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Investing in Stock Market using Fibonacci Series

Author : Janhavi S Kandalgaonkar

Pages : 3142-3143
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Money does not retain its value over years, hence just saving won’t help one to meet his/ her financial goals and/ dreams. Along with saving, investment is vital to ensure that inflation does not take away one’s saving. However market is an unpredictable phenomenon for most of the investors. Predicting markets is an empirical task however analyzing them can prove a boon to make investment decisions. The paper illustrates how Fibonacci series can be used by investors to take appropriate decisions on investing.

Keywords: Fibonacci, Investment, Correction, Extension

Article published in International Journal of Current Engineering and Technology, Vol.5, No.5 (Oct-2015)


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