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Technical Analysis | Prashant Shah On The Evolution Of Charting Methods

One must understand charting methods to make the right trading decisions, Definedge Solutions CEO Prashant Shah says.

A trader looks up at an electronic screen displaying stock prices.  (Photographer: Asim Hafeez/Bloomberg)
A trader looks up at an electronic screen displaying stock prices. (Photographer: Asim Hafeez/Bloomberg)

To make the right trading decisions, one must choose their tools wisely. And Prashant Shah, founder and chief executive officer of Definedge Solutions, a leading practitioner of one-dimensional noiseless charts in India, said that involves understanding the differences and benefits of various charting methods.

Shah explained how one-dimensional charts like point-and-figure and Renko differ from other widely used traditional charting solutions, and their advantages.

WATCH | Definedge Solutions' Prashant Shah decodes different methods of charting