The principles of technical analysis are derived from hundreds of years of financial markets data.
Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. Technical analysis can help investors anticipate what is "likely" to happen to prices over time. Technical analysis uses a wide variety of charts that show price over time.
Market price Action due to History repeats itself that is Future price is the repetition of past prices.
So,knowing Past trading data s helpful tool for predicting Future price movement.Its applicable for MCX Lead Commodity Trading too. Historical High s and lows are the Support & Resistances for the Future.MCX Lead Bhav copy very useful for finding MCX Lead Support & Resistances.
MCX Lead:
January '2013 MCX Lead High 135.70
January '2013 MCX Lead Low 122.25
February'2013 MCX Lead High 132.65
February'2013 MCX Lead Low 122.90
Related Links :
Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. Technical analysis can help investors anticipate what is "likely" to happen to prices over time. Technical analysis uses a wide variety of charts that show price over time.
Market price Action due to History repeats itself that is Future price is the repetition of past prices.
So,knowing Past trading data s helpful tool for predicting Future price movement.Its applicable for MCX Lead Commodity Trading too. Historical High s and lows are the Support & Resistances for the Future.MCX Lead Bhav copy very useful for finding MCX Lead Support & Resistances.
MCX Lead:
January '2013 MCX Lead High 135.70
January '2013 MCX Lead Low 122.25
February'2013 MCX Lead High 132.65
February'2013 MCX Lead Low 122.90
Related Links :
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