Sign in

By TradeMind AI Team · Published 2026-10-11 · Updated 2026-10-11

Start with the trend

Zoom out first. An uptrend is a sequence of higher highs and higher lows; a downtrend is lower highs and lower lows; anything else is a range. Decide which one you are looking at before adding indicators.

Candlesticks

Each candle shows open, high, low and close for one period. A long body means a decisive move. Long wicks mean price went somewhere and was rejected.

Support and resistance

Support is a price area where buyers have previously stepped in; resistance is where sellers have. They are zones, not exact lines, and they weaken each time they are tested.

Volume

A breakout on rising volume is generally more convincing than one on thin volume. Volume does not make a breakout safe; it only adds context.

Timeframe matters

A pattern on a 5-minute chart and one on a weekly chart are not comparable in importance. Check at least two timeframes before drawing conclusions.

Open the tools

Try it on real data
See this in Stock Chart Analysis.
Stock Chart Analysis

TradeMind AI provides educational and informational market analysis only. It is not registered with SEBI as a Research Analyst or Investment Adviser, and nothing here is a recommendation to buy, sell or hold any security. Markets carry risk, including loss of capital. Consult a SEBI-registered adviser before investing.