Even though fundamental analysis is better, lack of accessibility to the required information limits its scope to stronger players in the market. Transparency of input available for technical analysis makes it quiet beneficial from retail traders point of view. The charts required for technical analysis are easily available & understandable. Though the news & research reports has impact on share price movement, it may not be useful to public for decision making because of its late availability. Market action is the only available non manipulative parameter to take trading decisions.
Saie Rahul Sarnayak, , Basics of Analysis, candlesticks, charts, fundamental analysis, technical analysis