1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Periods of charts

Discussion in 'Technical Analysis' started by verenmitter2001, Mar 11, 2013.

  1. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    dear Shabbir
    We understand daily charts for determine the entry and exit points with support and resistance.
    Seeing the short term and volatile market market how do we read 5 Min, 10min, 15 mins , 30 mins and 90 mins charts? I mean which is right period to consider while analysing stocks and specialy NIFTY.

    Regards
    Veren
     
    verenmitter2001, Mar 11, 2013
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    On Daily charts it is 2 min for intraday trading.
     
    shabbir, Mar 11, 2013
    Share #2
  3. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    what about position carried for 2 to 10 days
     
    verenmitter2001, Mar 11, 2013
    Share #3
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    I don't prefer taking position based on time and so if it is something in range of under a fortnight then it is always 2 mins bar.
     
    shabbir, Mar 11, 2013
    Share #4