Stock market charting refers to the graphical representation of the stock prices. It shows the price movement of the stock across a time horizon. This representation can be presented through different types of charts. These share market charts have two axes. The horizontal axis shows the time frame and the vertical axis displays the stock price or the trading volume corresponding to each period. Bar charts, candlestick charts, point and line charts are some of the common stock market charting methods.
In short term trading, share market charting is important as it can help to find out the best entry and exit points. Charting tools including charting software can help traders to select the right time to buy and sell a stock. NSE and BSE are two popular websites for stock market charting.
IndiaNivesh also offers share market charting to traders. Users can use it to track stocks listed on NSE and BSE. Add the name of the security and the chart will be displayed. Traders can also compare two stock prices. The data is frequently updated on the website.
So, use stock market charting to earn profits and minimise loss.