Candlestick

A candlestick is a type of price chart that displays four key data points for a security over a given time period: the open, high, low, and close. The rectangular body of the candlestick shows the range between the open and close, while thin lines (called wicks or shadows) extend above and below the body to mark the session's high and low. A green (or white) candle indicates the price closed higher than it opened, while a red (or black) candle shows a lower close. Candlestick charts, originating from 18th-century Japanese rice trading, are now the most widely used chart format among technical traders in India and globally.