1. Reading charts is important and one must progress gradually to get to the terms with charts else people easily get disillusioned on taking the name of charts.
2. I will discuss the basic and take all to the highest level of technical analysis and in this series we will discuss the Line chart and a chart speaks for itself as seen in SesaGoa chart. Line charts are drawn with the help of "closing" price of the stock.
3. A trend is visible in a single look and same is visible in SesaGoa as stock has been in an uptrend and has minor corrections from time to time. Red line in chart represents 50 day moving average (DMA).
2. I will discuss the basic and take all to the highest level of technical analysis and in this series we will discuss the Line chart and a chart speaks for itself as seen in SesaGoa chart. Line charts are drawn with the help of "closing" price of the stock.
3. A trend is visible in a single look and same is visible in SesaGoa as stock has been in an uptrend and has minor corrections from time to time. Red line in chart represents 50 day moving average (DMA).
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