Candlestick analysis is the Japanese way of understanding demand and supply. It is one of the most popular technical analysis widely used in determining the price movement in financial instruments. It is very much helpful for the positional traders in determining the price movement and entry point for the trade. It can be used for real time application. Positional traders can use Candle stick analysis. In Candle stick analysis the volume plays a key role in deciding the direction of the movement, we can confirm the reversal movement if and only there is a huge volume of stocks are traded. Engulfing, piercing, DOJI, Hammer are used techniques in candle stick analysis.

1 Comment
  1. Naresh 5 years ago

    Hi,
    You’re doing well.

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