Viewing 5 posts - 6 through 10 (of 262 total)
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  • #6433
    V.VEDANAYAGAM
    Participant
    Rank: Level 5

    Candle stick analysis is also based on demand and supply
    candle stick is the blue print of the stock trading at all times in a day
    More over the type( BULL/BEAR)of the candle reflects the day trend of the stock
    IN short candle stick analysis is the X ray of the stock market
    Hence by mastering this one can even be a day trader with confidence

    #6436
    Ramesh
    Participant
    Rank: Level 5

    Candle stick analysis is first founded in Japan and it was used during rice trade to determine the demand and supply. It is used to determine the short term trend.

    #6658
    Swathi
    Participant
    Rank: Level 2

    Used for weekly. Initially used by japa, but alsoadopted by the westerners later

    #6733
    R.Durga Prasad
    Participant
    Rank: Level 4

    Candle sticks analysis is the modified version of bars with colors denoting Bears with red body and Bulls with green body.It helps in easily identifying the trend.

    Its real time application is only for a week.

    #6753
    Naveen
    Participant
    Rank: Level 6

    candle stick is done through chart to determine the demand and supply and it is applicable for weekly traders.

Viewing 5 posts - 6 through 10 (of 262 total)
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