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All you wanted to know about candlestick charts

Every aspect of candlestick chart helps traders easily read a trend even if he/she has a basic understanding about candles.

Topics
technical charts | markets at all time high | Markets Sensex Nifty

Avdhut Bagkar  |  Mumbai 

There are various chart types available for technical analysis, including line charts, renko charts, bar charts, among others, but none is more popular than the candlestick chart form. Traders and analysts prefer candlestick charts as they are relatively easier to read.

Each candlestick represents a trading session and gives information about the open, high, low, and close in a more precise manner than other chart types. Every aspect of candlestick chart helps traders easily read a trend even if he/she has a basic understanding about candles. That said, one has to master the study of ...

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First Published: Wed, February 03 2021. 08:33 IST
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