What are the pro / cons of technical analysis?

[venkatshreenivas]

looks so attractive while reading

but when it fails it makes great dissappointment

 

 

[S Suresh]

Technical analysis is based on the traded volume and trade price in the market and available for free in the market for all. It will help us in taking buy and sell decision based on the traded volume and price. However, technical analysis does not provide the fundamentals of the company as this will not be available for small timers and it is very expensive also, so to take long term decisions based on technical analysis will be inconclusive.

[Rajesh kumar]

Technical analysis cannot predict the future aspects of the company, It is used for the short term.

[suraj]

It is used to predict the movement of the stock based on charts and not based on fundamentals of a company.

[Nishad]

Technical analysis only focus on charts, volume and tools

[Author]

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