[Nitin Bhatia]

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Technical Analysis Boundary is a must-know for every trader and investors. If you do not know the Technical Analysis Boundary then you will lose money in the stock market. In this video, i will share 7 such boundaries.

1. Technical Analysis is not a predictive tool. It only tells about the stock behavior. You can use your knowledge and experience to identify future movement.

2. Technical Indicators are confusing. You can check the volume data, patterns and the time frame of the analysis to find out the reliability of a technical indicator or combination of them.

3. A technical setup or system is confusing. Therefore, it is very important to do backtesting of the same.

4. Statistical and Forecasting tools are based on the probability i.e. permutation and combination. As an investor or trader, you should select the event with the highest probability.

5. An investor should avoid the herd mentality i.e. mass behavior. A technical analysis against the herd mentality is best in my opinion. Normally, a technical analysis supporting the herd mentality does not work.

6. No single strategy works in all the market conditions. In my videos, i have explained that which strategy works under what circumstances.

7. Technical analysis is lagging in nature. However, the patterns and option chain are more reliable compared to other systems and setup. For example, NIFTY normally follows the Harmonic pattern.

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