There are two basic methodologies use Ior the stock
market analysis :- 1. Technical analysis: - ReIers to the analysis oI price movements on Charts. 2. Fundamental Analysis: - ReIers to the analysis oI Iinancial perIormance oI the company. Support kes|stance Technical analysis Types of Chart L|ne chart lL ls generally creaLed by connecLlng a serles of pasL closlng prlces LogeLher wlLh a llne 8ar Chart ar charL ls graphlc represenLaLlon of prlce acLlon uslng a verLlcal bar Lo connecL Lhe hlghesL prlce Lo Lhe lowesL prlce durlng a perlod Cand|est|ck Chart @he candlesLlck encapsulaLes Lhe open hlgh low close of Lhe Lreadlng perlod ln a slngle candle Trends in Technical Analysis : - Types of trends: - 1. Uptrend :- Lhe prlce movemenL of a flnanclal asseL when Lhe overall dlrecLlon ls upward owntrend ownLrend descrlbed Lhe prlce movemenL of flnanclal asseLs when Lhe overall dlrecLlon ls downward