Fundamental analysis is more important than technical analysis if you want to build a portfolio and make long-term investments. Fundamental analysis indicates the strength of a company’s foundation by analysing its balance sheet, P/L statement, and many other crucial factors that depict whether the specific company is suitable for long-term investment or not. However, technical analysis helps us in calculating the risk involved and entry/ exit levels of shares. So, the fundamental analysis is mainly done for long-term investment.
