Candlestick Pattern Scanner
About NEPSE Candlestick Pattern Scanner
The candlestick pattern scanner finds NEPSE stocks that formed a known pattern in the latest session, grouped into bullish, bearish and indecision patterns such as Hammer, Engulfing, Morning Star and Doji. Pick a pattern to see which stocks show it.
The list of stocks showing each pattern is free with a Share Gyan login.
Frequently Asked Questions
What is a candlestick pattern?
A candlestick pattern is a shape formed by one or more daily candles (open, high, low and close) that traders associate with a likely next move. Bullish patterns hint at a rise, bearish patterns at a fall, and indecision patterns such as Doji at a pause.
Are candlestick patterns reliable?
Patterns are more useful when they appear at support or resistance and with higher volume. Treat a pattern as a signal to check the chart and other indicators, not as a trade on its own.