How to Read BIST Stock Charts? A Beginner‑Friendly Guide

When trading on Borsa Istanbul (BIST), being able to read price charts is essential.
This article walks through the basic steps of interpreting a stock chart.

1. Choosing the Time Frame

• Intraday trading: 5‑min or 15‑min charts
• Swing / medium term: 4‑hour and daily charts
• Long term: Weekly and monthly charts

2. Understanding Candlesticks

• Green candle: Close higher than open → bullish
• Red candle: Close lower than open → bearish
• Wicks show the intraday high and low.

3. Trend Lines

• Connecting lows → uptrend line
• Connecting highs → downtrend line
• As long as price stays above the uptrend line, the trend is considered intact.

4. Support and Resistance

• Price levels where movement has repeatedly paused or reversed
• Drawn as horizontal lines on the chart
• Breaking support may trigger deeper declines,
• Breaking resistance may start a new bullish leg.

5. Basic Indicators

• Moving Averages (MA, EMA) – Show trend direction and dynamic support/resistance.
• RSI – Used to track overbought/oversold conditions.
• Volume – Confirms the strength behind price moves.

Chart reading should always be combined with fundamentals such as earnings, news flow and macro conditions.