InvestorQ : Can I assume that technical analysis basically studies the demand and supply pattern of the stock in the market?
Swati Naik made post

Can I assume that technical analysis basically studies the demand and supply pattern of the stock in the market?

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Ria Roy answered.
2 years ago
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You are broadly correct because all the trends and patterns are about tweaking the market demand and the market supply. When you take away all the bells and whistles of technical analysis it is basically a study of supply and demand. If you understand the benefits and limitations of technical analysis, it can give you a new set of tools or skills that may help enable you to be a better trader or investor. Remember that all the tools and market knowledge eventually translates into demand and supply. That is what it all eventually boils down to.

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