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Technical analysis: KOTAK MAHINDRA BANK

Technical analyst – these words may evoke many intellectual images.

The technical analyst says that “the market is always correct”.

Technical analysis is the study of prices in freely traded markets with the intent of making profitable trading or investment decisions.
There are two ways of technical analysis – “predictive and reactive”.

1. Predictive- Individuals make money by selling their predictions to others. Market letter writers in print or on the Web and the technical market gurus who frequent the financial news fall into this category.

2. Reactive- a trader use a moving average crossover to signal when a long position should be taken. In other words, the trader is watching the market and reacting when a certain technical condition is met.

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Stock market certified investment advisor(s) for Moneymunch. They're a regular guest on popular online channels and writes for several newspapers and financial journals. Who has studied charts for over 20 years, and they have black magic of the share market.

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