Stock Market: What is Technical Analysis?
In the Share Market There is one of the important term is "Technical Analysis". This resource provides information about the "What is Technical Analysis".
Technical Analysis is nothing but the for casting of the trading price where we can forecast using the data generated in the process of trading over a period of time. Technical Analysis is one of the nice trading process in the Share Market. It is a process of the analyzing a security's using historical prices. Trading security's history are recorded by mainting price changes and volumes traded in a chart, or a pictorical graphic, forms. There is study of market action is called as "Technical Analysis". Now days technical analysis are very easier because of the use of computers. they forget that what counts more is the man behind the machine. If you want to do sucessful trading then you can remeber three M's that are Mind, Method and Money.
Every trading game is fierce fight between the bulls and bears. One throught behind it is "In the market, everyone is against you and you are against everyone" . Here we can use the charts but a chartist's objective is to discover the balance of the power between the bulls and the bears prowling in the Share Market. Analysis of technical charts should be like sailing on smooth waters, efforts, with natural flow and rhythm. These is technical analysis makes the assumption that history repeats itself.Advantages using the Technical Analysis
1.It helps you in the accelerating in the timing one's market entries and exits.
2.It helps in accelerating the return on your investment.
3.It helps in indentifying stocks that will rise or fall faster than the market.
4.It is possible to arrive at probable price and time target.
Note:-
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