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What is Technical Analysis

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 Technical Analysis  Technical Analysis is the method to predict future prices. Prices refer to the combination of open, high, low and close of a particular security in a specific timeframe. Technical Analysis is applicable to stocks, commodities, futures, indices etc. Prices are determined in technical analysis on the basis of demand and supply(volumes) Future prices are predicted on the basis of historic price, volume, and open interest. To predict future price movement we need charts, patterns and indicators. Different time frames can be used in technical analysis i.e. 1 min, 5 min, 15 min, 30 min, hourly, daily, weekly, and monthly. Technical analysis help investors to anticipate what is likely to happen to price over time.

Technical Analysis

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 Technical Analysis