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

[Dipakk Mehta]

Candle sticks are a type of charts which indicates highest, lowest, starting and closing trade in a single candle stick for a particular time period. Usually candle stick analysis is used for trades within a week time .green stick indicates bullish and red stick indicates bearish. Candle sticks are available in time periods of minutes, hours and days.

[S Suresh]

Candlestick analysis is a Japanese way of analyzing the price movement. If a green candle is formed then it is a bullish candle and if a red candle is formed then it is a bearish candle. With different candle formations the price movement and trend can be identified by the traders and this will help us to take a long or short sell position in intraday and weekly trades.

[Vijayavani]

Candle stick analysis is done to invest on weekly trades. Candle stick chart is formed using the starting price and the closing price of the stock. It will be green in color for bullish trend and red in color for bearish trend. Its real application is, we can take long position if it is green and short when it is in red.

[Rajesh kumar]

In candle stick analysis a green candle is formed then it is a bullish candle and if a red candle is formed then it is a bearish candle. With different candle formations the price movement and trend can be identified by the traders and this will help us to take a long or short sell position in intraday and weekly trades.

[suraj]

With candlestick analysis we can come to know the daily open, close and high and low a stock hit on a particular day. It can be useful to predict the stock movement on a short term basis.

[Author]

Posts