BASICS CANDLE STICK CHART
In our share market we are using
fundamental and technical analysis for buying or selling. We are using mostly
technical analysis. In technical analysis basic think is chart, with
out chart no one can predict anything.
Three types of charts
we are using
1) line chart
2) Bar chart
3) Candle chart
In these three charts mostly everyone using
candle charts only. Here after we will give each and every candles. And how can understand? How to use? Where to use? Everything
will be explained here. Firstly we have to see what are the candles using for
candle stick chart.
1) Doji 2) hammer 3) hanging man
4) inverter hammer 5) shooting star
6) spinning top & bottom 7)
stars 8) morning star 9) evening star 10) morning evening doji star 11)bullish &
bearish engulfing pattern 12) darkcloud cover 13 ) piercing pattern 14)
abandoned baby 15) harmi 16) gaps & windows 17) double bottom or top 18)
trible bottom or top 19) head & shoulder 20)cup & handle 21) bearish
candle stick breaks below support 22) bullish candlestick breaks overhead
resitance 23) bearish candlestick confirming downtrend 24) bullish candlestick
confirming uptrend etc……….
CANDLE S
DESCRIPTION
Candlesticks are usually
composed of the body ( red & green )and upper and a lower shadow. The area
between the open and close is called real body, price excursions above and
below the real body are called shadows. The shadows will shows the highest and
lowest prices of a security during the time interval represented. The body
shows the opening & closing trades. If the share closed above it’s opening price it shows green body. If the share closes
below it’s opening price it shows red body. Every one explain black & white
candles but here we are explain with green & red candles for easy
understanding. Red means bearish & green means bullish
Here basic of
candle view
All traders please wait for some
time for study all candles in our blog. We
will post all candles one by one. Keep watch good luck …
For further details contact on
spshreeragavakishoor@gmail.com