Saturday, 16 May 2026

Charts

 Chart:

  • Chart basically has two axis i.e  x axis and y axis.
  • X-axis is time.
  • Y -axis is price.
  • Stock chart is a relationship of  price and time.
  • These charts show us how the price swings.
  • In simple words these charts show us how much a share cost and how many people are buying and selling.
  • There are different types of charts 
    • Candlestick chart
    • Bar chart.
    • Line chart.
Timeframe:

  • Charts can be viewed in different timeframe i.e 1 year, 6 months,  3 months, 1 month, 1week, 1 hour, 1 minute.
    • I view in Weekly - daily - 4 hour -1hour  - 30 minute -5 minute
    • Long term  - Quartly- yearly- monthly

My Take:
  • View each stock in daily and weekly view (candlestick)
  • Identify if its a uptrend with higher highs and higher lows.
  • Then move to 4hr to 30 minute timeframe.
  • Identify the support and resistance level.
  • Look for the volume its more than 500k.
  • Move to 15 minute  for entering an order.
   
Charting software
  •  TradingView 
    
My reference :
    • https://youtu.be/UU4ZQF-X9jE?si=0j0VZEI_IbkgyWFg
    • https://youtu.be/C5E5SlMzMMM?

No comments:

Post a Comment

<center><u>Charts</u></center>

  Chart: Chart basically has two axis i.e  x axis and y axis. X-axis is time. Y -axis is price. Stock chart is a relationship of  price and ...