Elucidate different types of charts for the analysis of equipment selection.
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The different types of charts used for the analysis of equipment selection are:
* Line Charts - They are the structures or graphical representation which only consists of a single line from left to right.
* Bar Charts -They are also called open-high-low-close (OHLC) charts.It helps to discuss the pattern easily.
* Candle Stick Chart - It is named candle stick because the main components which are used in the chart are in the shape of a candle stick.
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