Price Action Trading: Technical Analysis Simplified! by Sunil Gurjar (Chartmojo)
If you are passionate about trading and want to understand the stock market beyond the noise of indicators, the book “Price Action Trading: Technical Analysis Simplified!” by Sunil Gurjar (Chartmojo) is a must-read. The book breaks down complex trading concepts into simple, actionable strategies that even beginners can follow.
In this article, we’ll explore the key highlights of the book, what makes it different, and how it can help you master chart patterns, candlestick analysis, breakout strategies, and more.
About the Author – Sunil Gurjar (Chartmojo)
Sunil Gurjar, popularly known as Chartmojo, is a well-known name in the Indian stock market education space. Through his YouTube channel, workshops, and courses, he has simplified trading for thousands of learners. His book is an extension of his teaching style — practical, easy to understand, and result-oriented.
What the Book Covers
The book is designed for both beginners and intermediate traders who want to gain clarity on price action trading. Instead of overwhelming readers with too many indicators, Sunil focuses on the core concept: price tells the real story.
🔹 Key Topics Covered:
Chart Patterns – Head & Shoulders, Double Tops/Bottoms, Triangles, Flags, and Pennants explained with real-life examples.
Candlestick Patterns – Doji, Engulfing, Hammer, Shooting Star, and how they signal reversals or continuations.
Breakout Patterns – How to identify genuine breakouts vs false breakouts.
Support & Resistance – The foundation of technical analysis, explained in simple terms.
Risk Management – Why protecting capital is more important than chasing profits.
Trading Psychology – Controlling emotions and building discipline as a trader.
Why This Book Stands Out
Unlike many trading books filled with heavy jargon, Sunil Gurjar explains concepts in a simple, practical style. Charts and illustrations make it easy for readers to visualize patterns and apply them in real trading.
The book’s biggest strength is its focus on price action — avoiding over-reliance on lagging indicators and instead learning to read the market directly through price movements.
Who Should Read This Book?
Beginners – If you are new to trading, this book builds a strong foundation in technical analysis.
Intermediate Traders – If you already know the basics but struggle with execution, the strategies here can sharpen your skills.
Stock Market Enthusiasts – Anyone curious about how price charts reveal market psychology will benefit.
Final Thoughts
“Price Action Trading: Technical Analysis Simplified!” by Sunil Gurjar (Chartmojo) is a practical guide that equips traders with tools to decode market movements. Whether you want to trade intraday, swing, or positional, the concepts of chart patterns, candlesticks, and breakouts explained in the book can significantly improve your trading journey.
If you’re serious about learning the art of price action trading, this book is definitely worth adding to your library.