Investigation of spectral evolution of four black hole candidates was carried out by using color-color diagram as well as spectral fitting on Swift/XRT data. Newly found candidates, which are classified as low-mass X-ray binary system based on their transient nature, are the focus of our work. We compare their spectral evolutions to that of XTE J1752-223, a transient system and a more convincing black hole candidate whose mass has been determined from spectral-timing correlation scaling. In addition, comparison to Cygnus X-1, a well-known stellar-mass black hole, was done despite its persistent nature. The spectral fitting, by using a combination of thermal disk and non-thermal component model, results in the innermost temperature values in the range of the typical innermost temperature of black hole binary which is 0.7 – 1.5 keV. The spectral evolutions of the candidates bear a resemblance to both Cygnus X-1 and XTE J1752-223. We note that during Swift/XRT observations, the spectra of Cygnus X-1 and IGR J17451-3022 are mostly dominated by the non- thermal component. We conclude that the compact object of MAXI J1535- 571 and MAXI J1828-249 is highly likely to be a black hole. However, the lack of data rendered conclusive result impossible for IGR J17454-2919.
ACCRETION FLOW DYNAMICS OF MAXI J1659-152 FROM THE SPECTRAL EVOLUTION STUDY OF ITS 2010 OUTBURST USING THE TCAF SOLUTION