What is Candle stick analysis? Its evaluation and it real time application?

[kanakaraj]

Candle sticks analysis is the advanced version of bars carts with colors denoting Bears with red body and Bulls with green body.It helps to identifying the trends.
The real time application will be weekly traders and intra day traders.

[KRISHNA KUMAR MS]

Candle sticks analysis is a technical analysis. It is the modified version of bar charts with colors denoting Bears with red body and Bulls with green body.

It helps in easily identifying the trend.

Its real time application is for  short term positional trading (only for two or three days to a maximum of a week).

[Ravishankar]

Candle stick help us to derive the price moment and it’s easy to identify the indicator rather than line or bar chart.

It’s a trend followed by japense and later it was accepted by western market. It is useful for short term investor or weekly traders.

[sreevalli]

Candlestick analysis is the technical analysis which gives a clear visison of bar chars through colour differentiation like red for bearish and green for bullish

In real time application candlestick are used for short term traders(2 to 3 days)

[davidrajan]

Candle stick is the bar char with various colour which can be easily understood

its short term in nature

 

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