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EquityBulls
Learn by doing

Six tools, not six slides

Reading about a breakout and actually seeing one build, candle by candle, are different things. Everything below runs in your browser — no live market data, no account needed.

Tool 01 · Scroll to walk through it

Reading a chart, stage by stage

1. Trend structure

Ignore the noise of individual candles first. Notice the swing lows are gradually stepping upward — that's the definition of an uptrend, before a single indicator is added.

2. Support and resistance

Price keeps stalling near the same resistance zone and bouncing off the same support zone. Both levels are being tested more than once — that repetition is what makes them worth marking.

3. The breakout

This candle closes convincingly above resistance, not just wicks through it. A close above the level matters far more than a brief touch.

4. The retest

Price returns to the old resistance zone — now acting as support — and holds. This retest, not the breakout candle itself, is usually the better risk-to-reward entry.

5. The invalidation level

A line drawn below the retest low. If price closes below it, the breakout setup is wrong — full stop. Deciding this before entry is what a stop-loss actually is.

Tool 02

Candlestick anatomy

Tab or hover each part of the candle to see what it means.

H 148.90L 140.10O 142.30C 146.75

Hover, or tab with your keyboard, over the upper wick, the body, and the lower wick to see what each one tells you about the session.

Tool 03

Position size & risk calculator

Position size & risk calculator

The math most traders skip — how much to actually buy, given what you're willing to lose.

%

Quantity to buy

125

Total ₹ at risk

₹1,000

Position value

₹31,250

Risk : Reward

1 : 2.50

Tool 04

The real cost of a trade

The real cost of a trade

Brokerage is one line among seven. Here's the whole receipt.

Charges breakdown

Brokerage (both orders)
₹40.00
STT (Securities Transaction Tax)
₹6.40
Exchange transaction charges
₹1.75
SEBI turnover fee
₹0.05
Stamp duty
₹3.75
GST (18% on brokerage + exchange)
₹7.51
Total charges₹59

Gross P&L

₹600

Net P&L, after every charge

₹541

Approximate breakeven sell price

501.19

Rates used above are illustrative and simplified for teaching — brokerage plans, STT, exchange charges, SEBI fees and stamp duty all vary and change by regulation. Always check your own broker's contract note for exact charges.

Tool 05

Drawdown recovery math

The drawdown math nobody explains

The gain needed to recover grows faster than the loss itself. This is the entire argument for capping risk per trade.

50%

...you need a gain of

+100.0%

just to get back to where you started.