This image is a typical advanced stock chart for Hyundai Motor India listed on the NSE. Let’s break down every element in detail.
A. Chart Header & Basic Information
This section gives you the core identity and current status of the stock.
| Term | Explanation | Example from Image |
| HYUNDAI | The name of the company whose stock is being charted. | This chart is for Hyundai Motor India Ltd. |
| 1m, 3m, 5m, 15m, 30m, 1h, D | Timeframe Buttons: These allow you to change the period represented by each candlestick or bar on the chart. – m/h: Minutes/Hours (for intraday trading). – D: Daily (each candle = one trading day). |
The “D” is selected, meaning each candlestick on the chart represents one full trading day’s price action. |
| Compare | A feature that allows you to overlay the price chart of another stock or an index (like Nifty 50) to compare performance. | You could click this and type “TATAMOTORS” to see how Hyundai’s performance stacks up against Tata Motors. |
| Indicators | Tools for technical analysis that are plotted on or below the chart to help predict future price movements. Examples: Moving Averages, RSI, MACD. | Clicking this would open a menu to add tools like the “Volume SMA 9” that is already applied. |
| NSE | National Stock Exchange. This specifies the exchange on which the stock is listed and being traded. | The price data is sourced from the NSE. |
| 2300.80 – 3.60 (-0.16%) | The Last Traded Price (LTP) and Change. – 2300.80: The price of the last trade. – -3.60: The absolute change in price from the previous day’s close. – (-0.16%): The percentage change. |
The last trade was at ₹2,300.80. This is ₹3.60 LESS than the previous day’s closing price, representing a fall of 0.16%. |
| Volume | The total number of shares traded during the selected period (in this case, for the current day). | 681,099 shares of Hyundai were traded today. |
| SMA 9 | Simple Moving Average (9-period). It’s a technical indicator that smooths out price data by creating a constantly updated average price. The “9” refers to the number of periods. | Since the chart is on “Daily,” the SMA 9 line (likely the orange one on the chart) shows the average closing price of the last 9 trading days. |
B. The Main Chart Area (Price Action)
This is the most critical part, displaying the historical price movement.
| Term | Explanation | Visual Clue in the Image |
| Candlestick | The primary chart type used. Each “candle” shows four key prices for its period (Open, High, Low, Close). – Body: The thick part. Open to Close. – Wicks/Shadows: The thin lines above/below. High and Low. – Green Candle (Bullish): Close > Open. Price went up. – Red Candle (Bearish): Close < Open. Price went down. |
The chart is composed of numerous red and green candlesticks. For example, a tall green candle indicates a day with strong buying pressure, where the price opened near its low and closed near its high. |
| Trend | The general direction in which the price is moving. | The chart shows a clear downtrend from around July (₹2,800) to November (₹1,800), followed by a recent recovery or uptrend from the lows. |
| Support | A price level where a falling stock tends to stop falling and may bounce back. It’s like a “floor.” | The area around ₹1,800 acted as a strong support level in November. The price touched it multiple times and then bounced upward. |
| Resistance | A price level where a rising stock tends to stop rising and may fall back. It’s like a “ceiling.” | The area around ₹2,400-₹2,500 is acting as a resistance level. The price has struggled to break above this zone in recent months. |
| SMA Line | The Simple Moving Average line plotted on the chart. | The orange line weaving through the candlesticks is the SMA 9. Traders watch for when the price crosses above or below this line for buy/sell signals. |
C. The Volume Pane
The bar chart at the bottom of the main image.
| Term | Explanation | Example from Image |
| Volume Bars | Horizontal bars showing the total trading volume for each period. | Each bar corresponds to one candlestick above it. |
| Volume Analysis | Used to confirm the strength of a price move. – High Volume on Up Day: Confirms bullish strength. – High Volume on Down Day: Confirms bearish strength. – Low Volume: Indicates lack of conviction. |
You can see high volume bars during sharp price declines (e.g., around September) and during the strong recovery from the lows (e.g., around December), confirming those significant moves. |
D. Footer & Other Information
| Term | Explanation | Example from Image |
| Timeline (May, Jun, Jul…) | The timeline for the entire chart, showing the period covered. | This chart displays data from approximately May to December of the current year. |
| Delayed by 20 seconds | The data is not real-time but is delayed. For active intraday traders, real-time data is crucial. For long-term investors, a short delay is often acceptable. | The prices you see are from 20 seconds ago. |
| 18:47:44 (UTC+5:30) | The timestamp of the last update, shown in Indian Standard Time (IST). | The chart was last updated at 6:47:44 PM Indian Time. |
Putting It All Together: A Narrative of the Hyundai Chart
- The Peak (May-July):The stock was in a strong uptrend, reaching a peak near ₹2,800.
- The Sharp Correction (Aug-Nov):The stock entered a severe downtrend, breaking through support levels and eventually finding a bottom around ₹1,800. This fall was accompanied by high volume, confirming the selling pressure.
- Finding Support (Nov):The ₹1,800 level acted as a strong support, with the price bouncing off it multiple times.
- The Recovery (Nov-Dec):The stock began a new uptrend, moving higher. It is now facing a test at the resistance zone of ₹2,400-₹2,500. The 9-day SMA (orange line) has also turned upward, supporting the bullish case.
- Current Status:The stock is trading at ₹2,300.80, down slightly for the day, as it consolidates below the resistance.
This chart is a powerful tool that tells the story of the stock’s battle between buyers and sellers over the past several months.