(Why technicals work when they work and why they do not work when they do not work) I was very skeptical of these charts and graphs and ‘technicals’ when I started looking at the stock market, ha! I thought what utter nonsense! Stock market is all about finance and economy. How can these technicals ever work, they have no basis in fundamentals or economy. My disbelief turned to amazement to shock as I slowly realized that these technicals do work. Well! Not for everyone. As everything in the stock market, there are a few blessed ones who seem to have mastered the techniques and it seems nothing can go wrong for them. So I decided to dig into this ‘technicals’ stuff and I realized that most of these ‘charts’ were invented by people who were looking at fundamentals and wanted to automate the stock screening. I also realized that these ‘technicals’ are being abused. Hence I decided to write up this little series of articles that will explain the basis behind ‘technicals’ and what precautions one should take while trading on such ‘technicals’. The idea is not to deter you from using technicals but to impress upon you the reason why one needs to be flexible and why one should apply a wide variety of tools Stochastic oscillators MACD (Moving average convergence divergence)