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Weekly traders and intraday traders can use candle stick analysis.
In Doji, high volume indicates trend reversal.
People who want to trade for short term positional (weekly or for two-three day purposes) can use the Candlesticks analysis. Volume is important in this analysis in case of Trend reversal period.
Candle should not be used for intra day and long term.
Weekly Traders & Intra- Traders use candle stick analysis.
Weekly Traders required – weekly voluem
Intra- traders required 5 mins or 10 mins volume
Traders trading weekly and for 3 to 4 days can used candlestick as gives clear view of shor term analysis
Volume of share is the most important factors
Intraday trading should not be done bu candlesticks
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