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| What is Technical Analysis ? |
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The application of Technical Analysis in financial markets helps to forecast the future prices of a stock or a derivative instrument on the basis of historical data, current market price and volumes. Why learn Technical Analysis ?
An investor, trader, sub-broker, broker, investment consultant should have knowledge of the Technical Analysis as working in financial markets without knowledge of this science is like driving a car without proper brakes and accelerator in it. A person with knowledge of Technical Analysis : · Knows the right time to enter the market. · Works with proper exit strategy. · Can know in advance where the markets are more likely to go. · Don’t need any kind of free or paid tips for trading, he can make out things from his analysis. · Can make a wise decision on ‘what to buy and what not to buy’. |