Technical analysis is a trading term used to figure out securities and identify trading probability by analyzing statistics collect from trading activity, such as price movement and volume. Unlike fundamental analysts, who attempt to figure out a security’s basic value, technical analysts focus on charts of price movement and various analytical tools to estimate a security’s strength or weakness
These are the benefits of technical analysis:
Provides All Current Information
Prices Move in Trends
History Repeats: Sometimes Chart pattern can be repeated and finding that common pattern and uses again in trade is a very good move.
Timing: With a fundamental approach your research may dig up some interesting news on a company’s stock that you think may cause it to rise in the future.
However, If you want to learn technical and fundamental analysis you can join any institute like
NIFM,
NSE India,
ICFM,
Share market Shiksha: Their online classes are hugely flexible which will set you free from the hassles of attending the pre-assigned classes and give you the freedom to learn from wherever you are and whenever you can.
(Source: https://www.quora.com/What-are-the-benefits-of-technical-analysis)
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