Technical analysis course/ share market in Tamil

technical analysis is very important element to predict the future direction of financial market. technicians are trying to find stock market and other financial market. technical analyst will failure in some times, such as unexpected political events, govt policy changes and news. however, without technical chart, investor and traders can"t take decision about their financial activity.

                                    Types of chart

Three types of chart are used by technicians:

Line chart

Bar chart

Candle stick chart

Support and resistance

Every stocks have support and resistance, normally swing traders sell at near the resistance and buy at near support. indices when crossed the resistance which will become change as support, as well as support act as resistance. technician will find the support and resistance in many ways,

Few of those: moving averages, fibonacci retracement, trend line bar and some kind of oscillators.

This video has explained about technical analysis basic, click the link