Technical analysis is tool that helps to assess securities and recognize trading opportunities by analyzing statistics assembled from price movement and volume. Technical analysis can be applied to stocks, indices, commodities, futures or any tradable instrument where the supply and demand have the influence over price.
Price data or market action denotes any combination of the open, high, low, close, volume, or open interest for a given security over a specific time frame. Technical analysis can be applied to all securities where the supply and demand have the influence over price. So, if you are planning to use it for trading then you need to know the limitations of this analysis and know about the fundamental analysis to use it to trade successfully. However, you can join the institutes like NSE India, Share Market Shiksha, Nifty Trading Academy etc to learn the technical and fundamental analysis of the stock, Commodity or Currency market. (Source: https://www.quora.com/What-is-technical-trading-analysis )
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
September 2018
Categories |