Rohan, a retail investor, is analyzing the daily price movements of the shares of XYZ Ltd. using candlestick charts. He understands that a…

CA Final · Advanced Financial Management · MTP · November 2026
Rohan, a retail investor, is analyzing the daily price movements of the shares of XYZ Ltd. using candlestick charts. He understands that a candlestick chart presents four important prices for a trading day—Opening Price, Closing Price, Highest Price, and Lowest Price.On examining the price data of XYZ Ltd. for five consecutive trading days, he obtains the following information: Day Opening Price (₹) Highest Price (₹) Lowest Price (₹) Closing Price (₹) Monday 150 165 145 160 Tuesday 162 168 155 158 Wednesday 158 170 150 158 Thursday 160 175 159 172 Friday 173 178 165 167 Based on the above information, answer the following questions.
(A) Tuesday only
(B) Monday and Thursday only
(C) Wednesday only
(D) Friday only

Suggested Answer and Working Notes:

Correct Answer: Option (B)

Monday and Thursday only
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