Candle Stick analysis is a technical analysis tool which helps to study the demand and supply of the market. It is used to determine the entry and exit point of the trader in the market. It is useful for the short term trader time for a day to weeks. Candlestick analysis gives us a detailed study of the open and close price also the high and low price and the colorful representation makes us easy to read and understand. It is very effective as a daily basis and also more effective in weekly basis. There is engulfing pattern, piercing pattern and doji. There is also hammer and hanging man.