hii everyone i am Mahil joshi i am here with another blog today we will discuss about Technical anlysis in stock market ,so lets start
Technical analysis is a way of looking at the stock market or other financial markets to try to predict what might happen in the future.
When we talk about the stock market, we’re talking about buying and selling shares of companies. People buy shares of a company because they believe that the company will do well in the future and that the value of their shares will go up. They sell shares when they think the value will go down.
Technical analysis looks at patterns in the stock market to try to predict what will happen next. For example, if the value of a company’s shares has been going up steadily for a while, technical analysts might predict that it will continue to go up for a bit longer. If the value of the shares has been going up and down a lot, they might predict that it will keep doing that for a while.
Technical analysts use charts to help them see these patterns. A chart is like a picture of the stock market. It shows the value of a company’s shares over time. The chart might show the value of the shares over a day, a week, a month, or even a year.
When technical analysts look at a chart, they look for things called “indicators.” Indicators are things that can help them predict what will happen next. For example, one indicator is called the “moving average.” This is the average value of a company’s shares over a certain amount of time. If the moving average is going up, it means that the value of the shares has been going up over that time period. If it’s going down, it means that the value has been going down.
Another indicator is called “volume.” Volume is the number of shares that are being bought and sold. If there’s a lot of volume, it means that a lot of people are buying and selling shares. If there’s not much volume, it means that not many people are buying or selling.
Technical analysts use these indicators and others to try to predict what will happen next. They don’t always get it right, but they think that by looking at the patterns in the stock market, they can make a good guess.
So that’s technical analysis! It’s a way of looking at the stock market to try to predict what will happen next. Technical analysts use charts and indicators to help them see patterns and make predictions.