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Message started by manoj87 on Jun 8th, 2009 at 7:19pm

Title: technical analysis
Post by manoj87 on Jun 8th, 2009 at 7:19pm
hi
friends
Technical analysis is a security analysis discipline for forecasting the future direction of prices through the study of past market data, primarily price and volume.[1] In its purest form, technical analysis considers only the actual price and volume behavior of the market or instrument. Technical analysts may employ models and trading rules based on price and volume transformations, such as the relative strength index, moving averages, regressions, inter-market and intra-market price correlations, cycles or, classically, through recognition of chart patterns.
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