1
00:00:00,750 --> 00:00:04,590
Now here we will see how a candle is formed.

2
00:00:05,430 --> 00:00:13,530
Let's now see say that these are the prices on Y-axis and on x axis.

3
00:00:13,530 --> 00:00:14,270
We have time.

4
00:00:15,120 --> 00:00:21,270
The market started trading at one hundred, then see, for example, went to ninety.

5
00:00:21,270 --> 00:00:28,920
Then the fluctuation within this price points made a high of 140 and closed at 120.

6
00:00:28,950 --> 00:00:33,530
So this is the movement of market on any particular day.

7
00:00:34,230 --> 00:00:43,560
If this is the movement, then how candle will look like this is how the candle of this particular day

8
00:00:43,560 --> 00:00:51,690
will look like when it open at this price, which is one hundred represented by the starting point of

9
00:00:51,720 --> 00:00:59,510
the body, then 140 was the highest rated point, isn't it?

10
00:00:59,760 --> 00:01:04,800
So therefore it is represented by this very point, which is nothing but high.

11
00:01:05,520 --> 00:01:11,760
The 90 was the low and hence represented by the lower week and 120 was the close.

12
00:01:12,060 --> 00:01:22,340
Therefore, the body of the candle, which is closing at higher than the open, is represented by Glue's.

13
00:01:22,950 --> 00:01:26,340
This is how a candle is formed.

14
00:01:26,490 --> 00:01:28,710
Now let's see how birth control formed.

15
00:01:29,190 --> 00:01:31,820
It is nothing but inverse of one candle.

16
00:01:32,550 --> 00:01:40,500
Let's suppose that market started its first trade at 120, then did some fluctuation, made a high of

17
00:01:40,500 --> 00:01:41,180
140.

18
00:01:41,640 --> 00:01:48,610
Then again, it played within this range, middle of 90 and ultimately closed at one hundred.

19
00:01:48,900 --> 00:01:53,500
So opening price of this particular stock was 120.

20
00:01:53,880 --> 00:01:57,710
So for a bear candle, open will be higher and close will be lower.

21
00:01:57,900 --> 00:01:59,460
So open was 120.

22
00:02:00,180 --> 00:02:01,500
Glaus was one hundred.

23
00:02:01,620 --> 00:02:03,510
So this is the closing point.

24
00:02:04,080 --> 00:02:06,510
High was 140, which is nothing.

25
00:02:06,510 --> 00:02:09,060
But this price low was ninety, which is nothing.

26
00:02:09,060 --> 00:02:15,210
But this point, this is how a bull as well as a bear candle is formed.