Date 15.07.2024 Time frame : Day chart Bank Of Baroda
Remarks : To all those over critical people about technical analysis, just one of the examples out of thousand charts at Bank Of Baroda, kindly have a look at simple yet basic support & resistance concept which has worked excellently.
All the studies are useful whether is technical analysis, fundamental analysis or psychology strategies. The mix of all will always keep you on higher percentage of winning probabilities.
Timing of entry in the stock is everything & this is where technical analysis has edge & holding based on earnings is edge of fundamentals.
Technical will always show you best entry & periodic profit booking stages & re enter stages so that money doesn't get stuck at wrong timing.
Fundamentals & business model study will keep your faith in the investment when growing higher & to stay invested.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.