Candle stick Charts - Introduction

                 

                     To analyse the stock market trend, so many calculators, charts and indicators are available.  But most of the technicians are using candle stick chats.  Candle stick chart requires the basic four market prices such as Opening price, High price, Low price and Closing price.   So you can easily know the entire price movement of a particular period.  You would not get these price variation information in line charts. 

                      If opening price is less than the closing price, the candle stick will have a white body as shown below.

                     If closing is lower than the opening price, the stick will be as below.

                      For different time intervals, these prices are converted into sticks and these regular interval sticks forming a chart as below.

                         By differenciating the stick size, we can predetermine the price movement.  Now we see the different types of candle stick and every type is called as pattern.