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Technical Analysis

Posted By On 12/23/2007 01:39:00 PM Under
1. Technical Analysis has been defined as a science of recording which generally occurs in graphic form and the actual history of trading i.e. price changes, volume, number of transactions etc in a certain stock enables one to get a picture that indicates the probable future trend.

2. Technical Analysis is able to show case the peer-group pressure, fashion, crowd psychology , emotion, group behaviour, herd mentality etc and the same is generally ignored by conventional Fundamental Analysis.

3. Thus it can be announced that technical analysis is the superior form of exercise to get the best from the stock market.

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