Capital Market is all about understanding and getting the right cues to enable the right decision-making for an investment. One of the best ways to predict or forecast the market trend is by way of Technical analysis. The author in this book tries to give insight into the critical areas of technical analysis of the stock market.
This book introduces the core of “Technical Analysis”. Technical Analysis is based on the assumption that “history repeats itself”, it studies past market actions and attempts to predict future market trends. The activities of various market participants are displayed on charts which transforms into patterns that repeat over time. Identifying those trends and patterns at a relatively early stage is an art and for a trader or investor who identifies them and act accordingly, the rewards can be enormous.
Insight into Technical Analysis is an easy to understand guide for investors and traders in search of knowledge that gives the edge to stock selection and timing. This book provides a unique and comprehensive reference for serious traders, analysts, and practitioners of technical analysis. This books explains the definitions, applications, concepts, and execution of many technical-based trading tools and approaches, with coverage on
- Dow Theory – It forms the base for much of what we know today in technical analysis
- Chart Patterns – classical price patterns and candlestick charting
- Stocks market indicators – moving averages and momentum oscillators
We sincerely hope that, when you read this book, you will develop an interest in technical analysis and have a detailed knowledge on what has made investors develop such an analysis method. We are quite confident that technical analysis will be one of the useful methods for you to improve your knowledge on investment.
With the help of this book, the reader can build a solid foundation for his / her endeavor in Technical Analysis.
Happy Learning!