Chart Patterns

Chart patterns alone have 50-60% success rates on NSE. Indicators alone have similar rates. Combine them intelligently, and the confluence can push success rates to 70-75%. This article covers seven specific pattern+indicator pairings that consistently outperform either signal used alone, along with the confluence scorecard framework to grade every setup you consider. Quick Answer: Combining … Read more

Individual chart patterns are useful. A systematic strategy built around them is transformative. This article synthesizes the eight chart-pattern articles in our technical-analysis series (Head & Shoulders, Double Tops/Bottoms, Triangles, Flags, Wedges, Rounding patterns, Cup & Handle, Gaps) into a unified trading framework. Seven NSE examples show how to classify patterns, match them to market … Read more

A gap in trading is a vertical price jump where the opening price is significantly above the prior close (up gap) or below it (down gap). On a chart, it appears as an empty space between candles. Gaps are not random — they carry different information depending on where they appear in a trend. This … Read more

Rounding patterns are long-duration reversal patterns shaped like saucers. A rounding bottom is a bullish reversal that looks like a gentle U over weeks or months. A rounding top is the bearish mirror — an inverted U showing gradual distribution. Unlike Cup & Handle, rounding patterns have no handle pullback — price breaks directly through … Read more

Wedge patterns are reversal patterns that look superficially like triangles but behave very differently. A rising wedge has both trendlines sloping up, but the bottom line rises faster than the top — creating a converging upward-sloping pattern. A falling wedge has both trendlines sloping down, with the bottom falling faster than the top. Both reverse … Read more

The Cup and Handle pattern, first popularized by William O’Neil in his CANSLIM investing framework, is one of the most reliable long-duration bullish continuation patterns in technical analysis. A rounded U-shaped base forms over weeks or months, followed by a short pullback (the handle), then a decisive breakout above the cup rim. This article covers … Read more

Flags and pennants are the fastest continuation patterns in technical analysis. A sharp move (the pole) runs for 8-15 sessions. Price consolidates briefly (the flag or pennant) for 3-15 sessions. Then price breaks in the same direction as the original pole, often with strong follow-through. This article covers seven NSE flag and pennant examples — … Read more

Triangle patterns form when price consolidates with contracting volatility — the range between highs and lows shrinks over time, forming a geometric triangle between trendlines. Three types appear: ascending (flat resistance with rising support), descending (flat support with falling resistance), and symmetrical (both lines converging). This article covers seven NSE triangle examples from 2018 to … Read more

Double Top and Double Bottom patterns are the simplest reversal patterns in technical analysis — two price peaks (or troughs) at similar levels, separated by a swing low (or high) called the neckline. Price breaking beyond the neckline confirms the reversal. This article covers seven NSE examples from 2021 to 2024, each with documented neckline … Read more

The Head and Shoulders pattern is the most widely recognised reversal pattern in technical analysis. Three price peaks, with a higher peak in the middle and two lower peaks on either side, connected by a neckline drawn through the intervening swing lows. When price breaks below the neckline on volume, the pattern is considered confirmed … Read more