Candlestick Charts

• The Candlestick is a charts which show the important between what happened science the OPEN as well as prior days CLOSE(it display the high,low,opening and closing ).
• Candlesticks are one of the most powerful technical analysis tools in the trader's toolkit
• The Candlestick charts convey the information in a way that is visually efficient or we can say it is a leading indicator of market activity.

See the below Candlestick :

• The difference between the open and the close is called the real body.
• The amount the stock went higher beyond the real body is called the upper shadow. 
• The amount it went lower is called the lower shadow. 
• If the candle is clear or white it means the opening was lower than the high and the stock went up. 
• If the candle is colored then the stock went down.