You must understand the fact that in order to be able to read stock charts quickly like the trade pundits do, you need to have a good deal of experience analyzing stock trends. As for beginners, all one needs to do is to understand the basics and practice by trying to read the information from stock charts of different companies. The more you practice, the quicker you will know how to read stock charts like a pro. Here we'll discuss the method of reading stock charts by analyzing the elements of a stock chart that you need to look for. There are many elements in a standard stock chart that enable you to interpret the information contained in it. These elements are termed as the indicators. The most basic indicators are enlisted below along with their significance.