Make decision only through technical analysis: Prof. Harish B, Proprietor of Premier Investments, Udupi
Prof. Harish B, Proprietor of Premier Investment, Udupi called PIM students to take any decision on Investment in Shares and Debentures through technical analysis. He was talking to the students of PIM on 20.09.2016 at Prajna Hall of PIM. The technical analysis reflects the idea that prices move in trends that are determined by investors’ changing attitudes toward a variety of economic, monetary, political and psychological forces. As a result, technical analysts believe historical market action can be analyzed to forecast future price moves. Of course, the effectiveness (and profitability) of any technical-analysis strategy ultimately depends on the quality of the analysis and the investor’s ability to respond to the results. Anyone with a price chart and a ruler – or, better yet, an online or mobile charting platform – can use technical analysis to make investment decisions. That being said, it’s usually not the hold investors who analyze price charts – they typical...