A candlestick with a long wick that shows rejection of a certain price level. A long lower wick in a downtrend is a bullish signal, indicating that buyers stepped in aggressively.
Gurjar’s philosophy posits that price is the only leading indicator; everything else is derivative. His methodology is heavily influenced by institutional trading concepts, particularly the "Smart Money Concept" (SMC), but is distinguished by its visual clarity and strict focus on trend validity. This paper outlines the theoretical underpinnings of his approach and its practical application in financial markets.
Sunil Gurjar is not just another trading educator—he is a certified professional with a unique combination of credentials and practical experience. He holds both the and CMT (Chartered Market Technician) certifications, placing him among a select group of traders who have mastered the theoretical and practical dimensions of technical analysis. price action trading sunil gurjar
Before looking for specific trade setups, Gurjar emphasizes understanding the broader market structure. The market moves in three phases:
Price action trading strips away the noise of complex indicators and teaches you to read the pure language of the market. Through his platform Chartmojo and his bestselling guides, Sunil Gurjar has successfully distilled these complex financial concepts into a practical, easy-to-understand format. A candlestick with a long wick that shows
: He advocates for clean charts with little to no reliance on lagging indicators like RSI or MACD. Foundational Tools : Traders should focus on support and resistance market structure (trends), and candlestick patterns Timeframes
Gurjar teaches that these are not exact numbers but rather . When a major resistance zone is broken, it flips to become a support zone (a concept known as role reversal), offering high-reward entry points on retests. Key Price Action Patterns Taught by Chart Mojo He holds both the and CMT (Chartered Market
Price action trading offers several benefits, including:
Gurjar teaches that zones are not single lines but areas where "Smart Money" (institutional traders) has left a footprint.
Price action trading, as taught by , is a method of analyzing the "raw" movement of a security's price to make trading decisions, prioritizing market psychology over complex technical indicators. Gurjar, a SEBI-registered research analyst and founder of Alphamojo (formerly Chartmojo), advocates for "naked chart" trading to simplify technical analysis for retail traders. Core Philosophy: Price Over Indicators
In our conversation with Sunil Gurjar, he shared some valuable insights on Price Action Trading: