
I will throw this marker. How much will it go up? You tell me how much it will go up. You will say that it will go up to the roof. The roof is standing, so even if I throw it fast, then the roof in a way, every action has equal and opposite reaction. You know Newton's third law of motion. Now if I throw it, then a push will come from above that will push it down. Now when it will push down and it will be falling, then how far will it fall? You will say that
it will fall to the floor. It will not go below the floor, so the floor will push it up. It is falling from above. So now this is resistance and support. If you see the movement in the market, this is your resistance and this is your support. Now you assume, I will tell you how resistance and support are used, but if the price of a stock is going up, then coming to the resistance, here resistance means stop. What does resistance mean? If you have studied science, we are stopping something, then it will stop here and
it can go down from here. It may come up again, then it will be thrown down from the resistance and sometimes it is thrown down from the resistance and it can come down this much. So what is resistance? What is this thing that is being thrown? I will tell you in a very simple language. And what is support? That the price is falling. You do not see that the price is falling like this. You understand that the price is falling like this. Now when it is falling, then there is support here. Now on support, what
does support mean? We will give support, we will not let it fall any more. So we push it up a little bit from here. So what you have understood from this, you have understood a lot, sir. If you have understood this, you have understood a lot. Now why am I telling you this? Now understand this. What is resistance? There are sellers here who want to book a profit. At every point of time, this is the price of any stock. Suppose there was ₹ 100 here, then there is ₹ 150 here and there is ₹ 80
here. So if someone has bought something for ₹ 80 and he wants to book a profit, then he is sitting here. And for resistance, I will draw a line and show you, but there is always a zone. Zone means that I am taking an example between 140 and 150. There are sellers sitting here to sell there. And if the sellers sell as soon as they come in the zone, then where will the price go? It will go down. But when the price is going down, suppose it comes in the zone of 90 to 80, then
who is sitting here? The buyers are sitting here to buy it. If the price goes below this, then we will buy it. So this support will provide the price and the price will go up. I hope you are understanding. In simpler words, you watch the whole YouTube. You go to anyone. I don't think in simpler words, anyone will be able to teach you support and resistance. I am trying my best that even the kids understand. The price is going up. Sellers are sitting to book a profit. Here you understand, there is bidding. So if someone
bought something and he sold it, there is demand and supply. As soon as the supply increases, the demand decreases and as soon as the demand decreases, the price will go down. As soon as it came here, people bought it here. The demand will increase and the price will increase. That's it. Very nice. You understand this much. Let's move forward. Now here I am telling you this final concept. After this, we will see live. Now what is the final concept? Look at this. Whenever you see the movement of a price, the price is going up, going
up, going up, going up, going up. Which trend happened? Tell me quickly. If the price is going up like this, then which trend happened? You will say, sir, this is an uptrend. Very nice. I wanted to hear from you. Now you will never see the market like this. How will you see the market? You will see the market like that you are price like this, then it will go up like this, then it will go sideways for a while, then it can come down, then it can go up. So this is the kind of market
you always see. Very nice. Now what we have to see in this, we always have to catch the trend. Here to catch the trend, at least you are seeing here, what is the point here, you saw that it is higher high, then what happened, it became higher low, and what happened, it became higher low. When you add these two lines, then what happens to go up, it is your trend. We also call it a trend line. Very good. It is very good to understand this much. And similarly, what happened here, this is your lower low
and this is your lower high. When we add two lower and higher, then you can predict that which trend is going, this is going down. According to the trend, if you are investing, then you are trading, then you have to guess one price. In fact, it is beneficial to predict, but we do not have to predict, we have to react, because it can change at any time. The trend is not that it will go on and on, but how it will be known, it will go on. Here your resistance and support, which you have understood,
it works. I am giving the final concept, I will teach live because the video is getting too long. I am also understanding the final concept. Alright, understand this. Now, one price is here, 100 rupees, I am giving an example of any option or any stock. Now this price is going up from here. And you saw that before this, when it was low, it was low. Now the price was falling like this and it came here and fell. And here it is the lowest. So when this low has come, then this low is your base. After
this, the price has reacted. You have to see if there was any time before this, where this stock or option had reacted at the same price. If you come a little behind, then you will see that there was another time when this price reacted around 100 or 110 rupees and it pushed up again. So this push up came at a price. That's why when you are seeing the intersection twice, you can consider it as support. I don't know how much you are understanding. You will understand if you see live. I am trying my best that
you understand. It is technical, but we understand. So this is your base. Here we know that at this price, buyers push the stock. Now when it goes up, as soon as it went up, it did not go up for a long time, but you are seeing that there is an intersection here. What is the intersection here? You saw that the price reacted here too. The price reacted here too. And before that, you can see that there was a point here too, where this price reacted. So you will consider it as resistance. This is your resistance
1 and this is your support level 1. Now in the same way, you see an old price from where the market went up and then came down. So your resistance is 2. Similarly, this is your resistance 3. Now I am not talking about the coming point. I was talking about the points behind. But now if we have to predict from here where the market is going to go, if any stock breaks its resistance, then it generally goes up and if it breaks its support, then it generally goes down. I hope you have understood so far.
Now I will not give you more theory than this today. Because if I give you more theory than this, the video will be very long and it will go over your head. Now what you have learned, let's see it live in the market that how it works. And if you believe, you must be thinking that sir, we have not learned much yet, but what you have learned, you have learned a lot. You have learned the basic theory. If you have understood so much that we were explaining so far, then the theory class you have taken
is done. Now let's see the practical of what you have learned. Time to apply what you have learned. Now you see here, I have opened Bank Nifty's graph in front of you and now you can see that the market has just started to move a little while ago. You can see here, it is 1 o'clock. I have put indicators here. I will remove the indicators because you will be confused. We will talk about them in the next video. So here is another indicator of moving averages. So what is the meaning of moving average, I will
tell you. Now you see here, when you are looking at it, analyze it a little while ago. So which movement do you see? Which trend is this? You can see that it is a sideways trend. It is neither too high nor too low. But if you are from here, from this point, I had made some trend lines here and according to that, our price also hit. Now what you can see here, suppose a movement has just started to come here. So if I say that the movement has started to come from here and a movement
has gone up to here. So now you see a trend. In the trend, you understood that it will go up, then it will go down, then it will go up, then it will go down, then it will go up. So which side is this indicating to you? If I take a trend line here, so if you draw a trend line from here, then you can see this trend line going up. But on the basis of this trend line, can you make a trade? The answer is no. What you should do, you will have to build
resistance and support level here. Now how will that happen, you understand it. If you see here, I have put multiple resistance and support levels here. I will remove them first. This was according to the trade I was doing. I will just show you. So here the market is going down. We have already taken support here. Here I will take another horizontal line, which everyone will understand. So suppose here, the price you are seeing, this was the top till now. Before this, the last higher that has come is here. So now this line that I have
taken, after that this is our resistance. I will tell you why I took it. Here I took another resistance. Now I will not talk about this, you just have to understand this. Now see this is coming down. The graph that is coming down in front of you. Why is this graph coming down? Because the draw is happening here. Now see, just like I said, there will be turbulence. Take a little turbulence, the market is pulling back. So it will also push up. Now how far can it go? If it goes down from the last down
here, then it is not necessary that the market is in upward trend now. If it does not close below this and from here, from somewhere in between, it starts rising again. So it could possibly be an upward trend. Now see here, we have just opened a one-minute chart. And this is basically for those people who are doing intraday or option trading. Because there is a difference of every minute. So where you see this candle, it shows the movement in the market in one minute. So according to us, if this price comes up to here again,
then only after this we will analyze whether we want to trade or not. Now why did I take this here? Because this is the low of a few minutes ago. Before that, we have made our support level. Because if you see for a long time, it did not meet this level. What is support? Support is the level where there are many buyers in the market who are ready to buy Bank Nifty at this price. So now we need movement in the market. We will not trade if you have just come to the market. And you
see that something is going on in this way. So have a little patience. Now keep patience here. See here, we are at one minute in front of you. So you may not be able to analyze much. So you can also see a three-minute chart. You can also see a 15-minute chart. What is actually happening in the market? So if you look at 15 minutes, then you can see a downward trend here. But because if you are doing option trading and every second matters, So what does a one-minute candle mean? It means where is the movement
going in a minute. Then where was the movement in a minute before that? So now we can possibly draw from here that there can be an upward trend from here. But how will we know? That the price should not go below the low that has come here. And then the support price that we have taken is support. It should not go below this at all. So if you assume a support here too. Suppose I draw a line here too. And let's say this is again a support price. And let's draw one here too. So if
this price goes below this and then this. Then it could not be possibly an upward trend. But now you can see exactly. Okay, there was a push-up from here, there was a pullback, there was a push-up, there was a pullback, there was a push-up, there was a pullback. There is a push-up from here again. So if we want to buy, when will we do it? Let it go up and then let it pull back again. If it comes here at some price again. So we can just assume that the market will go up from here.
So how will we know the resistance and support level? First of all, the resistance level that we have made should break it. The price should break the two resistance levels that we have made. And this is not just for Bank Nifty. It could be for any other stock. Let's say you come on Tata Motors. So we come on Tata Motors. And we'll just open this. And you see. The market is going down from here. So now what are these moving averages? I told you that I have taken the indicator of moving averages here. What does
moving average tell? The yellow line that you are seeing, if the price is above it. So it means that there was a movement of upward trend. Wherever it was above, you can see that the upward trend was going on. When it is going down, the downward trend is visible. If the price is at the bottom of the line, then the movement is not upward. Similarly, from here, now you have opened a 1-minute chart, we will come to this in 15 minutes. So now from here you can see in 15 minutes that you can see the
market going up. So don't just analyze with a 1-minute chart. It is not that by opening a 1-minute chart, the market is going down and will go down. You have to see different movements. What is going on on a 3-minute chart, what is going on on a 5-minute chart. And here we took a 15-minute chart. According to 15 minutes, where is the market going? But according to 15 minutes, the market you are seeing, this one candlestick of yours is showing 15 minutes. What happened in the market in 15 minutes? Now here you will see that
the one below is 25th May. Here we are on 28th May. So overall here the price of Tata Motors is going up. And the market is visible going up from here. From here again push up, pull back, push up, pull back, push up, pull back. And then when the market opened today, it opened with a gap. Okay, it meets its gap. After that, where will it go from here? You have to analyze multiple things. And for this, indicators also come. But if we talk about support and resistance. So now for this, what will be our
resistance level and support level? Resistance is definitely this. Here it has gone higher and higher. Here we can take a resistance level. And this last low was our support level. If this price breaks the support level and goes down. Then we will analyze for a little more time. And then we will see what is happening. Is this graph going down or up? Similarly, according to one day of 15 minutes, you can see where this graph is going. What is the trend now? Here you can see that the price was above our moving averages. This means
that upward movement was going on here. And the price here, if you were looking down, then downward movement was going on. Now here you can see upward again. So you can better analyze this with multiple charts. And we just cannot say what is going to happen now. You will have to see multiple things. Now let's come back to Bank Nifty. So let's see what was happening. So now what do you see here again? Is this upward trend movement visible? We again need a higher high. Now it has not yet broken the resistance. Look at the
resistance here. There is no break here yet. Until there is no break, we will not trade. We will trade when we see that it has broken. If it goes down again after the break. So here I will draw a trend line and show you. Suppose this price goes from here to here again. And after that you see that the price has come from here to here. So what can be your buying area? This could be your buying area. Because you are seeing the trend going up from here. Are you getting it? Similarly, if you analyze
it very quickly, then you can buy here too. But let's see what we have plotted now. Because it can bounce back from here in this way. It can also take a little time. So you have to wait for a while to see where the market is going. So now we have drawn a possible trend. If there is an upward trend, then the movement should go in that way. So let's see in a moment what is happening. And if you look at the resistance and support here very carefully. So here you see there are multiple prices.
1, 2, 3, 4, 5. These are similar prices from where the market has reacted. And it has not gone down. Once it has gone down here. Here it broke its support. But after that, the market has pushed up again. So this can also be our support level. So if you look at it, there are many people in the market who are supporting it. So here you can take a horizontal line. And you can draw a horizontal line here. So this could be possibly your support line here. And if you look at it this way, how
many times has it happened that the market went up and then came down. So here you can see this line. What we have drawn here, we have drawn the line of resistance. And we want this line of resistance to break. If it does not happen and the market keeps moving in the middle, then there will be no profit loss. Because your theta also decays. If you are trading options and you have bought an option. And the market just keeps moving in the middle, then you will have a loss. Why will there be a loss? Because
your theta has already decayed. That is, the value of the option you bought decreases with the time period. So you have to just analyze. Until there is not much volatility in the market, there are no movements. Till that time, it is not the right time to trade. So now we will learn more about it. Today we learned a little bit about moving averages. In the coming time, I will tell you about more indicators. Technical analysis is still a very big field. So there is a lot to learn. And we will learn that in the coming
videos. Till that time, you can see that the market is going up, how it is going. The trend line that we have made is going according to the trend line. If it is not going, the opposite can also happen. It is possible that the price from here reacts in this way. If our price reacts in this way, and suppose it breaks its support here. So a downward trend can also start from here. So if you are trading, you will have to see both the things. Where is the market going? But I said, as long as
it is between support and resistance. You can also put multiple support and resistance here. R1, R2, R3 for support S1, S2, S3. But you see, the price is going up a little bit. And till now, what is going on is going towards the upward trend. Let us see what we have plotted here. We have plotted the trend lines. Does the price go according to it? So can you see, it just hit its resistance level here. Now understand the meaning of hitting the resistance level here. Hitting the resistance level means that when it hit, there were
a lot of sellers. Who wanted to sell? And as soon as that level came, people sold here. And took the price down towards the pullback. Now the market is pulling back here. It doesn't matter. But this is our graph. Now this resistance has been hit here. We want this resistance to break once again. And then we can analyze which trend the market is going towards. Now here you can see that the market is going up again. And you will see this line bigger than the candlestick pattern. When you see the lines, you see the lines.
Up, down, up, down, up, down. So what is this? Higher high, higher high, higher high, higher high. And what is this? Your higher low. Higher low, higher low. And this is also higher low. But the trend line that we have made, is the market going according to it? We will just analyze. Now you look better than the candle. But you should analyze from the line. Now see here the price is coming down. So should we worry? Suppose someone had bought here. I said that buying can be made for you here. So buying can be made
because the market is indicating upwards. The trend is going upwards. Now if it is coming down, then it does not have to break its support level. Now what is the support level for us? This is the support level for us. We made a support level here too. So if it breaks this support level first, which was a low here. And after that, if it breaks this support level, Then after that, the market may come down to the downward trend. So no matter how much it is going down, what is it here? See our trend is
now upwards. So this is a buying opportunity for you. If it is coming down, it is actually a buy. Let me put a buy in front of you. I am hand to hand on the phone. Here I have opened another account. If it goes down, so I will just make a buy and I will make you see some profits from here. So now you see a little time has passed. But the market is reacting exactly like this. See there was a dip in the middle. Now there is a dip, it does not matter to us.
See a dip can come. Here again a dip can come. But the thing is that it does not break your support level. It is not even around the support level. There was a dip in the middle. Some people think that the market is going down a lot. But it is not like that. If there is a dip, it will bounce back from there. So why will it do? You have to understand. Because he had broken his resistance level. So there is movement in the market here. There was a great pushback here. That's when he broke
his resistance. So the movements in the market right now. If you understand the trend. And you are investing with the trend. See you cannot be right all the time. It may also be that you are thinking according to the trend. But according to the trend, the market can do anything. Everything can change suddenly. But this is very less. Generally, the market runs according to the trend. If a trend is going up. So you are seeing going up. Now again, according to the draw we did here. You are seeing that the market is going up. So
I drew half. Let's see where the market is reacting. But when this dip came here. This is what I want to make you understand. When this dip came here. This was also a buying opportunity for you. Because the overall market was up. So you could have bought here. You could have bought here. You could have bought here. If another dip comes from here. So again, what is that signal? Again, it is a signal of buying. Because if it comes down here. If it comes here too. Then it can bounce back. But why will it come
here? It will not come here. Because it is making a new support by going here. See, if this dip went down from here. This is a new support. If I take this line. The low he hit. This is a support. If it goes below this. Then we can worry about something. But now here it has made a new resistance level. Now if this price breaks again. So where is the price going? The price is going up. But if it keeps fluctuating in the middle. And a new trader came. He did not buy here. He bought
here. So he will think what is going on. Because the market will keep going up and down here. It will not be fun. It will be fun when there is movement in the market. So now there is movement in the market. You can see there is a movement. And there can be a very sharp movement also. Because the market is slowly going towards closing. I told you that after 1.30 pm. There is a movement in the market. There can be a movement in the market by 3.15 pm. And it is in front of you now.
So whatever is happening it is in front of you. So now what you have seen practical. Have you seen? which we talked about catching the trend exactly. You learned to catch the trend in the market. You saw that I put multiple support and resistance levels and now the understanding you got, see what I told you, you will feel that yes, I got a lot, but now I am going to give you a homework in this video. What is the homework? The technical analysis you have learned today, first of all, don't do trading now. It is
not complete. There is still a lot to learn. Let me tell you, but I can't teach you everything on the first day. Scientists can't make you on the first day. It will take time, but on the basis of what you have learned, from today at least you have to analyze 30 stocks. Pick up Maruti's stock, pick up MRF's, pick up Tata Motors, pick up the stock you like and based on the technical analysis you have learned today, do paper trading. Now, the paper trading you will do, we have to do two things in it. What
to do, one is we have to identify the trend. Which trend is running. In any stock, you look at which trend is running and master it to identify the trend. Now, you will say Now you will say, sir, there is a lot, as I am saying myself that now there are patterns of candlesticks, there are indicators, there is a lot to learn, but whatever you have learned, you are good to. Let me tell you very frankly, you are good to. Now you have come to the stage of analyzing. The first stage of analysis, this is
the first stage. The basic level has been cleared. Now the intermediate and advanced level, life is big for it. It will never end. The advance will never end because everyone's analysis is different. See, this technical analysis is a field. This is a subjective field, not an objective field. Objective means that whatever is there is the same, but technical analysis is done according to everyone. Everyone has their own theory. I have seen a lot of such people, who I talk to, what trend is going on, where is the resistance support, we do not see all this,
we see something else. Now what they see, I do not understand. They have their own theory. See, now it will increase, now it will decrease. Sometimes they are right, sometimes they are wrong. But what you are learning is that all the people who do technical analysis, who do trading, on the basis of this, they follow the same basics. So now what you have to do from today, you have to do paper trading. You have to pick up at least 30 stocks and take time. See, you go to school, there is a time, you have to
go in the morning, you have to come in the afternoon, the market is open for you from 9.15 to 3.30. Now this is your school time. If you feel in the stock market that I have to learn a lot, I have an interest. So this is your school timing. At this timing, you have your Demat account. If you do not have it, I will give you a link in the description and comment box. Open your Demat account. I was trading on upstox. You will also have upstox. I agree. If you do not have it, then
go to the description and comment of this video. Along with very simple steps, you can open your account. There are links of many brokers in the description below. The broker on which you want to open an account for free. You are getting an offer for a limited time to take a Demat account for free. You please open your account and when your account will open, you analyze the stocks. See where the market is moving and if you have learned to analyze. See, we don't have to sit on anyone's tip. We don't have to hold people's
feet. Give a tip, give a tip. You have to put your own mind. How will the market go? How is it reacting? Do you understand the basics? Very good. But now apply it. I hope you got my message of the video and if you like this video and if you want me to make more such videos for you, how will I know? If you do not tell in the comment below, then tell in the comment below how did you like this video? What did you like the most about this video? Which part did you like?
You can tell in the comment below. If you have any questions, you can definitely ask questions in the comments below. Finally, like this video to give your love. If you are watching the video on YouTube, then subscribe. Click on the bell icon and if you are watching on Facebook, then follow us. I will see you in the next video. Till the time you go self-made. Bye.
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