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Analyzing charts is an important daily requirment for traders.
As such we will learn some basics first.
See the chart above. This is called a line chart . The chart dispay
the intraday price movement of 'HDFCBANK'. The timeframe is one day
Please note down the follwing things.
What is the opening price?
what is the closing price?
What is the highest/lowest price for the day?
What do you understand by higher low,lower high?
Disclaimer: The sole purpose of this blog is for Education to the exclusion of all other things. Simply 'paper tade' till such time you get confident and are able to set your own targets.
Disclaimer: The sole purpose of this blog is for Education to the exclusion of all other things. Simply 'paper tade' till such time you get confident and are able to set your own targets.
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