How to Trade by Reading Intraday Charting Software in Nse.

A1 Intraday Tips has a expert team of technical analysis who have a experience of 15 years in Trading in Share Market. They have seen lot of up and downs in the share market. They have seen bearish trends and bullish trends. Short Selling should be done in Bearish Trend to make money in share market. They are very well versed with the technicals of the market and track the charts of the stock before they provide stock tips in those share.


Charts are a powerful tool when you need to analyze large amounts of data in a simple and fast manner. A chart is a tool. It cannot see into the future but it can help us decide what to do right now no matter what type of investor – short-term or long-term. It helps intraday trader to judge the market correctly. The Best Thing about the chart is the ability to read market sentiment regarding a stock. The Japanese were the first to use technical analysis to trade one of the world's first rice futures markets in the 1600s. A Japanese man by the name of Homma who traded the futures markets in the 1700s discovered that although there was link between supply and demand of the rice, the markets were also strongly influenced by the emotions of the traders. They visually represent data that can sometimes span decades, and present this data in the form of a single page image that condenses and portrays all the vital data. Intraday trading is a profession where a lot of information needs to be processed quickly, and you need to be able to derive reliable results from the information presented to you, that too in as little a time as possible. Prices can move very quickly at times, and the amount of profit you make, or the loss that you suffer, often depends on how quickly you are able to assess the direction in which the market is heading, and then take steps to safeguard your investments against possible steps, while you also invest more heavily in the ones where you are convinced that you will perform well.

Types of charts for Intraday Traders in Stock market

There are primarily three different types of charts that are commonly used by traders. They serve different purposes and every trader has a preference for one or the other based on the kind of data points that they like to see.

How to Read Line Chart for Intraday Trading

Line chart gives us the quick view of the market trend. It also gives you quick view of support and resistance levels of particular stocks. A simple line graph that marks the closing rates of a stock over a period of time. It is basic and very elementary in nature, but helpful when you need to observe the general performance of a stock over a period of time. A style of chart that is created by connecting a series of data points together with a line is known as Read Chart. It does not show information about things like opening prices , or the highs and lows during the day, but since most traders consider the closing point to be highly important, line charts are very popular among them. Many stock tips include these charts to point out their reasoning behind supporting a particular stock.

Line Chart

Bar charts for Trading in Markets

These are the most popular type of chart used in technical analysis. Bar Charts these are the most popular type of chart used in technical analysis. The bottom of the bar shows the lowest price of the day, while top of the bar shows the highest price of the day. Opening Trade price is indicated by small horizontal bar on the left side of the bar. The closing trade price is indicated by the small bar on the right of the bar. The bars can be plotted vertically or horizontally. A vertical bar chart is sometimes called a column bar chart by stock traders. Bar charts are usually scaled so that all the data can fit on the chart. Detailed bar graphs are used by traders to plot data points like closing value, as well as the highs and lows. There are several key legends that you will need to familiarise yourself with which will help you use bar charts more effectively, and once you learn how to read trade charts, you will be able to derive a lot more value from stock market tips.

Bar Chart

Candle stick charts for Stock Traders

This is a Very Simple Chart but also powerful chart. Professional Stock Traders use this charts to get better profits in nse market. Candlestick charts are one of the two most popular trading charts, because of the range of trading information that they represent, and their ease of reading and interpretation. One of the greatest values of the candlestick chart is the ability to read market sentiment regarding a stock. Candlestick charts consist of a wide vertical line, and a narrow vertical line. Each candlestick includes the open, high, low, and close, of the timeframe, and also shows the direction (upward or downward), and the range of the timeframe. Similar to bar charts, candlestick charts are a visual upgrade on the way that market data can be interpreted by you, and use a combination of bars, colours and strategic dashes to quickly convey to you all the necessary information that you need in order to make an accurate market assessment. Be careful though, since different share market tips use different colour schemes so make sure that the chart you are reading uses the same colour scheme that you are used to.

Candle Stick Chart

Use charts to become a most successful Intraday trader

Being a successful Intraday trader is all about judging the market correctly, and charts can help eliminate useless information, while letting you work with exactly what you need to know. Start using charts along with our share tips services.

• A chart is a tool. It cannot see into the future but it can help us decide what to do right now no matter what type of investor – short-term or long-term.
  
• It Helps Intraday trader to judge the market correctly.
  
• A Chart is a best powerful tool when want analyze large amounts of data in a simple way but very fast.
  
• The Best Thing about the chart is the ability to read market sentiment regarding a stock.
  
• You can compare the Buying / Selling Recommendations from top advisory companies if you read the charts carefully. If your charts also signals the same, you can do the trade to get more profits without any hassles.