The tracking requirements of all heliostats in a field are not the same, and they vary according to day, time, and latitude. In this work, a graphical ray tracing (GRT) based model is developed and demonstrated with two-axis Azimuth-Elevation (AE) and Spinning-Elevation (SE) tracking techniques. The procedure is simple and obviates the complex rotation-matrices formulation reported in the previous literature. Using the GRT, a new Center-Oriented Spinning-Elevation (COSE) tracking technique is proposed and demonstrated in which, instead of at the target, heliostats are pointed towards the on-field center-point of the tower. Tracking based on this co-ordinate system results in a substantial reduction in rotations of tracking motors and parasitic-energy of heliostats. Motion analysis of eight heliostats placed at different on-field locations and distances from the tower are conducted, and their tracking characteristics are explained in detail with respect to time, latitude, and tracking modes. The effect of on-field position and distance is presented with fast-tracking requirements and reflected mirror images on the receiver plane. The COSE method obtains a better shape of the reflected-image with less aberration on the receiver plane than SE and AE methods. The analysis performed in this work addresses the trade-off between tracking speed and cost while designing a tracking system for heliostat field.