The principles of technical analysis are derived from hundreds of years of financial markets data.
Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. Technical analysis can help investors anticipate what is "likely" to happen to prices over time. Technical analysis uses a wide variety of charts that show price over time.
Market price Action due to History repeats itself that is Future price is the repetition of past prices.
So,knowing Past trading data s helpful tool for predicting Future price movement.Its applicable for MCX Lead Commodity Trading too. Historical High s and lows are the Support & Resistances for the Future.MCX Crude oil Bhav copy very useful for finding MCX crude oil Support & Resistances.
Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. Technical analysis can help investors anticipate what is "likely" to happen to prices over time. Technical analysis uses a wide variety of charts that show price over time.
Market price Action due to History repeats itself that is Future price is the repetition of past prices.
So,knowing Past trading data s helpful tool for predicting Future price movement.Its applicable for MCX Lead Commodity Trading too. Historical High s and lows are the Support & Resistances for the Future.MCX Crude oil Bhav copy very useful for finding MCX crude oil Support & Resistances.
MCX Crude Oil
January '2013 MCX Crude Oil High 5248
January '2013 MCX Crude oil Low 5020
February'2013 MCX Crude Oil High 5289
February'2013 MCX Crude Oil Low 4986
Related Links :
- MCX Lead Bhav Copy/Historical data of 2013 for Reference
MCX Intraday Calculator/Commodity/Nifty Calculator
MCX Lead Lifetime High and Lifetime low
MCX live Rate
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