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What is Technical Analysis?
Matlab commands and variables

Technical Analysis is a process of analysing historical data. It is a method by which the user, for example a trader or investor, can engage or participate in any market they may have chosen. It is one of the main methods, the other being fundamental analysis, which market participants could use to determine which market or stocks they trade.

Historical data is usually presented in graphic form and is principally a representation of price. The most common methods of price representation are bar and candlestick charts which plot the open, high, low and close of the market for any given period. Line charts which usually plot the closing price only, are also quite common.  The period can me anything from years to real time stock quotes where each bar represents a chosen period of minutes.

The advent of computers has seen massive development of stock trading software packages which will provide the user with price and volume data, along with a plethora of indicators which are derivatives of price and/or volume to add to the technical analyst’s arsenal. Prior to computers, any stock market chart would have been hand drawn, so computerisation has converted the practice of technical analysis to a vastly more efficient and powerful means of observing and utilising the price action of any particular market or instrument with stock analysis software.

Source: Share Trading Articles

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Dollar no longer welcome at Taj Mahal

2007-11-19 10:52:28 by azmabehtaroon

A statement by India's Ministry for Tourism and Culture said the government had decided to act "in view of the international practices and also to avoid any anomaly on account of falling exchange rates of the US dollar vis-a-vis the rupee and the consequent fall in revenues".
Until the change, foreign tourists visiting the Taj Mahal in Agra, south-west of Delhi, could enter by paying a fixed $5 (�2.45) fee ? a price that was set when the dollar was worth around R50. But with the dollar having fallen by 12 per cent this year against the rupee and the current exchange rate closer to R39 to the dollar, the government has now fixed the entry price for foreigners at R250 ? more than $6.

I disagree

2002-10-30 18:52:26 by with_thou

Basically, the technology sector might be dead at the moment but it will certainly not be going anywhere. Technology has been fundamentally ingrained into our lives at this point.
Do you really think there will be no more servers here? Do you really think nobody here would maintain them? Do you really think all design will be outsourced? How about programming?
When you say IT is going overseas you are probably correct when it comes to application development. Will there be no need for developers here? Never. There are people employed with IT jobs right now that have not had a pay cut (I know some). When it comes to outsourcing there are a million considerations you are not taking into account. Any person familiar with economics would point out that there are really not that...

Rupee fall to help IT sector post impressive quarterly results  — Business Today
However, the euphoria could be shortlived when new contracts will be signed under the existing dollar-rupee exchange rate. "In the short-term, the slide in rupee will be good for IT companies as it will bring in additional revenues to them, …

Gokarn reiterates RBI has more room for monetary easing  — Business Standard
According to Gokarn, pressure on inflation is seen from food prices, fall in the rupee's exchange rate, and from the fiscal side. “There is fiscal pressure in the sense that the actions that were indicated that would bring the fiscal deficit to the …

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Current fiscal year: Rupee depreciates by 7.8 percent against dollar  — Business Recorder
After witnessing stability in last fiscal year (2010-11), the rupee exchange rate remained very volatile during this fiscal year (2011-2012) and lost 7.8 percent against US dollar. Besides the first 10 months of current fiscal year, …

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