Technical analysis is method that helps to assess securities and recognize trading opportunities by analyzing statistics assembled from trading activity, such as price movement and volume. I don’t think it is less applicable in today's stock markets or any time in future.
If you know its limitations and the advantages then I don’t think it will ever give a false alarm. The rate of successful analysis is high if the externa,l factor is not involve. Many people are earning high profits with this analysis. Although the use of the fundamental analysis is also recommended together with technical analysis. However, you can learn the technical and fundamental analysis of the stock, Commodity or Currency market from best institutes like NSE India, Share Market Shiksha, Nifty Trading Academy etc. They provide the professional courses to make you expert analyst on these analysis. (Source: www.quora.com/Is-technical-analysis-less-applicable-to-todays-stock-markets)
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September 2018
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