


*π HOW TO READ ANY STOCK CHART (STEP-BY-STEP)* STEP 1 Identify the TREND (Most important).. Ask only one question: Is the stock going UP, DOWN, or SIDEWAYS? Example: Higher highs + higher lows β Uptrend Lower highs + lower lows β Downtrend Same range β Sideways π Trade only in direction of trend..Most beginners lose because they fight the trend. STEP 2 : Mark SUPPORT & RESISTANCE Support = Floor Price usually stops falling here.. Resistance = Ceiling Price usually stops rising here.. Example: Stock repeatedly falls near βΉ200 β support Stock repeatedly stops near βΉ240 β resistance So, π Buy near support, sell near resistance π Donβt buy in the middle (confusion zone) ( u will get stuck becoz of it) STEP 3: Check VOLUME (Truth teller) Ask: Is volume supporting the move? Example:Price up + volume up β strong Price up + volume down β weak Price sideways + volume rising β accumulation π If volume disagrees, be careful for thatβ¦ STEP 4: Use ONE SIMPLE INDICATOR (Not many) Best simple combo: 20 EMA ( I personally use it)β short-term direction & VWAP (for intraday) And also 5 , 9 , 50, 200, 350 ema also I personally use which works best for meβ¦ Example: Price above 20 EMA β bullish bias Price below 20 EMA β bearish bias STEP 5: Wait for CONFIRMATION CANDLE Never buy just because price touches support. Confirmation examples: 1) Strong green candle 2) Rejection wick 3) Break + retest π Entry without confirmation = guessing STEP 6: ALWAYS fix STOP LOSS before entryβ¦ Ask: βIf Iβm wrong, where am I exiting?β Example: Buy at βΉ300 Support at βΉ290 Stop loss at βΉ288 π No stop loss = no trading becoz it can wipe out your money slowly. Telling from experiences.