ilmscore | Prediction Details
"Now I will tell you guys a what is a candlestick okay a candle This is how the stick looks after We will understand candlesticks in detail. Okay, this is how a candlestick looks like. Now let me explain a little more to you. I will not go into depth about this because You have to read it in detail as if it is a candlestick is one hour long okay just assume For now, just consider this a candlestick. If it's an hour old, what does it tell you? If it is green in colour, for example Green, I simply tell you the stock In market parlance, green means above red. Meaning below is ok if green means price Increase in red means fall in price, simple It is so clear that green and red are visible at some places. It will remain white instead of green, some brokers inside, however, it has been closed nowadays and Black will replace red, but today it will always be green. And you will only see red, okay now. Let's say this is a green candle, okay, green. If you see a candle on one side This means the price has gone up. Okay, now a If this is a candle of the hour, then you should It could even be for 1 minute, it's up to you. It happens now listen carefully beginners It will take an hour to understand If this is a candle, it will tell you for For example, this candle is from 2 pm to 3:00 pm. So it will tell you that at 2 o'clock this company At what price did the price start And at what price did it end, that is, at 2 o'clock What was the price, let's say for example ₹1 It had a price at 2:00 and it was like at 3:00. If it becomes ₹10 then what is this candle worth to you? It will tell that from ₹1 this price went up to ₹10 and Because it has gone up, this candle It becomes green, nothing complicated It's simple, the candle tells you that a The price of the share within that particular time Which we have just selected 1R. The hour selected is 2 to 3:00 pm If it is of then market is open between 2 to 3:00 pm Where did it open, meaning where was its price? It started at 2 o'clock and ended at 3:00 o'clock. Okay, so let's call this a candlestick."
By Trade with Purab | September 28, 2024 | Pending
From video
ULTIMATE PRICE ACTION COURSE 🔥 - 3 Hours Non-stop 📈 | Trade with Purab 00:13:01 - 00:15:04
Interpreted Prediction
A candlestick indicates the opening, closing, high, and low price of an asset within a specific timeframe. Green candles signify a price increase, while red candles signify a price decrease.

Prediction Details

Topic
Candlestick Chart Interpretation

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