So here I will tell you what A doesn't tell you.
Canada has its own limitations.
You must be aware that although a candle can tell you many things, a lot of information, but there
is something that candle itself doesn't tell you, basically, Carol does not tell you.
What was the movement of that particular chair during that particular day?
Let's say this candle will candle which OpenNet hundred with low of 90, close of 120 and high of 140.
Now, this candle can be formed from the various ways.
For example, this market of one 800 went down to 90, up 140, then 120.
It can also be formed using this pattern started at very low of ninety, then went up again.
Medlow then went to his, then closed.
It can also be formed like this and it can also be formed like this.
So you cannot tell how it was formed and how it was formed.
Makes a lot of difference because see, for example, this is the area which will act as a resistance.
So there are three points from which the stock has returned.
So these data points are very important, which cannot be captured by a candle.
So this is you can see a sort of limitation of a candle, which you can overcome by going through the
smaller frame charts like this.
Let's now take the example of bank nifty chart.
So we'll focus on this last candle that is being formed.
This is a bullish candle.
Now, you don't know how these candles formed because there are various ways in which it can be formed.
So what you can do, you can go to law timeframe.
You can see here I go to five minute time frame.
And when you go to five minute timeframe, you can now know how this candles forms which started at
this point and made low, and then this is how it closed.
So you can overcome this limitation by always going into lower timeframe.