Which technical chart is suited for long term investment?

sanjeev_g · #1 18th June 2008, 04:52 PM

for long term investment( 2 years and more) purpose which type of chart should i use???
day, weekly or monthly chart?

moneygurukul · #2 18th June 2008, 06:21 PM

Quote:

Originally Posted by sanjeev_g

for long term investment( 2 years and more) purpose which type of chart should i use???
day, weekly or monthly chart?

Weekly & Monthly.

beginner_av · #3 22nd June 2008, 07:56 PM

also 65 days, quarter, half year, annual, decade.

hari09omkar · #4 23rd June 2008, 09:57 AM

Quote:

Originally Posted by beginner_av

also 65 days, quarter, half year, annual, decade.

Exactly.But the best two of these are 65 days chart and decade chart.

RituGarg · #5 30th June 2008, 11:32 AM

Quote:

Originally Posted by sanjeev_g

for long term investment( 2 years and more) purpose which type of chart should i use???
day, weekly or monthly chart?

It does not make much difference which chart u see , what matters most is what you are looking in that , and what factos you are analysing in that chart

I have attached 3 years daily chart of Maruti ,

in this chart black line is of 20 DMA and blue line is of 50 dma.

And see how easily can be a stock traded Profitable in long term with this 20 -50 DMA Crossovers.

Just an suggestion only

sudoku1 · #6 30th June 2008, 11:40 AM

the chart which makes money for u & keeps the losses limited is best...

but for that.......the ART of reading is imp.....
there r many people making money.....but r they increasing their wealth ?
if a golf player puts in millions in the game..... with bringing in the finest tech.....the best of grounds...he is playing....but what if he does not invest in increasing the knowledge of the game /??....
so money should b invested in knowledge first....just buying stocks with the help of charts wont make one a billionare....he has 2 invest in chart knowledge.....

prabhjeetrana · #7 2nd July 2008, 12:37 PM

If your investment horizon is 2-3 years then the best charts for you will be monthly charts. As you keep on increasing the periodicty to weekly and daily, the price noise will keep on increasing and you may need to give more time to your investments.

And please do keep in mind that you will have to give much larger space for your stocks to move up and down so you will have to keep your heart real strong.......lol

man4urheart · #8 8th July 2008, 07:09 PM

I had the same question few weeks back. Following link help me select the right time frame and it is very educative

http://www.babypips.com/school/which...d_i_trade.html