HEY LAKSHYA 1350 I LIKE YOUR AMBITION AND YOUR INTEREST IN TRADINGCAN I HAVE YOUR NUMBER MY SELF SUSHANT
IT IS LIKE YOU ARE ASKING THAT HOW TO PLAY A GAMESORRY I AM JUST KIDDING FIRST YOU ANALYSE AN PERTICULAR NSE OR BSE STOCK AND THEN YOU CAN USE YOUR PAPER TRADING AMOUNT OF 10 LAKHS TO PAPER TRADE AND SHARPEN YOUR SKILLS AND PLASE DON HESITATE TO TAKE YOUR STOP LOSS
THERE ARE A LOT OF THINGS TO LEARN BUT AT FIRST YOU SHOULD KNOW DOW THEORY THEN CANDLES AND CANDLESTICK PATTERN AFTER THAT YOU CAN LEARN PRICE ACTION AND MANY MORE THINGS LIKE FVGAND ETC.
@lakshay1350 FOLLOW UP MEANS WEATHER THE TREND GOES UP AFTER FORMING AN GREEN CANDLE AND THEN KEEPS MOING UP
@lakshay1350 WELL SHAKE OUT CANDLES ARE THE CANDLES EHICH COME BEFORE THE MAIN BERAKOUT TO CLEAR THE BUYING OR SOME THING LIKE THATIF THAT CANDLE OCCURS THEN THERE IH AN HIGH PROBABLITY THAT THE PRICE WILLNOT GO BELOW THE LOW OF THE SHAKEOUT CANDLE SO YOU CAN BUY OR SELL IF SHA...
@lakshay1350 I LIKKED THST HOW COURIOUSLY YOU ASKED ME THAT QUESTION ABOUT THE SHAKE OUTT CANDLE THAT IS THE REASON WHY I REPLIED TO YOUI CAN GUIDE YOU IF YOU WANT, ITS NOT SOME SCAM OR I AM LOOKING FOR MY ADVANTAGE BECAUSE I AM THE KID WHO LEARNT A LOT ABOUT THE MARKET NOT ONL...
@lakshay1350 SO BRO THATS THE MATTER FIRST YOU NEED TO UNDERSTAND HOW MARKET WORKS AND HOW THE CHART MOVESFIRST YOU HAVE TO LEARN CANDLE STICKS THEN CHART PATTERN THEN OTHER TECHNICALSI THINK YOU ARE A TEENAGE KID JUST LIKE ME ARENT YOUI WILL SUGGES YOU TO LERN FROM YOUTUBE ...
Yes it is a breakout but you should wait for follow up and your stop loss should be the low of breakout candle .It can't be false breakout because there's a shakeout candle before breakout.