Line charts in Technical Analysis : AS Chakravarthy NCFM Academy

About Line Chart in Technical Analysis Course in Hyderabad

Stock Market Course: AS Chakravarthy NCFM Courses in Hyderabad

 

The entire Technical Analysis broadly divided in to Three types, one is purely chart analysis and second is chart analysis with the help of indicators (here indicators means leading indicators & lagging indicators) and third Theories.

CHAPETER -I

PURELY CHARTS ANALYSIS:

For Chart Analysis we follow 3 types of charts.

Stage 1. Line Charts Analysis:– For Long term Trends Identification & Short term Trends identification

Stage 2. Bar Charts Analysis:- To know Trend reversals in short term

Stage 3. Candlestick Charts Analysis:- To know Trend reversal in short term

 

STAGE I:  LINE CHARTS:

The Line charts drawn with the help of closing prices. These line charts are plotted on daily, weekly and monthly closing price basis.

  • In the daily charts we use daily data and for the weekly and monthly charts we use weekly and monthly data respectively.
  • The prices are plotted on the XY Chart; where the X axis represents the time and Y axis represent the value of the Scrip.
  • One more important point the X axis represents the actually trading days and not the calendar days.
  • Here in technical analysis we discuss different types of trends (Direction of Movement) and patterns (Models or Shapes) with the help of line charts.

AS. CHAKRAVARTHY NCFM ACADEMY Hyderabad is the excellent Institute NISM NCFM Courses in Hyderabad, Ameerpet, Telangana.

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A.S.Chakravarthy
 

A S Chakravarthy NCFM Academy Hyderabad is reputed for its training delivery standards in the NISM & NCFM Classes in Hyderabad and most popular for Financial Markets, Capital Market, Derivative Market, Currency Market, Commodity Market, Fundamental Analysis and Technical Analysis Coaching in Hyderabad for Share Markets. a s chakravarthy NCFM Academy Hyderabad has imparted training to hundreds of batches and thousands of students since its inception and is considered to be monopoly institute in providing Mutual Fund Distribution Module NISM-Series 5-A, and NCFM Course Training in Hyderabad and The Oldest Institute Training on Stock Market Technical Analysis in Hyderabad Telangana for Trading & Investment : Skills, knowledge and career oriented practical training guidance to students, professionals and corporate organizations in Hyderabad. Especially his Technical Analysis Institute in Hyderabad for Professional Trading.