Candle Sticks Chart

Before predicting the future movemnet of NIFTY its very important to know about candle stick chart ...because in current NIFTY chart they are playing a significant role...

Candle sticks are most widely used charts in TA...lets begin

Above are two candle stick charts....look at the first chart..it says that the open price (of stock etc) is 44...High is 55, Low is 11 and Close price is 25. Thus candle sticks reveal lot of informations....
The middle mart is called body of candle and upper and lower parts are called wicks...
For more on basics of candle sticks use follwoing link...
http://www.youtube.com/watch?v=b3NRuzQvuxA&feature=channel_page