TECHNICAL ANALYSIS:
Technical analysis is a study of market data such as prices, volume of trading etc. in order to determine the future direction of price movement.
The financial data and past behavior of the share prices of a company are presented on charts and graphs in order to find out the history of the price movement.
Technical analysis is mostly helpful for day trades and short term investors who are interested in the short term movement in stocks to make quick profit. Long term investor considers fundamental (mainly) as well as technical analysis for investment decision making.
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