INTRADAY TRADING AND CHART ANALYSIS
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INTRADAY CHART ANALYSIS |
Do you lnow that intrady timing is the very important timing of intrady trading? intraday trading
analysis is the study of intraday time frame and then working out on how place intraday
Daily chart analysis are most commanly used in intraday trading ( Technical chart ) which represent
Daily chart analysis are most commanly used in intraday trading ( Technical chart ) which represent
the prise movement of one day interval.it is benificial for analysing the short and medium term periods. most of the intraday trader prefer 15 min chart as well as 10min and 5min charts here
we will analysis tool for intraday trading
#1 Hourly intraday trading charts
Hourly intrday charts are very useful in the day trading because in these hourly chart we know
about perticular stock movement in between that perticular time period so most of intraday trader
use hourly chart
#2 30-min charts
The 30 min chart also the very useful in the intraday trading most of the intraday tradaer aslo use
these time frame chart and analysing the movement of that perticular stock and index these 30 min
charts shows stock open high low and close so trader must know the movement of perticular stock
and clear picture of volatility of that stock
#3 15-min charts
The 15-min charts also useful in for an hourly sessions of that stock these chart shows 15 min prise
movements and volatile of that stock these chart also useful for short term as well as long term trends in the market most of the day trader are use 15-min chart for intraday trader
#4 5-min charts
The time frame for analaysis can range from few trading minuts to few trading hours which is the interval of prise that are considered for example the 5-min technical chart plots are open high low close of that stock 5-min charts commanly used by intraday traders as it gives signals break-out
#5 Tick trade intraday techical charts
Tick is a prise point which occurs in millisecond or in a minute these type of chart can be useful
only if security is very high levels of liquidity and also it shows distint trends in very short term
trends these type of charts represents every trade that exicuted on the stock in additoin these type of
intraday charts are useful by intraday expert trader who trade with large volume and small spreads 3
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