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Now we will understand the concept of a candle, since we are going to do candlestick analysis.

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It is important to understand the basic terminologies associated with a candle.

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So a candle has two broad parts.

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So a rectangular part, which you can see here, is called Esbati.

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So this is the body of the candle.

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And there are two extreme points.

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They are as Vic or Shadow.

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Aput.

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Point is called upper shadow and lower extreme is called lower shadow.

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You can have two types of broadly candles.

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One is called as one candle and another is candle.

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Bulk candle is a candle where open is lower at lower side and closes at a higher side.

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So that means on that particular date, market closed higher.

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Then it's open when talking about work and openings at top and lose at the lower side.

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So let's say open at one hundred and close at 90.

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And in this case, open at 110 and close at 125.

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These extreme points are called as high and low.

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So let's say the highest point at which the stock was traded was 130 and lowest point was C ninety five.

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So this is how you have to understand the concept of Candle will be talking more about this incoming

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slate.

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But here you just understand that the candle has two important parts, a body and a week.

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So because an upper side as well as lower side, and this is how you have to understand the candle,

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I hope you have understood the concept.

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Let's go to the next video.