About

How MoneyVeda works

MoneyVeda explains what Indian markets did today, scans NSE stocks for chart patterns after every close, and runs calculators built around Indian tax and investment rules. This page covers how each part is produced, where the data comes from, and — just as importantly — what it cannot tell you.

What's here

Three things, one site

📡

Market Pulse

Pre-market cues, intraday updates every 30 minutes, and a post-market wrap — written without the analyst shorthand.

 🕯

Chart Patterns

Sixteen candlestick formations scanned across NSE stocks after every close, filtered by trend, volume and liquidity.

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Calculators

SIP, EMI, FIRE, PPF, EPF, NPS and income tax — using Indian rates, Indian inflation and current-year tax slabs.

Methodology

How the candlestick scan works

Most pattern screeners run a detector across a list of stocks and publish whatever it returns. That produces a great many signals and very little meaning, because a candlestick pattern is only interpretable in context. MoneyVeda applies three filters before a stock is listed.

  1. Detection

    Daily open, high, low and close data is run through TA-Lib's candlestick functions — the same reference implementations used across the industry — to identify sixteen named formations.

  2. Trend filter

    A reversal only means something if there is a move to reverse. Bullish patterns are listed only when the previous close was below the 20-day average; bearish patterns only when it was above. The same two candles mid-range are discarded as noise.

  3. Volume confirmation

    The day's volume is compared to the stock's own 20-day average. At 1.2× or higher the signal is marked Confirmed — the move had participation behind it. Below that it is marked Thin and shown, but flagged.

  4. Liquidity floor

    Stocks with median daily turnover under roughly ₹2 crore are excluded entirely. On a thin counter, one large order can manufacture a textbook pattern that reflects nothing about supply and demand.

  5. Tiering

    Each result is tagged NIFTY 50, NIFTY 100 or BROADER, and results are sorted so confirmed large-cap signals appear first rather than whichever small cap moved most.

Sources

Where the data comes from

Price data
Daily OHLCV for NSE-listed stocks, retrieved after each market close.
Stock universe
Official NSE Indices constituent lists for the Nifty 50, 100 and 500, refreshed when the exchange rebalances — twice a year, in March and September.
Scan schedule
Runs automatically at 16:45 IST, Monday to Friday, 75 minutes after the close so end-of-day prices have settled. On market holidays no new data is published.
Tax and scheme rates
PPF, EPF, NPS and Sukanya Samriddhi rates as published by the relevant authority; income tax slabs for FY2025-26 (AY 2026-27).
Market commentary
Generated from live market data and public corporate filings, then written up in clear language. Published on a fixed intraday schedule.

Limitations

What this is not

Being clear about the boundaries matters more on a finance site than anywhere else, so here they are plainly.

Not investment advice

  • Nothing on MoneyVeda is a recommendation to buy or sell any security.
  • No content here is produced by a SEBI-registered investment adviser.
  • Nothing accounts for your income, tax position, risk tolerance or goals.
  • Consult a SEBI-registered adviser before acting on anything you read here.

What chart patterns can and cannot do

  • A candlestick pattern describes what already happened in a session. It is not a forecast, and no pattern works reliably on its own.
  • Detection is fully automated. It does not know about results announcements, block deals, corporate actions or news that would explain the day's move.
  • Prices are unadjusted, so a stock trading ex-dividend or ex-split can produce a gap that looks like a pattern but reflects mechanics rather than sentiment.
  • Every pattern page includes a section on how that specific formation commonly fails. Those are worth reading before the signal list.

Data quality

  • Market data may be delayed, incomplete, or contain bad ticks.
  • Calculator outputs are projections based on assumed rates of return. Actual returns will differ, and past performance does not indicate future results.
  • If a scan cannot fetch data, the previous session's results remain visible rather than being replaced with something incorrect.

Access

Free, and staying that way

Everything on MoneyVeda is free. There is no signup, no login, no paywall, and no advertising anywhere on the site. Nothing here is sponsored, and no broker, fund or product pays for placement.

MoneyVeda is an independent project, built because the tools available to Indian retail investors either cost money, demand an account, or explain markets in language written for professionals.