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What is Technical Analysis?

Answer Posted / sonali

Technical analysis is predicting the future behaviour of
the price movement of a particular stock on the basis of
past price trends.
Apart from price the other imp factor considered in
technical analysis is the volume of the trade.
Technical analysis beleives in foll:
1.Price discountws everything i.e demand , supply forces,
marketnews etc all factors are reflected in the price for
the given period.
2.Prices move in trends.
3.Trends are repetitive.

Is This Answer Correct ?    12 Yes 2 No



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