Does technical analysis work on day trading?
Technical analysis refers to a method used to inspect securities by analyzing statistics produced by market activity, like past prices and volume. Technical analysts do not endeavor to estimate the intrinsic value of a security.
Primary character of technical analysis involves employing models and trading rules depending on price and volume transformations like moving averages, relative strength index, regressions, business cycles, inter-market and intra-market price correlations, stock market cycles.
However,there are numerous courses in stock market . To name a few institute such as Arihant capital, Udemy etc. Sharemarketshiksha provides ample opportunity for growth as trader and learn concepts of technical and fundamental analysis to make quick money in stock and commodity market.
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