Candle stick analysis provide the opening , closing , highest and lowest price for a day
Candle tick analysis tells about the status of buyers and sellers in market
APPERARS FREQUENTLY- engulfing and piercing.
APPEARS RARELY-
hammer and hanging man.
DOJI – means neutral
Look like a star
It appears after a significant rally
It appears when the market open and closes at same level
Market switching between buyers and sellers.
MORNING STAR
Appearance of doji after a significant price fall.
Volume should be high during doji day
Create long position.
EVENING STAR
Appearance of doji after a significant increase in price
Volume should be high during doji day
Create short position.
