Technical Indicators and the fibonacci’s golden ratio are the topics we have elaborated today. Indicators are not a substitute for technical analysis rather they act as supplements that shortens the time taken for the analysis. The main technical indicators are: The moving average, the relative strength indicator and the fibonacci retracement(the one that works on the golden rule of the fibonacci i.e.the 61.8%. And we use the fibonacci retracements to identify the support and resistance.