your chart can be made to look any way you like depending on the time periods you choose to use.
When using certain periods + indicator combos if you want to be taken seriously as an objective poster, state the periods and tell us why they are most useful etc, seeing as you predict (repeatedly) your ‘as hoped’ price.
the thing is that a chart is only as good as the perimeters that are programmed (by the user who is preferably never ever using default variables.
A weekly chart shows a constant uptrend with INR and when lined up beside announcements the rationale is obvious - that price jumps are not charting anomalies but they are in fact justified re-valuations by the marketplace.
So what variables, indicators and periods do you utilize in order to hone in on the likelihood of your ‘hoped’ price?
Then we may be able to agree or disagree on what those things are indicating.
You just haven’t done a lot of explaining the whys, perhaps you are new to this, I’m not sure.
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Open | High | Low | Value | Volume |
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10 | 1011740 | 0.245 |
16 | 474496 | 0.240 |
10 | 782668 | 0.235 |
13 | 788915 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 557490 | 18 |
0.260 | 220593 | 7 |
0.265 | 135740 | 4 |
0.270 | 323725 | 5 |
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