Why Every Trader/Investor Should Trust On Technical Analysis
Hello Reader, Generally im writing on my blog about technical Speech lecture (Bhasan) :D :p Till now Im covered my last 3 Post
1.
WHY RIGHT EXIT IS SO IMPORTANT IN INVESTING LIFE
2.
IMPORTANCE OF MOVING AVERAGES IN TRADING/INVESTING LIFE
3.
Importance Of STOP-LOSS in Trading/Investing Life
In this post I Will Explain Why every Trader/investor Should Trust on technical analysis.
Almost from Last 1 year Oil Drilling And Exploration Sector was in Bear Phase. Continuously making 52week low.
Take a look Top Companies in this sector
Most of the stock is almost fallen 30/40% From its High .But Only 2/3 stock that's Continuously making Life highs (52 week high) in same sector.(IGL & Deepind) .The big name like ONGC,GAIL,Cairn,Selan,Oilindia,aban is almost half in last one year. IGL and deepind was my recommendation thats doing great till now. Check below link
Today Both made 52 WEEK HIGH. :D ..Thats all achievable by Technical analysis only. For Techncal analyst it doesn't matter whats Sector or comapny doing . Once Charts Speaks must follow that Off-course With STOP-LOSS.
So Believe it. Learn it. then Try to earn it. First Learn then Remvo "L" i.e Earn.
Technical analysis is ART not a Rocket Science/Magic ...Years of Hard work makes you perfect in what you do.