1 00:00:01,530 --> 00:00:05,820 We have long legs, long legs and spinning tops. 2 00:00:05,850 --> 00:00:07,620 They are one and the same. 3 00:00:08,550 --> 00:00:14,130 So basically it's a duty which has long shadows, which have long legs. 4 00:00:14,190 --> 00:00:15,370 So these are called legs. 5 00:00:15,890 --> 00:00:23,220 So these are the type of candles which have longer upper and lower shadows that are almost equal in 6 00:00:23,220 --> 00:00:23,550 length. 7 00:00:24,520 --> 00:00:32,640 They reflect a great amount of indecision and wearing bulls and bears try to push the market and pull 8 00:00:32,640 --> 00:00:34,560 the market in either direction. 9 00:00:34,740 --> 00:00:37,380 But at the end of the day, there was no clear cut winner. 10 00:00:38,100 --> 00:00:42,670 So more or less spinning top is what you can call it, long legs. 11 00:00:43,320 --> 00:00:46,470 There are two types of long legs that you can have. 12 00:00:46,980 --> 00:00:49,500 One is Dragonfly Dorji. 13 00:00:50,580 --> 00:01:03,810 Dragonfly Dhody is the one in which open and close is seen and you have a long shadow and you have a 14 00:01:03,810 --> 00:01:04,380 law here. 15 00:01:04,770 --> 00:01:10,770 So Dragonfly is the one in which open and close are at the same point. 16 00:01:11,340 --> 00:01:12,540 So what does it indicate? 17 00:01:12,540 --> 00:01:13,490 How can you read it? 18 00:01:13,950 --> 00:01:22,710 So let's assume that market open at this price 100, then bears try to push the market down and they 19 00:01:22,710 --> 00:01:26,730 took it will say, for example, 80 is this is a long leg. 20 00:01:27,330 --> 00:01:30,260 We can say that it pushed the market substantially down. 21 00:01:30,870 --> 00:01:37,560 So you can see it initially bears won the battle since they pulled the market down, but then bulls 22 00:01:37,560 --> 00:01:43,380 took control and they completely reversed the market and closed it at that hundred. 23 00:01:44,620 --> 00:01:55,440 This is how you can read it, Dragonflight, and it's a strong bullish ness at the end of the market 24 00:01:55,600 --> 00:01:59,290 by the by the time the market is closing with bulls were in control. 25 00:01:59,770 --> 00:02:01,110 So he had open highs and lows. 26 00:02:01,120 --> 00:02:07,150 They are equal and low, creates the long, low, lower share here. 27 00:02:07,150 --> 00:02:10,720 Sellers dominated the trading and low prices lower that value. 28 00:02:10,900 --> 00:02:16,300 But by the end of session, buyers pushed the prices back and closed prices higher. 29 00:02:16,600 --> 00:02:20,700 So long lower schedules provide the evidence of buying pressure. 30 00:02:21,190 --> 00:02:30,250 So this is basically represented by a buying pressure by the bulls and bulls pushed the market up. 31 00:02:31,060 --> 00:02:33,850 This is how you can read a dragonflight. 32 00:02:34,610 --> 00:02:38,700 Let's go to the chart and see if we can see some dragonflight here. 33 00:02:38,860 --> 00:02:39,460 Yes. 34 00:02:39,460 --> 00:02:43,870 This is where you can see a dragonfly here. 35 00:02:50,270 --> 00:02:51,570 So can you see the scandal? 36 00:02:53,270 --> 00:02:55,440 This is an example of Dragonflight. 37 00:02:55,730 --> 00:03:02,420 So I told you that a stock which normally moves in suckage will have Dragonfly doges. 38 00:03:05,430 --> 00:03:07,680 This is, again, an example, although. 39 00:03:08,610 --> 00:03:17,310 Open and close has some different, but, yes, you can you can see that well, moving towards the next 40 00:03:17,310 --> 00:03:22,430 type of candle, which is inverse to Dragonfly Doody is gravestone on. 41 00:03:24,160 --> 00:03:24,700 Verin. 42 00:03:25,850 --> 00:03:27,620 Open low and close. 43 00:03:29,020 --> 00:03:37,600 Are same and you have longer shadow, which forms the height of the market, but this is nothing but 44 00:03:37,780 --> 00:03:41,890 a very scandal wearing bulls tried to push market up. 45 00:03:42,850 --> 00:03:50,410 Then best to control and they completely push the market down, and then there was a clause where it 46 00:03:50,410 --> 00:03:50,850 opened. 47 00:03:51,280 --> 00:03:52,270 So this is how you can. 48 00:03:53,330 --> 00:03:59,220 Understand gravestone duty kind of this explanation is more or less the same. 49 00:03:59,270 --> 00:04:03,900 Let's go to the chart and see if we can see some gravestones in this case. 50 00:04:04,090 --> 00:04:06,510 See, this is the one I found. 51 00:04:06,510 --> 00:04:10,760 One is an example of a gravestone, isn't it? 52 00:04:11,100 --> 00:04:11,610 Market. 53 00:04:11,610 --> 00:04:13,590 Open the zoom out of it. 54 00:04:15,980 --> 00:04:18,410 Market open at this rate. 55 00:04:19,470 --> 00:04:27,060 OK, then we'll try to push it up, then numbers to control, and it went down and ultimately closed 56 00:04:27,060 --> 00:04:27,740 at this level. 57 00:04:28,260 --> 00:04:34,680 So you will not normally get Dragonflight and gravestone during the market. 58 00:04:35,160 --> 00:04:41,060 Normally, stock which runs in circuits will have such kind of candles. 59 00:04:41,370 --> 00:04:49,110 So what I advise you to stay away from such stocks because you will end up in a problem if you get stuck 60 00:04:49,110 --> 00:04:50,640 at the wrong level. 61 00:04:51,750 --> 00:04:53,440 So this is about gravestone. 62 00:04:53,940 --> 00:04:55,590 I hope you have understood this. 63 00:04:55,800 --> 00:04:57,000 Let's see the next type of.