These days strange movement of share prices at BSE and NSE are spreading fears among the small investors. Many of them want to understand why price of a share go up or down, against general expectation. They are trying to understand the complex charts and graphs showing upward and downward movements of the share prices. Technical analysis in the stock market has a great significance in the volatile market. Even Market Analysts bank on this instrument to predict where the Stock Market is heading for. But many times all analysis proved wrong and Market sentiments become the real winner. So, it is not advisable to completely depend on the analysis. Investor should give all the factors equal importance.

Actually these can be taken as guidelines. But please take care and don’t put your hard earned money in equities, just on the basis of technical analysis. I am not criticizing these analyses. I just want to remind you that many times it has happened that analysis were showing very bright picture of the Stock Market and still returns were not that good.