Technical Analysis Course in Delhi.

New Delhi Institute of Financial Markets (NDIFM)

Technical Analysis (EOD)

Why us:

An educational institute is a place of knowledge. And knowledge must be imparted with utmost honesty. Technical analysis is basically a study of human psychology towards stock markets. Therefore, it must be taught by people who have gained experience by trading.

Generally, the faculties for Technical Analysis are people having bookish knowledge and do not trade. Our faculty is not only an Analyst but a Trader as well, who trades in the real time environment. And teaches you beyond the limitations of a book, by sharing his personal experience of trading. Hence, helping you to sharpen your technical skills.

Visit the faculty profile:

http://in.linkedin.com/pub/gagan-deep-choudhary/35/a9a/494 

( Also a Faculty for Technical and Derivative Analysis at V-Tips, Prithvi Financial Advisory, Wise Trader, Innobuzz knowledge solutions,etc. in New Delhi.)

Suitable For :

Investors / Traders / Dealers / Sub-brokers / Relation Managers / Asst. Relation Managers / Professionals / Graduates / Under graduates / Retired / Other people willing to earn a living by trading./ Students preparing for CMT(US) I & II / CFT.(India) / M.B.A. (Finance & Financial Markets) / CFA (US and India).

Career Opportunities:

1. Work as a Technical Analyst with Brokerage and Research Firms.

2. Fund Manager - Individual or Institutional.

3. Trader.

4. Massive business opportunities. 

Course Content (EOD):

1. Trader's Environment & Terminology - Introduction to stock market. ( What, why and how)

·                     What are stocks and stock market

·                     How does it operate, Who are the players

·                     Terminologies used in the market ( Nifty, Bull & Bear, Squaring off, Rally, Crash, Correction, Bonus  Shares, Dividend, Book Closure Date, Order Types)

2. What is Technical Analysis?

·                     Introduction , Definition, Advantages and Limitations

·                     Technical vs. Fundamental analysis

3. Basics of Technical Analysis:

·                     The Market Cycle

·                     Basics of Chart

·                     Dow Theory

·                     Support & Resistance

·                     Channels

·                     Types of Trend and Trend line

·                     Fibonacci Ratios, Retracements and Projections.

4.  Moving Average

·                     What is a moving  average

·                     Simple Vs Exponential Moving Average

·                     Crossovers

·                     Moving Average as Support & Resistance

·                     Using Moving Average for trading

·                     Envelopes

5.  Candle Sticks

·                     Construction of a Candle Stick

·                     Importance of Open and Close

·                     Candle Stick Patterns – Single, Double and Triple

·                     Combining  Fibonacci with Candle Sticks

·                     Trading by Candle Sticks

6.  Price Patterns

     Reversal & Continuation Patterns:

·                     Double Top & Bottom

·                     Head & Shoulder

·                     Falling & Rising Wedge

·                     Rounding bottom

·                     Triple Top & Bottom

·                     Cup and handle
·                     Ascending triangle

·                     Descending triangle

·                     Symmetrical triangle

·                     Flag

·                     Pennant

·                     Price Channels
-          Measuring move.

     
7)  Gaps:

·                     Definition.

·                     Break away gap.

·                     Continuation gap.

·                     Exhaustion gap.

-          Island reversal.   

      

8)   Oscillators / Indicators

·                     Relative Strength Index (RSI)

·                     Rate Of Change (ROC)

·                     MACD

·                     Average Directional Index (ADX)

·                     Stochastic

·                     William %R

·                     Trading with Oscillators
-          Bollinger Band

  9) Elliot Wave Theory

  10) Stop Loss

·                     What is stop loss

·                     How to place stop loss

·                     Using Parabolic SAR for stop loss

 11) Volume Analysis.

 12) Inter market Relationship.

 13) Market reaction to news.

 14) Preparing Fact sheet/Research Reports.

Please Note:

1. Fee includes the cost of study material as well.

2. In Home classes or Distance Learning through team viewer / skype also undertaken with little extra fee.

3. Placement assistance provided.

Course Fee: Rs. 15,000/-.

Course Duration: 40 hours.

Course Days: Weekdays / Weekends.

Technical Software's : Spider, Meta-stock, Advance Get.

Call us at +91-8585994465/9958781212 and Register yourself for the demo class.

Nifty Update

Nifty Daily.

Bank Nifty Weekly.

Nifty, Bank Nifty and Elliott Waves.

We mentioned in our previous post that Nifty holds a very strong support around 5600 and the Indian benchmark index has the potential to bounce back from there. Nifty moved as anticipated and did not broke the shackles, instead took support from their and gave a rapid rally. We saw an intra-day low of 5556 but the total consensus of the market remained bullish, with bulls wiping out the bearish efforts. But what should have been the next move?

Here's a summary of our research report as published on 26th June 2013:-

Nifty and Bank nifty are forming a __________ relationship with each other. With Elliott waves highly impacting both the indices we would certainly prefer to take trades as per Elliott levels.

A close look at Nifty tells us that currently ____wave is in progress on daily charts while on the weekly charts the last advance till 6240 and the fall there after shows that ______ wave seems to take formation. Considering these two set ups we recommend to take a buy position till 5900 as our first target and then T2 till _____. Once Nifty takes a leg up and breaches T2, then we can see the benchmark index trading at _____. But only if T2 is broken, as both 5900 and T2 are quite strong Elliott levels and Nifty can potentially resume it's downtrend from there.

Now considering the weekly charts of Bank Nifty, we are currently witnessing the ______ formation of Elliott waves. This means that we can see a max.  ___% retracement of the the previous fall and Bank Nifty can rise within the range of _____ to _____.

Coming back to the _______ relationship forming between Nifty and Bank Nifty, the later might not move as quickly as former. And, if Nifty resumes it's downtrend after reaching it's first target i.e. 5900 or T2, we recommend to square off the buying position in Bank nifty as well. Because then we will not see Bank Nifty moving up to it's maximum level.

Since, Nifty and Bank Nifty are currently respecting the theory of Elliott waves so well, it seems very likely that Elliott levels thus derived shall be highly respected in the future and we will witness our targets again being met. But this up move will be quite sharp and no one knows from where exactly will market resume it's downtrend. It could be any of the above mentioned levels. Hence, we recommend to do partial profit booking at each level and trail your SL's ( the levels of SL shall be updated on time.)

As of the changes in the charts till date, Nifty will remain positive till 5800 is intact and our T2 and other targets are likely to be achieved. Once this is broken, we can witness our benchmark index trading at 5700-5750 where it can take support.

Call 0-8585994465, 0-9958781212, 011-64690387 to subscribe to our Advisory Services and get many more detailed reports of stocks/indices, MCX, NCDEX, Currency with proper targets. For further details visit: http://niftyvision.blogspot.in/p/advisory-services.html

And,

Get Nifty Vision's update on Facebook, Visit:
https://www.facebook.com/pages/Nifty-Vision/506045946124548?fref=ts

Nifty Update

Nifty 60 mins.

Nifty Daily.

Nifty in a matured Downtrend.

In our previous post we mentioned that the uptrend has matured and that the downside has began. We also mentioned the levels to which the Indian benchmark index gave high respect and achieved all our targets. 

For now, lets observe the above two charts. Both charts have one thing in common and that is weakness all around. Both the 60 mins and the daily chart do show any kind of strength, leading to a free fall in the market.

With bears gaining power in all the sectors and stocks, at the time when Nifty was at approx. 6175, one could have said that the principle of Dow's theory  which says that the averages must confirm, was personified. For eg: If one looks at the Daily chart of Bank Nifty and Yes bank he could easily make out the co-relation between the two. Both have acted in a similar manner and broken down giving similar patterns.

I have personally felt by my years of experience in TA that with all the tools, methods and techniques available in our subject Dow Theory has always been the foundation for everything. Even after extensive and hard core study as well knowledge of complex studies like Elliott and Gann, the Dow theory has stood a class apart and has always helped me to keep things simple and achieve amazing results; with the above mentioned complex studies just acting as a helping hand to the basics.

In the 60 mins chart, we can see that nifty first broke it's downward channel bounced back a bit but just to complete the level of channel breakout and again coming back and moving in the same downward channel. The up move not moving above it's previous high again alerted us of a matured downtrend. Another important factor to notice is the movement of RSI during that period and the moving average acting as an significant tool. Price not sustaining on its highs and breaking the MA was convincing enough to make a selling position once again.

At this time even the daily chart broke it's symm. triangle, again confirming the principles of the Dow Theory. 

With all factors, saying just one thing: Sell.......Sell......Sell; one should be bearish on the Indian benchmark index. 

But the important questions which arises now is, till when will one continue to be bearish?

Yesterday, nifty closed at 5772. A break below that will lead it further down to approx. 5660 and then to approx. .......... However, the most important thing to be dealt with is the situation if Nifty retraces ...... than .......% of it's previous up move, i.e. if Nifty moves below ........ levels. If this breaks down, it will create disaster in the market. And then Nifty can even fall till ..........

Wait! Their is something else in between as well. And that is the formation of Elliott Waves on the daily chart, which shows that currently the fourth wave is in formation, which can retrace a maximum up to 5600. So, be cautious as this is the last level of the current wave formation. Nifty has a tendency to bounce back anytime before this level, which is now not so far. 

Call 0-8585994465, 0-9958781212, 011-64690387 to subscribe to our Advisory Services and get many more detailed reports of stocks/indices, MCX, NCDEX, Currency with proper targets. For further details visit: http://niftyvision.blogspot.in/p/advisory-services.html

And,

Get Nifty Vision's update on Facebook, Visit:
https://www.facebook.com/pages/Nifty-Vision/506045946124548?fref=ts

Technical Analysis Course in Delhi

New Delhi Institute of Financial Markets (NDIFM)

Technical Analysis (EOD)

Why us:

An educational institute is a place of knowledge. And knowledge must be imparted with utmost honesty. Technical analysis is basically a study of human psychology towards stock markets. Therefore, it must be taught by people who have gained experience by trading.

Generally, the faculties for Technical Analysis are people having bookish knowledge and do not trade. Our faculty is not only an Analyst but a Trader as well, who trades in the real time environment. And teaches you beyond the limitations of a book, by sharing his personal experience of trading. Hence, helping you to sharpen your technical skills.

Visit the faculty profile:

http://in.linkedin.com/pub/gagan-deep-choudhary/35/a9a/494 

( Also a Faculty for Technical and Derivative Analysis at V-Tips, Prithvi Financial Advisory, Wise Trader, Innobuzz knowledge solutions,etc. in New Delhi.)

Suitable For :

Investors / Traders / Dealers / Sub-brokers / Relation Managers / Asst. Relation Managers / Professionals / Graduates / Under graduates / Retired / Other people willing to earn a living by trading./ Students preparing for CMT(US) I & II / CFT.(India) / M.B.A. (Finance & Financial Markets) / CFA (US and India).

Career Opportunities:

1. Work as a Technical Analyst with Brokerage and Research Firms.

2. Fund Manager - Individual or Institutional.

3. Trader.

4. Massive business opportunities. 

Course Content (EOD):

1. Trader's Environment & Terminology - Introduction to stock market. ( What, why and how)

·                     What are stocks and stock market

·                     How does it operate, Who are the players

·                     Terminologies used in the market ( Nifty, Bull & Bear, Squaring off, Rally, Crash, Correction, Bonus  Shares, Dividend, Book Closure Date, Order Types)

2. What is Technical Analysis?

·                     Introduction , Definition, Advantages and Limitations

·                     Technical vs. Fundamental analysis

3. Basics of Technical Analysis:

·                     The Market Cycle

·                     Basics of Chart

·                     Dow Theory

·                     Support & Resistance

·                     Channels

·                     Types of Trend and Trend line

·                     Fibonacci Ratios and Retracement

4.  Moving Average

·                     What is a moving  average

·                     Simple Vs Exponential Moving Average

·                     Crossovers

·                     Moving Average as Support & Resistance

·                     Using Moving Average for trading

·                     Envelopes

5.  Candle Sticks

·                     Construction of a Candle Stick

·                     Importance of Open and Close

·                     Candle Stick Patterns – Single, Double and Triple

·                     Combining  Fibonacci with Candle Sticks

·                     Trading by Candle Sticks

6.  Price Patterns

     A)  Reversal Patterns:

·                     Double Top & Bottom

·                     Head & Shoulder

·                     Falling & Rising Wedge

·                     Rounding bottom

·                     Triple Top & Bottom

·                     Cup and handle

     B)  Continuation Patterns:

·                     Ascending triangle

·                     Descending triangle

·                     Symmetrical triangle

·                     Flag

·                     Pennant

·                     Price Channels

     
     C) Gaps:

·                     Definition

·                     Break away gap

·                     Continuation gap

·                     Exhaustion gap

      D) Island reversal     

      E) Measuring move

7)   Oscillators / Indicators

·                     Relative Strength Index (RSI)

·                     Rate Of Change (ROC)

·                     MACD

·                     Average Directional Index (ADX)

·                     Stochastic

·                     William %R

·                     Trading with Oscillators
-          Bollinger Band

  8) Elliot Wave Theory

  9) Stop Loss

·                     What is stop loss

·                     How to place stop loss

·                     Using Parabolic SAR for stop loss

 11) Volume Analysis.

 12) Inter market Relationship.

 13) Market reaction to news.

 14) Preparing Fact sheet/Research Reports.

Course Fee: Rs. 15,000/-.

Course Duration: 40 hours.

Course Days: Weekdays / Weekends.

Technical Software's : Spider, Meta-stock, Advance Get.

Call us at +91-8585994465 / 9958781212 , 011 - 64690387and Register yourself for the demo class.