Should I Believe the Predictions of Researchers While Trading?
We know that trading in the stock market is an art and people come here to grow their wealth with the aim of earning huge profits. But there are always risks involved while Trading in the Stock market. The market can move in any direction and it is very difficult to predict the correct direction I which the market will head. The Technical analysis can be used to predict the movement of the market. In technical analysis, the charts of various stocks with their price movements are studied. For a newbie trader, the only option is to trade on the basis of the advice and support of the researchers in advisory firm. As the researchers hold good experience and have mastered the art of technical analysis. Analysts can conduct in-depth technical analysis and generate the buy and sell calls with proper stop loss. However, when it comes to believe the predictions made by the researchers, then you must always consider the experience and knowledge of the researchers. Hence, if a trader is taking advice from an advisory firm which is SEBI registered and reputed, then there are high chances that the predictions are accurate and reliable. The technical analysts in the advisory firm use the fundamental and technical analysis along with the latest news tracking to arrive at the buy and sell calls. The technical analysis is a field in which dozens of indicators are studied. The basic entities on which the technical analysis is based are price and volume. The indicators like moving averages, RSI and Bollinger bands are among the common ones used. The latest news about the national and international affairs also has a strong impact on the price movements. Thus one can trade on the basis of latest news also. If there is positive news about a stock the prices are going to rise. Similarly, negative news will lead to falling in the prices of the stocks.