Need a clarification on construction of P&F charts
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Dear Team,
Can you eloborate the construction of P&F chart with an example I have a doubt regarding calculation suppose a stock current price is INR 100 & we try to plot 1%x3 P&F chart of this.First box of column X plot when price moves 1% means INR 1
Suppose price moves from 100 To 105 than plot 5 box on same column
Now 1% calculation done on price INR 105 means INR 1.05 required to plot next box & same for column revert
Is it I am right...???
If not please correct us. -
@Prashant Jaiswal Yes, you are right.
You can watch this video if you have any doubts.
https://www.youtube.com/watch?v=2dzubtUxp9o -
@Brijesh Bhatia @@Definedge-Experts
Dear Sir,
Thank you for sharing a reference video to clear my dout. I am a part of definedage security and also purchased a P&F gurukul course. My dout on zone web terminal calculations currently I am open ITCHOTELS chart on 1%X3 box value. On terminal shown CR=193.20 and CB=201.04 how to calculate please eloborate
