Arjun checked the time. It was 3:25 PM. The market had closed for the day, but the after-market session was active. He looked at a stock he had been watching: SolarTech Industries .
To remove damaging emotions like fear and greed from your execution, establish a strict checklist before entering any trade:
Disclaimer: Trading in financial markets involves significant risk. This article is for educational purposes only and does not constitute financial advice. If you'd like, I can: Recommend or concepts to focus on first
Price Action Trading by Sunil Gurjar (Chartmojo) - Amazon.in Arjun checked the time
Opt for authoritative English translations or original English editions of core trading texts. Standardized English financial terminology makes it easier to seamlessly apply concepts to international charting platforms like TradingView.
Many traders frequently search for resources like the to elevate their market understanding. This comprehensive article explores the core philosophy of Sunil Gurjar's price action methodologies, the mechanics of trading without indicators, and how to properly build a trading edge using chart patterns and market psychology. Who is Sunil Gurjar?
A single candlestick tells a story of a battle between buyers (bulls) and sellers (bears) within a specific timeframe. Instead of just memorizing names like "Hammer" or "Shooting Star," Gurjar emphasizes understanding the rejection and momentum behind the candle. A long lower wick signifies strong rejection of lower prices, indicating institutional buying. 3. Market Structure and Trends He looked at a stock he had been
Filtering out noise to trade in harmony with the overall market direction.
Once a resistance level is broken, it frequently turns into a future support level, and vice versa. 3. Candlestick Anatomy and Psychology
: Detailed explanations of patterns like Hammer, Shooting Star, Engulfing, and Doji. Chart Patterns If you'd like, I can: Recommend or concepts
In the fast-paced world of stock trading, confusion is the biggest enemy. Traders often find themselves overwhelmed by hundreds of indicators, oscillators, and conflicting signals. If you are tired of "analysis paralysis" and want to trade with clarity, is the holy grail you’ve been searching for.
Start with a higher timeframe (like Daily or 4-Hour charts) to mark your major supply and demand zones. Always trade in the direction of the higher timeframe trend.
Do not blindly buy when the price touches a demand zone. Wait for a confirmation candle—such as a bullish engulfing or a pin bar—on a lower timeframe (like 15-minute or 5-minute charts).
An exclusive guide to trading is incomplete without addressing risk. Sunil Gurjar frequently stresses that market analysis is only 20% of trading; the remaining 80% is risk management and psychology.
Sunil Gurjar is a well-known technical analyst and the driving force behind Chartmojo, an educational platform dedicated to teaching chart analysis, swing trading, and price action. Gurjar’s teaching style focuses on simplifying complex market structures, removing indicator clutter, and helping traders focus purely on what the price is doing.