Technical Analysis is the art of predicting and forecasting future price trends based on the current and the historical price data. It is a study of price charts along with volumes and is based on demand & supply and also depicts the psychology of the masses.
Technical Analysis helps in spotting changes in trends and price patterns based on which one can take timely investment / trading decisions. It is a very effective tool to time the markets i.e. determine the entry levels, the stop-loss as well as the target levels. However, a word of caution here is that Technical Analysis is not infallible, as it is linked to the psychology of the masses and minds of people can be confused, fluctuating and indecisive at times. At such times Technical Analysis may fail or may not give clear indications of the direction of the price movement.
In this section you will get insightful technical analysis reports of Currency Derivatives Trading which will help you to take informed trading decisions. Check the support and resistance for each pair. Understand the Pivot Point. View our preference and the alternate scenario of trading and also take note of our comment on the pair.
SMEs/Corporate Advisory Desk at Ludhiana - Indo Pak International Expo 2013 from 15th – 18th February 2013 in Ludhiana, PunjabMore details