True Or False

The moving average can give clear signals to support investment decisions, but not with 100 per cent accuracy

Did the market follow the moving average (MA) patterns in calendar 2001? To put it simply, could the investor have made money if he had simply followed the MA? To discover the answer, we did some research on the movements of the Sensex and the 30 index stocks. The results surprised us. We found that, while it did help investors notch up gains in some cases, it didn