Technical analysis

In the world of financial markets, Technical Analysis is one of the most used method in Stock Market specially trading. It is traditional to examine price, volume, and indicator information in charts. Technical Analysis plays an important role in shaping how we understand price movements. Understanding the roots of Technical Analysis is how you can build a foundation of your understanding about investment world. To gain expertise in technical analysis you can check our Stock Market Courses for beginners in Dehradun. What is Technical Analysis? Technical analysis is the study of historical price movements and volume to forecast future price trends. Unlike fundamental analysis, which focuses on a company’s financials and economic indicators, technical analysis relies on charts, patterns, and indicators like ADX, RSI, BOLLINGER BANDS Etc. The Origins: Rice Markets of 18th Century Japan In 18th-century Japan, where Munehisa Homma, a rice trader from Sakata, began using candlestick charts to predict rice prices. These charts eventually became the foundation of modern-day candlestick patterns widely taught in intraday trading courses around the world. Homma understood a crucial concept: market prices are influenced more by traders’ emotions and psychology than pure supply and demand. His work laid the framework for behavioral finance and sentiment analysis, both now integral parts of share market training. The Western Expansion: Dow Theory Fast forward to the late 19th century, Charles Dow, co-founder of The Wall Street Journal and creator of the Dow Jones Industrial Average, introduced the world to what we now call Dow Theory. His principles, published through editorials, suggested that stock prices move in trends and reflect all available information — a foundation of modern technical analysis. Students learn how to identify trends, support and resistance levels, and reversal patterns — all starting from the theories that Dow introduced. The Evolution Through the 20th Century By the mid-20th century, analysts like Ralph Nelson Elliott, W.D. Gann, and Richard D. Wyckoff introduced more complex models such as: Elliott Wave Theory Gann Angles Wyckoff Method These tools further enriched the Technical analysts options to predict the future price trends especially for those focusing on Intraday Trading strategies. The Digital Age: Charting Software and AI Integration Today, technical analysis is no longer confined to pen-and-paper charting. With platforms like TradingView and advanced algorithmic tools, even beginner traders can analyze the markets like professionals. Charting software training (TradingView, Zerodha, etc.) Technical indicators for intraday and swing trading Risk management and position sizing Why Learn Technical Analysis at MHV Education? MHV Education is the Best Stock Market Institute in Dehradun, known for practical, beginner-friendly financial education. ✅ Industry-certified mentors ✅ Hands-on trading with real data ✅ Lifetime access to resources ✅ Community of active traders ✅ Job-ready skill development Conclusion: Learn from the Past to Trade the Future To know more about Online Trading Course for Beginners you can visit our platform.  Let’s build your journey in the stock market — one candlestick at a time.