Discuss the use of market indicators.
indicator are used in technical analysis to forecast market trends. market indicators are ratio and formula that explain current gains and losses in stocks and indexes, and furthermore, indicate if an index such as the Nifty or sensex provide short term gain or loss.
Market indicai help to predict the price or trend of shares or index through which trend can be easily find.
Market indicator also provide the forecast about the impact of news & reaction of that news on share prices & indexes.
For examole, During election time market is too volatile & same can be predicted by using the market indicator.
Hence market indicator helps in predicting & analysis the various data etc.
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