Investing with a long-term perspective can give you better returns, and there are fewer chances of any risk, except unexpected situations. For long-term investment, you can use fundamental analysis to analyse the various factors that can affect the stock price in the long term.
However, for long-term buying, you need to take a little help from technical analysis and use the technical indicators. This will help you grab the stocks at lower levels, increasing your rate of return on such long-term investments. In technical analysis, multiple indicators can be used, but for the long term, only a few of them are useful. Let’s talk about which one is better for a long-term investment strategy.