Technical Analysis

Technical analysis is a security analysis discipline for forecasting the future direction of prices through the study of past market data, primarily price and volume. Technical analysts seek to identify price patterns and trends in financial markets and attempt to exploit those patterns. While technicians use various methods and tools, the study of price charts is primary.
Technicians especially search for archetypal patterns, such as the well-known head and shoulders or double top reversal patterns, study indicators such as moving averages, and look for forms such as lines of support, resistance, channels, and more obscure formations such as flags, pennants or balance days.


·         To study the price fluctuations of various stocks in Indian stock market.

·         To identify the stocks which are best to be invested using Technical analysis.

·         To study how best we can analyze the stocks using technical analysis tools.

·         To know which stocks can be bought  at what time using technical analysis.

·         To know which stocks can be sold at what time using technical analysis.

No comments:

Post a Comment