Which technical chart is suited for long term investment?

#5
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
 

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sudoku1

Well-Known Member
#6
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.....;)
 

Prabhjeet

Well-Known Member
#7
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
 

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