Methodology
Ways to develop a market POV
Four approaches to deciding what to buy or sell.
Methodology
Four approaches to deciding what to buy or sell.
Three consecutive long green candles, each opening within the prior candle's body and closing near its high. Steady stair-step up.
Bullish·Bullish reversal·3-candle·Requires a prior downtrend
What it means
Sustained buying pressure over three sessions after a downtrend. Sellers exhausted; trend change with conviction.
Confirmation to wait for
Each candle's close should be near its high (small upper wicks). Volume should rise or stay strong across the three days.
Failure mode
After a long uptrend it can signal exhaustion rather than reversal. If the candles have long upper wicks, momentum is fading.
Three green candles in a row (close > open each). Each opens within prior body AND closes above prior close AND has small upper wick (≤ 25% of range).
The scanner below applies this rule to today's daily candles across actively-traded NSE equities, ranked by traded value (price × volume). Liquidity floor: ₹25 Cr traded today. Rule-based matches - not buy/sell calls.
Scanner coming soon
Detection isn't wired for this pattern yet. The rule above describes what the scanner will look for; it'll go live with the next set of detectors.
Pattern definitions are descriptive, not predictive. Confirm with volume + the broader trend on the index / sector before trading any single-stock signal.
Morning Star
Bullish reversal