Sachin Khatri

Technical Analyst

Tuesday, 07 Sep 2010

What is Technical Analysis ?

E-mail Print PDF
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’.