1 00:00:00,420 --> 00:00:07,650 So this is very typical type of scandal that you will see in the market, you can see a long candle 2 00:00:07,650 --> 00:00:08,870 and a short candle. 3 00:00:09,540 --> 00:00:19,230 So a long candle is basically a candle whose body and whose range is bigger than the smaller one. 4 00:00:19,500 --> 00:00:27,220 So you can say that this candle has a longer range and bigger body than this candle. 5 00:00:27,240 --> 00:00:35,370 So this is basically a long and short candle, whereas this is a long bear candle and this is a smaller 6 00:00:35,580 --> 00:00:36,310 bear candle. 7 00:00:36,330 --> 00:00:41,980 So although these two are little candles, but both of them convey a different meaning. 8 00:00:42,630 --> 00:00:45,510 So you can read such type of candles. 9 00:00:45,720 --> 00:00:50,960 Let's see now when we talk about long candle, long candle has long body. 10 00:00:51,090 --> 00:00:56,290 So you can see here that this candidate has a longer body as compared to this. 11 00:00:56,790 --> 00:00:57,870 So what does it indicate? 12 00:00:58,260 --> 00:01:02,290 It indicates more intense buying pressure. 13 00:01:02,310 --> 00:01:09,030 When we talk about candles buying and when the hard work and selling, so you can see say, for example, 14 00:01:09,030 --> 00:01:16,680 the stock opened at one hundred at this case and it rises sharply and maybe closed at 130 as compared 15 00:01:16,680 --> 00:01:20,890 to this candle, which opened and closed at one zero five. 16 00:01:21,630 --> 00:01:30,360 So there is a higher pressure or higher efforts are required for this candle to get form to indicate 17 00:01:30,360 --> 00:01:34,170 that there is more intense by a lot of buying is happening. 18 00:01:34,500 --> 00:01:37,710 When we talk about long candle, so what does it indicate? 19 00:01:37,950 --> 00:01:45,750 It indicates that in this particular case, buyers were more aggressive and buyers were in more control 20 00:01:45,750 --> 00:01:48,330 of the market as compared to this. 21 00:01:48,540 --> 00:01:56,550 So extensive bullishness is expected in future when such kind of long candles are formed. 22 00:01:56,670 --> 00:02:04,650 If Sparkle is formed, then you can expect the bearishness in future because bulls would like to take 23 00:02:04,650 --> 00:02:11,180 benefit of this in future as well by taking the market even on a higher side. 24 00:02:12,050 --> 00:02:17,030 When we talk about short candles, short candles, these are the short candles. 25 00:02:17,580 --> 00:02:20,490 They indicate little price movements. 26 00:02:20,700 --> 00:02:27,750 You can see there is hardly any price movement in such type of short candles as compared to long ones 27 00:02:28,260 --> 00:02:33,900 that represent the consolidation so that the prison that market is getting consolidated, its market 28 00:02:33,900 --> 00:02:34,530 is forming. 29 00:02:34,530 --> 00:02:40,950 A base market is trying to trade itself in a range before giving a big move. 30 00:02:41,580 --> 00:02:48,390 It also indicates that buyers and sellers are exhausted and they're not interested in trading with each 31 00:02:48,390 --> 00:02:48,670 other. 32 00:02:49,140 --> 00:02:56,550 So it normally happens when markets, for example, fall sharply and after falling sharply wherein sellers 33 00:02:56,550 --> 00:02:57,420 have exhausted. 34 00:02:57,780 --> 00:03:05,730 You can see some three four short candles like this would indicate that sellers, they have their own 35 00:03:05,730 --> 00:03:06,390 limitations. 36 00:03:06,390 --> 00:03:09,520 They cannot continue to push the market down. 37 00:03:09,550 --> 00:03:14,640 There will come a point where they will get exhausted, their money will get exhausted, and they will 38 00:03:14,640 --> 00:03:15,930 kind of wait and watch. 39 00:03:15,930 --> 00:03:20,670 And then maybe a new move will start and then maybe a news alert will come and they will push market 40 00:03:20,670 --> 00:03:20,940 down. 41 00:03:21,360 --> 00:03:24,980 So this is how you can read this long and short candle. 42 00:03:24,990 --> 00:03:29,610 So they have a long body, very short candidates have a short body. 43 00:03:29,850 --> 00:03:34,260 We can see many of the such candles on the chart. 44 00:03:34,590 --> 00:03:43,800 You can see here, this is an example of a long candle there as well as this is an example of a short 45 00:03:43,800 --> 00:03:44,160 candle. 46 00:03:44,700 --> 00:03:50,740 OK, so you can see so many short short candles and a longer and this is a an example of a long candle. 47 00:03:51,030 --> 00:03:52,170 These are short candles. 48 00:03:52,560 --> 00:04:00,600 So you will see many long and short candles when you analyze the candles in market.