What is called technical indicators? How it is different from other analysis? : Technical indicators are tools and method used in technical analysis. to predict price movement of a stock based on past behaviors. This is useful for short term trading, it cannot be reliable for long term investment.
What is Moving Average?: Moving Average does not help to predict the price but helps to predict trend of a stock. It smooths price chart with a lag.Moving averages also helps in identifying support & resistance level of stock.
What is RSI? How to identify the buying zone?: RSI is a momentum indicator used in technical analysis to compare and distinct average gains and losses in recent time.The simplest buy signals are generated when RSI crosses 30 the oversold line – it can be a crossing from above and from below, depending on the version we choose.
What is the logic behind golden Mean – Fibonacci Series?: Golden mean is a special number approx value of 1.6 . In fibonacci series sum of two previous number creates the next number , if you go on further the ratio of one number to the previous number will get closer or closer to Golden mean.
How do we use Fibonacci retracement to identify support and resistance zone?: Fibonacci retracement is created by taking 2 extreme points (peak and trough) on a stock chart and dividing the vertical distance by key fibonacci ratios 23.6%, 38.2%, 50%, 61.8% and 100%. once done horizontal LINES are drawn to find support and resistance levels based on which we can create long and short positions if the stock price touches the lines marked using fibonacci retracement.

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