#5paisaMasterClass by 5paisa In Technical Analysis Part -3, discover how #Candlestick chart helps you to determine possible price movement of a security based on past history. Join #5paisa School MasterClass with Dr. Sangeeta Wats, Associate Professor, NMIMS, for an exhaustive learning of the Candlestick chart and how to use them for identifying best trading opportunities. Grab your seat for tomorrow's live webinar. Date- October 7, Wednesday English session- @3-4pm Hindi session - @4:30-5:30pm Also please ask questions in the comment box. What is Candlestick Chart? Candlesticks are created by up and down movements in the price. While these price movements sometimes appear random, at other times they form patterns that traders use for analysis or trading purposes. In simple words, if you see the market as a battlefield of the buyers and the sellers , the candlesticks will give you a session by session report of the battlefield so that you can bet on the winning party. Key Takeaways: Candlestick charts are used by traders to determine possible price movement based on past patterns. Candlesticks are useful when trading as they show four price points (open, close, high, and low) throughout the period of time the trader specifies. Many algorithms are based on the same price information shown in candlestick charts. Trading is often dictated by emotion, which can be read in candlestick charts. Over time, individual candlesticks form patterns that traders can use to recognize major support and resistance levels. There are a great many candlestick patterns that indicate an opportunity within a market – some provide insight into the balance between buying and selling pressures, while others identify continuation patterns or market indecision. Start reading candlestick chart The best way to learn to read candlestick patterns is to practice entering and exiting trades from the signals they give. You can develop your skills and can start trading by opening a Demat Account with 5paisa. To open a Demat Account with 5paisa: https://bit.ly/3lM2BwC Or Simply download 5paisa Trading App: http://m.onelink.me/e6cc12fc For more information, visit our website: https://www.5paisa.com Stay socially connected with us, Join us on Facebook: https://www.facebook.com/5paisa Twitter: https://twitter.com/5paisa LinkedIn: https://www.linkedin.com/company/5paisa Instagram: https://www.instagram.com/5paisa/ Telegram: https://t.me/fivepaisaofficial