Accuracy of tips in Indian stock market
The explosive nature of the Indian stock market has made many people millions of rupees while many have lost millions of rupees. The Indian investor mainly relies on the technical analysis of the stocks. The tips provided by the experts claim to be 90% or 100% accurate. However, the technical analysis is not at all dependable. So before investing in any stocks on the basis of these technical analysis tips is not at all recommended.
Technical analysis is a study of statistical indicators. There are many technical analyses and not each one of them is perfect. If you want to invest on the basis of technical analysis, then you should to study all the technical analysis and them come to a rational conclusion.
You can trade from home through the internet. In this, you should know technical analysis. It is not easy to analyze the movement of any stock. You need to focus properly, patience to study all the swings of trading carefully, and plan very thoughtfully. It won’t do to depend totally on technical analysis as you won’t get results. It is a tool which will help you to do trading with profit and exit the market without losing money. The analysis has to be done over a period of time and it is not possible to do it in a short time. You research and collect all the data over a period of time and then sort it out top analyze it correctly. Only then you will get results.
Those who trade daily should do fundamental analysis. The daily movement of stock indicates the trend. When the market opens in the morning you should let it settle it down for at least ½ an hour. Then, only you will come to know the trend of the market. Plan your movement only after that and never hesitate or else you will always repent it later. Think properly and make wise decisions.
Categories: Stock Market
Sorry, comments are closed for this item.