What is difference between chart updating in 1 min, 5 min and 15 min and which chart is best for intraday tarding to judge the mood of the market?

General
2

5 mins and 15 mins are best for intraday

3

5 mins are ideal for intraday (i’m telling regarding Nifty Index Future and Index Option)

4

All charts update live, but how you plot all the live data is what determines the 1 min, 5 min and 15 min chart. A 1 min chart (either a bar or candle chart) uses Open High Low Close for that 1 min and plots it. So if you look at a 1 min chart, you can see OHLC for every historical 1 min. Same way a 5 min/15 min chart, will have OHLC for those 5/15mins respectively. 

Which is best depends on your trading strategy. As a scalper, I always preferred 1 min chart. But if your trades are longer, than it is better to use 5min/15min. 

I suggest you to read our technical analysis module on Varsity from the start. 

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