We always come to know of Trendline whenever we talk about technical analysis of any stock or an Index itself in the stock market.Knowledge of a trendline is an essential step for understanding and using the technical analysis for trading by the traders in the stock markets.Here,we shall be studying about it how to use it.
By definition,Trendline is a line drawn on a chart of a security(stock,commodity,currency etc) or Index by joining the upper or lower price points.Trendline depicts the trend of the security and helps to predict the future price movements.
