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Candle stick analysis simple and analytical method and this method is Japanese.
Candle stick two followed is bullish and bearish.
The bullish is without color in the box is bullish.
The bearish is with in color in the box is bearish
The application real time one day or intra day.A candlestick analysis is a technical analysis used to determine the price movement of the stocks/securities.
Candlestick charts have been developed in the 18th century by Munehisa Homma, Japanese rice trader of financial instruments.
Candle stick are easy to identify, the red means bearish and green means bullish. And we can also able to get the day open, low, close and top prices data very easily.
The application real time one day or intra day..
candle stick analysis is a type of technical analysis..its evaluated by Japanese & its is used in intra day trading
Candle stick analysis is a powerful tool to understand the near term market trend. This method is used to buy or sell the
stock within a week. This was found by japanese for rice trading 150 years back.
Candle stick analysis is used by the short term traders , mainly within a week, it is simple and graphical easy to understand tan tha line and bar charts, the green colour indicates the bullish trend and red the bearish trend ,the body indicates the open price and close price of the day, the upper tail indicates the highest price of the day and lower tail indicates the lowest price of the day.
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