Stock Market Strategy with Candle Stick Chart and Heiken Ashi Chart #2


In share market there are various tools are available to understand the movement of the share price.Candle Stick Chart also a tool to understand the price movement of a stock or share.

In this picture it is clear that what is the meaning of a candle. You can select any time frame of a candle. If you choose 1 hour Candle then every 1 hour 1 candle will create.

Candle stick chart is very popular in share market to understand the price movement of a stock and for technical data also.

There are 2 kind of candle will create. If stock will move in positive direction then Green candle will create and if the stock will move in negative direction then Red candle will create.







Heiken ashi chart is modified chart of normal candle chart. Normal chart is the Actual price movement chart of the market. But heiken ashi chart is showing very smooth movement of price.

Due to smooth movement Heiken Ashi chart is very popular in stock market for trading purpose.

You can compare the 2 picture and you will understand that how price are smoothly moving in heiken ashi candle.

You can take heiken ashi candle also
for any time frame. if you choose 1 hour heiken ashi candle then it will show price movement accordingly.

Heiken ashi chart is a very good for trend analysis also. Due to very smooth movement of heiken ashi chart we can predict the stock trend very easily in compare normal candle stick chart.

But if you want the exact price movement, then we have to follow the normal candle, because it is the exact representation of price movement.


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