Candlestick analysis gives the information about the day’s high,low,open,close.The body of the candlestick defines the bullish/bearish.volume data with candlestick analysis gives the clear picture of the price movement.
: It gives the information about the day’s high ,low open and close.Body of candlestick defines the bullish/bearish.
: General forecasting is within a week.
: It is useful for stock and future traders.Volume with candlestick analysis gives the clear stock movement.
: For bullish engulfing, latest bullish body should cover the previous day’s bear body. Recent fall in price, trading volume is slightly increases during previous two days.
BUY- Above previous day high
SELL – Below previous day low
: Latest bullish body should cover the previous bearish body atleast 50%.Recent price in fall.The upper tail is small in size.
BUY- Above previous day high
SELL- Above previous day low
: Doji means neutral, open and closing price are very near. Doji with high volume indicates trend reversal. sideways movement may not be considered.
