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Technical analysis tool helps you to take real time decisions based on price, market move and data. Both the professional analyst and armature trader use the technical analysis technique. Normally they try to forecast the stock price by using some useful matrixes. Here are some common indicators such as Price trends , Chart patterns, Volume and momentum indicators, Moving averages , Support resistance levels and few more.
Beside having advantages of technical analysis there are drawbacks. You can't fully relay on this tool , technical analysis tool can not give you 100% precise results, You have to keep your eyes open while trading a stock.
Here are the topics that has been explained :
1. Fundamental analysis
2. Technical analysis
3. Candlestick Chart Pattern
4. Trendlines
5. Moving averages
Overall technical analysis is a great tool to increase your profitability as stock market trader.
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