Price Action Trading | Pure Telugu Trading Guide

Introduction

Price Action Trading అంటే indicators లేకుండా కేవలం price movements చూసి trading చేయడం. Charts లో candlesticks, support/resistance levels, patterns చూసి buy/sell decisions తీసుకోవడం. FinViraj.com లో మీరు ఇలాంటి pure trading techniques master చేయవచ్చు! 📊

What is Price Action Trading?

Price Action అంటే ఏమిటి? 📈

Price Action Trading అనేది technical indicators లేకుండా raw price data చూసి trading చేసే method. Only candlestick charts, support/resistance levels, price patterns use చేస్తారు.

Core Philosophy: “Price discounts everything” – అన్ని information already price లో reflect అయ్యుంది, కాబట్టి price movement ే sufficient signals ఇస్తుంది.

Key Elements:

• Candlestick patterns
• Support and resistance levels
• Trend lines and channels
• Price structure analysis

Key Price Action Concepts

Candlestick Patterns 🕯️

Single Candlestick Patterns:

• Doji: Indecision signal, trend reversal possibility
• Hammer: Bullish reversal at support levels
• Shooting Star: Bearish reversal at resistance levels
• Marubozu: Strong trend continuation signal

Multiple Candlestick Patterns:

• Engulfing: Reversal confirmation pattern
• Inside Bar: Consolidation before breakout
• Pin Bar: Rejection of price levels

Support and Resistance 📍

Support Levels: Price levels where buying interest strong, price bounce అవుతుంది.

Resistance Levels: Price levels where selling pressure strong, price reject అవుతుంది.

Identification Tips:

• Previous highs/lows act as resistance/support
• Round numbers (₹100, ₹500) psychological levels
• Moving averages dynamic support/resistance

Price Action Trading Strategy

Trend Following Setup 🎯

Uptrend Trading:

• Higher highs మరియు higher lows identify చేయండి
• Pullbacks వద్ద support levels దగ్గర buy చేయండి
• Previous high break అయిన తरువాత continuation buy

Example: TCS ₹3000 నుండి ₹3200 వెళ్లి ₹3100 కి pullback. ₹3100 support దగ్గర buy, target ₹3300.

Reversal Trading Setup 🔄

Top Reversal Signals:

• Double top formation at resistance
• Bearish engulfing pattern at highs
• Shooting star candle rejection

Bottom Reversal Signals:

• Double bottom formation at support
• Bullish engulfing pattern at lows
• Hammer candle bounce

Breakout Trading 🚀

Valid Breakout Confirmation:

• Clean break of support/resistance
• High volume during breakout
• Follow-through candle after break

False Breakout Avoidance:

• Wait for candle close beyond level
• Check for immediate pullback
• Volume confirmation essential

Price Action Patterns

Inside Bar Pattern 📊

Definition: Current candle high/low within previous candle range.

Trading Setup:

• Consolidation before big move
• Trade breakout direction
• Stop loss opposite side of inside bar

Pin Bar Pattern 📌

Characteristics:

• Long wick (tail) with small body
• Shows rejection of price level
• Forms at key support/resistance

Trading Rules:

• Pin bar at support = Buy signal
• Pin bar at resistance = Sell signal
• Stop loss beyond pin bar wick

Engulfing Pattern 🔥

Bullish Engulfing:

• Green candle completely covers previous red candle
• Shows buying strength
• Best at support levels

Bearish Engulfing:

• Red candle completely covers previous green candle
• Shows selling pressure
• Best at resistance levels

Price Action for Indian Stocks

Best Stocks for Price Action 🏢

Large Cap Choices:

• Reliance: Clear levels, good liquidity
• HDFC Bank: Respects technical levels well
• TCS: Clean price action patterns
• Bajaj Finance: Strong trending moves

Mid Cap Options:

• Asian Paints: Trend following opportunities
• Titan Company: Clear support/resistance

Timeframe Selection ⏰

Intraday Trading: 15-min, 1-hour charts Swing Trading: Daily charts primary Position Trading: Weekly charts focus

Common Price Action Mistakes

Over-Analysis Paralysis ❌

Problem: Too many lines, levels చూసి confusion.

Solution: Simple approach – major support/resistance మాత్రమే mark చేయండి.

Ignoring Market Context 📉

Problem: Individual pattern చూసి overall trend ignore చేయడం.

Solution: Always higher timeframe trend direction check చేయండి.

Poor Risk Management 🚨

Problem: Stop loss లేకుండా లేదా wide stops తో trading.

Solution: Every trade clear stop loss plan తో enter అవండి.

Price Action Tools and Setup

Chart Setup Requirements 📱

Essential Elements:

• Clean candlestick charts
• Major support/resistance marked
• Trend lines drawn
• Volume indicator (confirmation కోసం)

Recommended Platforms:

• TradingView: Best charting for price action
• Zerodha Kite: Clean interface, good for beginners
• Upstox Pro: Mobile-friendly price action tools

Drawing Tools 🔧

Key Tools:

• Horizontal lines (support/resistance)
• Trend lines (trend direction)
• Fibonacci retracements (pullback levels)
• Rectangle/channel tools

Risk Management in Price Action

Position Sizing 💼

Conservative Approach: 1-2% risk per trade Aggressive Approach: 3-5% risk (experienced traders only)

Calculation: Entry price – stop loss = risk amount, position size accordingly calculate చేయండి.

Stop Loss Placement 🛑

Support/Resistance Based:

• Buy trades: Stop below support
• Sell trades: Stop above resistance

Pattern Based:

• Pin bar: Stop beyond wick
• Engulfing: Stop beyond pattern
• Inside bar: Stop beyond parent bar

Profit Taking 💰

Target Selection:

• Next resistance level (buy trades)
• Next support level (sell trades)
• Fibonacci extensions
• Previous swing levels

Partial Booking: 50% profit first target, trail remaining position.

Advanced Price Action Concepts

Market Structure Analysis 🏗️

Understanding Flow:

• Series of higher highs/lows = uptrend
• Series of lower highs/lows = downtrend
• Sideways structure = range-bound market

Multiple Timeframe Analysis 🔍

Approach:

• Higher timeframe: Trend direction
• Trading timeframe: Entry setups
• Lower timeframe: Precise timing

Example: Daily uptrend, 1-hour pullback, 15-min entry trigger.

Conclusion

Price Action Trading అనేది indicators dependency లేకుండా pure market language నేర్చుకోవడం! Clean charts, simple patterns, strong risk management తో consistent results possible. Practice మరియు patience key factors for success! 📊

Success Keys:

• Keep charts clean and simple
• Focus on major levels only
• Combine patterns with market structure
• Never ignore risk management

Remember: Price action mastery overnight రాదు – daily practice అవసరం. Start simple, gradually complex patterns learn చేయండి! 💪

మరిన్ని pure trading techniques కోసం FinViraj.com ను follow చేయండి! 📖✨