Nature works in cycles. And it is often seen that ‘History Repeats’.
Last year we had monsoon, this year too we had monsoon. Even next year there will be monsoon. Cycle continues.
Yesterday there was a sunrise around 6.30am, even today there was sun rise at 6.30am. History repeats. There was World War 1 and then there was WW2. History repeats.
Applying these concepts of cycles and history repetition for stock markets, makes an interesting analysis.
Lets see how BSE Sensex cycles are in play over last two decades.
(Enter full screen mode in the below slideshare)
Rahul Ramchandani
Is technical analysis just pure science of Numbers and charts. A sin you dont at all see the valuation, the companies future outlook etc?
Wats the HIt-Miss ratio?
Milan Bavishi
understand and apply both fundamentals & technicals of the market.
let me put it other way round.
In our body, the heart is very important. and the doctor never forgets to check the pulse and the pressure.
heart – fundamental.
pulse and pressure – technical.
Rahul, forget hit/miss ratio. Do what U are good at! 🙂
Rahul Ramchandani
Hmm agree…
A question But can technical analysis be the only basis for short term calls?
Long term i agree its mix of both..
Ashish Tulsani
What I feel is Fundamentals shows whether to what to do with particular stock whereas Technicals shows at what point…