How to trade Dragonfly Doji ?

Hello friends welcome to the shareholder blog. Today we will find out more about Dragonfly Doji Candle.

Dragonfly Doji

Dragonfly Doji is one part of a single candle stick. Dragonfly Doji is named after the Japanese people from above Dragonfly. Dragonfly is a small worm. All of us must have seen these small flying insects flying in the open field or in the rainy days in the fields.

There are mainly two types of Dragonfly Doji charts.

Both of these are used in the same way. Both of these have some things in common which are as follows:

1. Open and close are the same.
2. Both of these have a long lower shadow or tail.
3. These two do not have any type of color.

Dragonfly Doji Candle is a Bullish Candlestick Pattern. This means that if Dragonfly Doji is found in the stock, then the bearish time in that stock is over and now the time of bullish is about to begin. If you use Dragonfly in an intraday chart, one thing to keep in mind is that it should be low in the chart and if you look in the past or historical chart, the minimum number of candles in the chart should be 25 to 30 days. This can only be used if Dragonfly Doji is at the bottom of the chart. It does not matter if the Dragonfly Doji chart is made in the middle or top.

How to Trade on Dragonfly Doji

When you want to trade from above Dragonfly Doji, you should buy Dragonfly above the candle front of Candle and stoploss should be set below Dragonfly Doji candle low. If you do not want to take advantage of a bullish rally for long after taking a trade, you can exit by booking a profit on your way. If you want to trade longer, then you should not make a profit booking until the next confirmation trade is obtained.

What is a hammer candlestick pattern

What is a Hammer Candlestick Pattern ?

friends Hammer Candle is a part of single candlestick pattern, We called  hammer is provided because it looks like a hammer. The bullshit shows in the hammer market, since then it has been found only in the bottom of the market chart. The hammering occurs when the last candle market open price or pass size stops after a long recession. That means that the time of recession in the market is over and now the market is not coming to the boom.

When the hammer candle is created, the shadow of the hammer candle is 2X time from its real body, or even higher than that. Color does not matter in this candle, but if the green hammer candle becomes better in the market.There are 4 types of hammer candles that are shown in the photo below.

It is not possible to say how much market picking up a hammer candle will give, but it gives more positive results. Confirmation in the hammer candle should be taken as soon as the trade is taken so that you do not have to book the loss in advance. Whenever you want to trade from a hammer candle, you should buy the front of the hammer candle on the front of the hood and stoploss on the lower of the hammer candle.Unless the market gives a signal of boom, the profit should not be booked, unless the profit booking signal is found in the next chart. The hammer candle is found in the intraday chart, the daily chart and the weekly chart, and the hammer candle is very important in all three charts.The only thing to keep in mind is to buy a hammer candle on the high and see the stoploss set on the side of the hammer candle low.

frinds i am explain with bullish hammer candlestick pattern example so we easy to understand. i am giving you hammer example below:

above example in hammer candle high near 55 and low is a 50 , so friends if we take trade on this time the see how much we book profit. if we take trade then our Buy price is near 56 or 57 and stoploss is a 49 or 48.


So friends get information about hammer candlestick pattern today, if you have any questions, please comment in the comment box and tell me.

What is Doji Candlestick Pattern

Doji is a very important of single candlestick pattern. This pattern is not give confirmation of Bullish market or not give confirmation of bearish market, but Doji Pattern work as a speed break.

Benefits of Doji

Doji Candlestick Pattern and Spinning TOP Candlestick Pattern this both Single Candlestick Pattern. This both candlestick pattern is show hesitantance of market. So that’s why we said  Doji is not given proper signal in market what happen in future, but Doji Candlestick Pattern given warning to us. After Doji Candlestick Pattern market is either Bullish or Bearish trend, so before we take trade we keep safety with trade.

How Doji Candlestick Made

Doji Candlestick made when open price and closing price are both same and equal of anyone script, but this script High Price and Low price between large distance. If more liquidity stock then open price and close price are same or minor difference like .5% of price, so this is work as a Doji Candlestick Pattern.

How to Identify Doji Candlestick Pattern

If you confuse how we identify this candlestick pattern is doji pattern or other types of pattern, so this time follow below points, to easy identify doji candlestick pattern.

1. Before Doji Candlestick Pattern made, not important what is past market trend. 
2. Doji Candlestick pattern not have body or minor body because this doji pattern made when open price and close price both are same or equal. It’s have long Upper Shadow and long lower shadow.
3. Not important Doji Pattern color or not important market trend.

Types of Doji Candlestick Pattern

1. Gravestone Doji
2. Dragonfly Doji
3. Long-Legged Doji
4. Four Price Doji

1. Gravestone Doji

In Gravestone Doji Pattern made open price and close price both are same, but it’s have long upper shadow but not have lower shadow. So this type Doji Patter give us signal of market reversal. If this Doji Pattern are made in Top of Bullish chart then give signal market is bearish trend in future, but if those made in Bearish Chart then it’s give signal now market bullish in future.

2.  Dragonfly Doji

   

      In Dragonfly Doji Pattern made open price and close price both are same, but it’s have long lower shadow but not have upper shadow. If you see Dragonfly Doji in Bearish market then now bearish trend time is over now bullish trend in future.

     

     3. Long-Legged Doji

      In Long Legged Doji have open price and closing price both are same also upper shadow and lower shadow both are same or equal. So Long Legged Doji Pattern made in center of Chart or marker trend. Long Legged Doji Candlestick Pattern is given signal as market is hesitantance. SO this time be carful for take trend when market is hesitantance.

    

    

      4. Four Price Doji

Four Price Doji made when anyone script in open price, closing price, low price and high price are same or equal, so that’s why called Four Price Doji Candle Pattern. Four Price Doji not important in market in trend and trader not take trade on Four Price Doji Candle Stick Pattern.

How Doji Work in Market?

Now we discus Doji Candlestick Pattern how work in market.

     A.   Doji work in Bullish Market

             

      If Doji Candlestick pattern made in Bullish market then it’s have two influence. First is after few correction it continue bullish trend market and second one Bullish trend is over now it’s come in bearish trend.

  

     B. Doji work in Bearish Market

      If Doji Candlestick pattern made in Bearish Market then it’s have two influence. First is after few correction it continue bearish trend and second one Bearish trend is now over, it’s now come in Bullish trend.

     C.   Doji work in Sideways Trend

  

      After Doji Candlestick Pattern mat be do few correction or market is go in sideways market trend. Doji Candlestick pattern is speed braker, so stop for take trade until not confirmation market trend.

How we take trade and book profit on Doji Candlestick Pattern?

If you want to take trade on Doji Candlestick pattern then when take trade and when book profit, so follow some below points to take easy trade.

1. If you see Doji Pattern in Bullish trend market then Doji pattern’s before last one candle low price is our entry price and set stop loss price is Doji candlestick high price. After you taken trade not book profit until not signal for other trade.
2. If you see Doji Pattern in Bearish trend market then Doji pattern’s before last one candle high is our entry price and set stop loss price is Doji Candlestick low price. After you taken trade not book profit or continue existing trade until not signal for other trade.
3. You not want to take trade in sideways market, because after Doji pattern or sideways market not confirm market price is go bullish trend or bearish trend, so my advice in not take trade in sideways market.

After you read this post, have you any suggestion or feedback then please give me in comment.

What is Candlestick Pattern ?

If you are trading you have come up with write space. i will give you information about technical analysis. if you want to know where to buy, where to sell, where to stop loss and where book profit in running market then so please read the full post. First of all we need to know what is chart?

What is chart?

chart is graphical representation of price data shows a stock price plotted in many time frame. if you are trader then many times you seen this type of chart. First we talk about candlestick. Candlestick charts are thought to have been developed in the 18th century by Munehisa Homma, a Japanese rice trader. They were introduced to the Western world by Steve Nison in his book, Japanese Candlestick Charting Techniques. Now i am explain you how candlestick made. To assume ABC stock open price is 500$, all day long stock high price is 700$ and stock low price is 300$ and all day stock closing price is 650$. The section between stock open price and close price that is called body of candle and close to high part or line to called upper shadow or upper tick as well as open price to low price called lower shadow or lower tick.i am giving to candle pattern representation in image, so easy to you better understand.

Now we know how many types of candlestick pattern. Candlesticks are two types:

1. Bullish Candlestick
2. Bearish Candlestick

• Bullish Candlestick

Bullish candlestick show boom in stock market. When made bullish candlestick then it’s body color green or white. In bullish candle stock open price in bottom and stock close price in top.

• Bearish Candlestick

Bearish candlestick show financial crisis in stock market. When made bearish candlestick then it body color is red or black, so traders are easily understand stock market movement. In bearish candlestick stock open price in top and stock close price in bottom.

So friends i hope you are understood about what is candlestick pattern. My next post i will explain how many types of candlestick pattern made in running market and how we will take trade and book profit. So friends if you have any suggestion for post and other kind of then give me suggstion.

How to invest in stock market for beginners with little money

How to Invest in Stock Market for beginners ?

Hello friends today we will learn how to invest in the stock market in this blog post. The information I provide today will be of a general level, this information is for people who are just starting out in the stock market.

So, many people will be wondering about which shares should be bought, when to buy a stock and how much investment should be made, where to open a demat account with regard to investment in Stock Market. So today we will talk about all this. So friends, one of my requests is that if you want to invest in the stock market then you need to read this post completely.

So before investing in Dosto Stock Market, you should know about your financial condition. If you have any loans or credit card shopping, you should first clear them. My idea is that all you are planning to invest in your saving stock market is to be a saving edge. The savings money that is going to be invested in the stock market is invested just as you do not need it in the long run. This should be done because your financial condition should not be affected if no one else loses your investment.

Now friends will be your question whether this is all right but how much should we start investing? So you must invest with a little money, Because you still get started. Investing in the stock market does not become a millionaire by investing in startups, you should keep these points in mind. If you want to figure out the investment amount, you should start from 20 to 25 thousand if your annual income is 12 to 15 lakhs. But if your income is between 5 and 6 lakh months, then you should invest between 1 to 2 lakh to get 20,000 to 25 thousand investment.

Friends will now ask you where to open a demat account for investing. My advice is that you should open a demat account in Upstox, as Upstox offers life time delivery trade free and it is a discount broker, so it will also cost less brokerage. I recommend you to recommand because you feel less charged to get started so you can easily invest. Upstox Provides Best Charting Platform, Uses 100+ Indicators, Provides Easy And Userfriendly App For Mobile Users If you want to open a Demat account, you can do so by going to the Demat Account page in the menu above. If you are staying in India then you can easily open but if you are from other country then you can go to contact page and contact me, I will do your help. I'm also an Upstox Authorized Partner so I'll let you have a free and easy demat account open.

In order to invest, two types have to be analyzed. First Technical Analysis and Second Fundamental Analysis. If you get more information about both of these then this post will be done, so I will give you brief information. If you know or believe my opinion, then you should learn technical analysis. That is to say, because if a stock goes up or down, we will see it in the chart, so we can easily do technical analysis in the chart and buy the stock.

In the beginning it should be invested in stocks that have a higher daily volume or are higher in price, should choose shares that do not have any daily volume so there are many risks. Gradually you begin to invest and gradually learn the Fundamental Analysis then you should invest in such low volume stock. Unless you have a stock with expensive or high volume market capitalization, the ray is more beneficial to you.

So guys now let's talk about what kind of shares we should buy. In the beginning, the cheapest stock in the investor stock market seems to be gaining ground. In the past, if a stock of 1000 was traded in now of 300, Beginner Investor would be tempted. Well, 1000's share is found in now 300 and then it seems that by buying at 300, it will surpass 1000 level, but in the real stock market, nothing happens. If friends 1000's share is available in 300 then there is problem in the balance sheet of the company. You should buy shares that break 6 or 7 months high or trade it around.

Friends If you are new to the stock market, if you want to invest in India, then you must do the same in the index ie Nifty and Sensex listed shares. It is not my idea that you invest in Nifty or Sensex shares, this is the saying of the biggest investors in the world and it gives the same advice.

Dosto Post In The End, I would like to say that you will never waste any time pursuing e-strategies for investing or trading. Because that is in accordance with the technical analysis of the strategy created. If you decide to invest in it then it is worth it in the beginning. But if there is any ups and downs in the stock market, then at that time the strategy goes wrong and causes us to lose.

Guys I'm a day trader. If you liked this post then show me your idea in the comments below. So if you have any advice or advice for posting a new post, you can still send me comments or contact me on contact page.