Stock market follows different methodologies.
Some analysts use different chart patterns to determine the next move of the market.
Candlestick pattern is one of the methods used by inverstors or traders to determine th next moov.
Candlestick pattern is a Japanise method .
Some basic patterns of Candlesticks are.
Hammer
Hangingman
engufing
cloud
and Doji.
Doji occurs when the stock move higher and lower through out the day,
But at last settles at the openning price so both the starting and end price for the day are same.
Doji is a powerful pattern which suggests reversal in the momentom.
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