Trend Analysis in Stock Market: Steps and Benefits
Most A lot of traders lose money because they jump into trades without understanding market direction. Countless investors buy stocks because the price dropped, hoping to catch the bottom. This often leads to painful losses. Understanding trends in the share market may make all the difference between profitable and loss-making trades.
This blog will give you a deep insight into the world of trend analysis in the stock market and how you can use it for your benefit.
What Is Trend Analysis?
Trend analysis is identifying future long-term trends in the market by analysing historical data or recent data.
Think of the last time the Nifty or Sensex made a major move. The trend was visible on the charts well before the financial news started…