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Candlestick analysis is a form of technical analysis where chart formulations using candlestick patterns allow an investor to evaluate when it is time to buy, time to hold and time to sell. Evaluation using candlestick is more effective topredict for a short term like a weeks time.
candle stick analysis was simple and powerful analtical method calculating the demand and supply. its useful for a traders in weekly basis activity.
its evaluating the risk and return of an investment in shorter period of time.
candle stick analysis
1.doji
2.engulfing pattern
3.piercing pattern
4.hammer
5.hanging manit was introduced by japanese people. trader uses this chart to predict the price
even though there are lot of charts candlestick pattern is more powerful than other charts. it gives entire data about the stocks like open, close, high, low prices for both intra, weekly, monthly traders.
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