On horizontal line ....it is time from 9.to 16 and vertical line is indicating market price.
Red dotted line is last days close price
Means the market was closed at this price level yesterday
Green line is indicating market price at that particular time.
This chart is indicating about sensex moves …very basic chart …
Now open this link..this link will give u live chart of nifty ..
http://finance.yahoo.com/echarts?s=%5ENSEI#symbol=%5Ensei;range=1d;compare=;indicator=macd+rsi+volume;charttype=candlestick;crosshair=on;ohlcvalues=0;logscale=on;source=undefined;
It is nifty intraday chart
I selected some indicators
Like 1d means it is showing only 1 day’s trade period.
Next is moving average. I selected 50 and 20 period ma.
MACD and RSI ..
u can use other indicators too to predict future price move.... in technical analysis and there are so many indicators you may learn ...moving averages, relative strength index, MACD, Bollinger bands , Candle sticks, money flow index , W% R, oscillators, MA cross over, volume, on balance volume , stochastic slow and fast , trend lines, wave patterns and lot more…to learn technical indicators ..explore the net ..
how to setup google charts and predict market seeing that
always trade seeing google charts ... open this link
https://www.google.com/finance?q=NSE:NIFTY&ei=2tEzVIjtPISSlQW5zIDgCA
click settings
select candle sticks and default time 2 mins
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then click at technicals
and select ema 55 , ema 21 macd
and RSI for 14 period
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now chart is ready ...you can book mark it
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https://www.google.com/finance?q=NSE:NIFTY&ei=2tEzVIjtPISSlQW5zIDgCA
click settings
select candle sticks and default time 2 mins
http://prntscr.com/4tuywb

then click at technicals
and select ema 55 , ema 21 macd
and RSI for 14 period
http://prntscr.com/4tuzjs

now chart is ready ...you can book mark it
http://prntscr.com/4tv0qw

sir,
ReplyDeleteA good analysis but if am not bothering you as it is for learners it would be convenient if it is made live with arrows
regards
govind