CANDLE STICK 1

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