InvestorQ : I understand that there are charts for different time frames used for intraday trading. Can you throw some light on the same?
Abhisha Yadav made post

I understand that there are charts for different time frames used for intraday trading. Can you throw some light on the same?

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Bhavika Nehru answered.
2 years ago
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Technical traders analyze price charts to attempt to predict price movement. Here we are looking at price charts of past performance and that are used to extrapolate into the future. The two primary variables for technical analysis are the time frames considered and the particular technical indicators that a trader chooses to utilize. In fact, your time frame will depend on what you want to achieve as a trader. If you take a view for a few days then your data points will differ and if you take an hourly view then your data points will differ.

Technical analysis time frames are very important as the right chart has to be button holed to the right trading requirement. The technical analysis time frames on charts range from one-minute to monthly, or even yearly, time spans. You will be surprised but some technical charts go as far as 30 years and 50 years where you need to decipher very long term trends in the stock. But they are not common used by traders. Popular time frames that technical analysts most frequently examine include: 5-minute chart, 15-minute chart, Hourly chart, 4-hour chart, Daily chart etc.

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Dinesh C Nagpal answered.
9 months ago
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Intra day traders if trading in NSE stocks use 60/30/15 mins set up, Commodity traders use down to 5mins while Currency traders even trade in 1min time frame.
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