Candle stick pattern – ‘NSE INDIA’S’ Secret concept to verify your pattern is true or not.

Candle stick pattern – ‘NSE INDIA’S’ Secret concept to verify your pattern is true or not.

To verify whether a candlestick pattern is true or reliable—especially in the context of NSE India (National Stock Exchange of India)—you need to go beyond just visual identification. Here’s what traders often call a “secret concept” or pro technique used by smart traders on NSE:

NSE Candlestick Pattern Verification – Pro Strategy

The Secret Concept: Volume + Confirmation Candle + Support/Resistance

A pattern alone is NOT enough.
You must verify it using 3 key filters:

1. Volume Confirmation (Smart Money Test)

• Check if volume increases with the candlestick pattern.

• Bullish pattern → rising volume = strong buying interest

• Bearish pattern → rising volume = strong selling pressure

Where to check? Use NSE’s Bhavcopy or trading charting platforms (like TradingView).

2. Confirmation Candle (Price Action Rule)

• After the pattern (e.g., Doji, Engulfing), wait for a confirmation candle:

  • For bullish patterns, the next candle should close above the pattern.

  • For bearish patterns, the next candle should close below the pattern.

Don’t act on the pattern alone — wait for confirmation.

3. Key Levels – Support & Resistance Zones

• A pattern forming near:

  • Support zone → strengthens bullish signal.

  • Resistance zone → strengthens bearish signal.

Use pivot points, trendlines, Fibonacci levels, or previous price action areas.

Example: Bullish Engulfing Pattern on NSE Stock

• Appears at the bottom of a downtrend.

• Big green candle engulfs a red one.

• Volume spikes (check NSE data).

• Next candle closes higher (confirmation).

• Occurs near a known support level.
  Pattern Verified → High-probability trade setup.

Pro Tip:

Use this 3-Point Filter before acting on any pattern:

Popular Reliable Candlestick Patterns (when verified)

• Bullish Engulfing

• Bearish Engulfing

• Morning Star / Evening Star

• Hammer / Hanging Man

• Doji with Confirmation

• Piercing Pattern / Dark Cloud Cover

Would you like:

• A PDF cheat sheet of verified patterns?

• Real NSE chart examples for practice?

• Or a screener setup to automate pattern detection?

Let me know your goal (trading, learning, backtesting), and I’ll customize it for you!

Candle stick pattern – ‘NSE INDIA’S’ Secret concept to verify your pattern is true or not.