Technical analysis is a method of analyzing securities and predicting future price movements, mainly by examining past market data such as price and volume. Technical analysts believe that by analyzing charts and other trading indicators, they can predict short-term and long-term market trends. Technical analysis is an important tool for traders, investors and analysts who want to gain an edge in the market. This e-book introduces technical analysis, its basic principles, and some common techniques used by traders.
Author Sankar Srinivasan is Certified Market Professional of National Stock Exchange of India, and he has more than 15 years of experience in stock trading.