Of course, I think like that, but I just wanted to know if it can be used or not.
Because if no one is using it, it means that, I should not be using it too, as it is intraday.
I can take contrarian bets in investing, all dumping a stock, I will buy it, not in intraday 
If you are looking to figure out what’s happening in the candles, you will need to know what trades are happening inside of that candle. For that you read the tape (time and sales data) or take help of something like an orderflow/footprint chart. That should give you a fair idea of what is happening at what precise price points rather than the entire candle itself which is rendered meaningless.
I do have a fair idea of as to the direction of the option, not that the idea is absolute, but it is fair in general, and I do take cues from a few things before making a trade. It is just that I have been used 5 minute candles since I started, I wanted to now if 5 minutes are alright or I should discard it and look at other time frames.