It's more of a psychology than TA or FA contribution in ups and downs. TA helps in knowing short term scenerio better and FA can tell you what lies a year or two from now. But both can get caught on wrong foot example Satyam, post election rally, subprime crises..
One of my maternal uncle married a Keralite lady. Recently I met aunt's father who shifted to Delhi after retirement and hardly speaks hindi. Now he is 62 and still keeps buying shares. He never looks at price, economy, inflation and he just buys few selective stocks. I asked about how much profit he might be having, old man replied "I don't know"! I asked my aunt and was shocked to know he might be having crores worth shares which he was buying from age of 30! A man who don't use any TA or FA is sitting on hundred times returns and we get happy on few reversals and spikes.
Waise sab moh maya hai. Kya leke aya tha jo leke jayega. Sab yahin reh jayega. Nifty bhale jaane ke baad 20000 pe chala jaye ya 2000 pe, tab kuch nahi milega.
One of my maternal uncle married a Keralite lady. Recently I met aunt's father who shifted to Delhi after retirement and hardly speaks hindi. Now he is 62 and still keeps buying shares. He never looks at price, economy, inflation and he just buys few selective stocks. I asked about how much profit he might be having, old man replied "I don't know"! I asked my aunt and was shocked to know he might be having crores worth shares which he was buying from age of 30! A man who don't use any TA or FA is sitting on hundred times returns and we get happy on few reversals and spikes.
Waise sab moh maya hai. Kya leke aya tha jo leke jayega. Sab yahin reh jayega. Nifty bhale jaane ke baad 20000 pe chala jaye ya 2000 pe, tab kuch nahi milega.
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But both can get caught on wrong foot example Satyam, post election rally, subprime crises
http://www.traderji.com/position-trading/21819-sensex-technicals-168.html#post309620
http://www.traderji.com/position-trading/21819-sensex-technicals-169.html#post309872