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Showing posts with the label technical analysis

POWER OF TECHNICAL ANALYSIS

 Basic rule of technical analysis    Minting money in capital market is not so hard either with technical analysis of stocks or fundamental analysis of stocks .The condition is that you follow system of  technical analysis or fundamentals .You need to stick with the rules  you have learned . On other side there is high chances of losing money  if you don't trust yourself and get confused by listening others. The rules of trading and investing are quite different.If your are trading is based on technical analysis and you are  listening guys of  fundamentals then forget making money in market. Here I am sharing real example which will clear doubts about  this basic theory . My study of 7th July on #BankNifty  On 7th July Bank Nifty was struggling to go up and there were hardly any expert who were advocating to buy it . My guess is that they were fearing immediate crash of bank nifty as NPA was hot subject on discussion .On previou...