I n the ever-evolving world of finance, navigating the intricacies of the Indian stock market can be challenging. While fundamental analysis delves into a company's financial health, another crucial aspect emerges: price action . This article dives deep into understanding price action, exploring its strategies with examples, and equipping you with relevant insights for the Indian market. What is Price Action? Price action refers to the historical movement of a security's price over time . It's the raw, unfiltered data depicting the constant ebb and flow of supply and demand in the market. This movement is typically visualized on charts, with various formats like line charts and candlestick charts offering different levels of detail. Why is Price Action Important? Price action forms the foundation of technical analysis . By analyzing historical price movements in rupees, traders attempt to identify patterns, trends, and potential support and resistance levels . This informa