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Shaly Gupta

10th Mar 2025 · SEBI-Registered Analyst

Godrej cp

GODREJCP
This is how trendline works in the chart. Identifying the Data Points: A trendline is based on the data points plotted on a graph. For example, in stock trading, these points would represent the price of a stock at different times. Types of Trendlines: Upward Trendline (Bullish): This line is drawn by connecting lower points (lows) of the data, and it slopes upward. It shows that the values are generally increasing over time. Downward Trendline (Bearish): This line connects higher points (highs) of the data, and it slopes downward. It indicates a decreasing trend over time. Horizontal Trendline: This line is drawn when there is no significant upward or downward movement, indicating that the data points are relatively stable over time.

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