Basics of Technical Analysis of Stock

Overview
Curriculum
Instructor

Day 1: Introduction To Technical Analysis

Introduction to Technical Analysis
Key differences between fundamental analysis and technical analysis-What is undamental Analysis ?
Key differences between fundamental analysis and technical analysis-What is Technical Analysis ?
What are the Key Differences between Fundamental Analysis and Technical Analysis?
Advantages and limitations of technical analysis
Basic principles and assumptions of technical analysis
What is the Dow Theory?
The six basic tenets of the Dow Theory
Applications of Understanding the Market Cycle
The Psychological Ebbs and Flows of Market Cycles

Day 2: Chart Types And Patterns

Understanding different chart types (line, bar, candlestick)

Introduction to price patterns (trends, support and resistance levels)

Recognizing common chart patterns (e.g., head and shoulders, double tops/bottoms)

Using patterns to identify potential price reversals and continuations

Time Frame Selection

Scale selection

Software for Analysis

Day 3: Technical Indicators

Introduction to technical indicators (lagging and leading indicators)

Trend indicators

Momentum indicators

Volatility Indicators

Volume Indicators

Popular indicators: Moving Averages

Popular indicators: , Relative Strength Index

Popular indicators: MACD

Popular indicators: Stochastic Oscillator

Popular indicators: ADX

Popular indicators: Bollinger Band

Interpretation and application of indicators-Trend Identification

Interpretation and application of indicators-Confirmation and Validation of Trend

Interpretation and application of indicators-Over bought & Oversold Signals

Interpretation and application of indicators-Divergence

Interpretation and application of indicators-Time frame Consideration

Interpretation and application of indicators-Understanding Indicatitors Limitations

Combining multiple indicators for confirmation signals

Day 4: Volume Analysis And Market Breadth

Importance of volume in technical analysis

Volume indicators: On-Balance Volume (OBV), Volume Weighted Average Price (VWAP)

Interpreting volume patterns and their significance

Overview of market breadth indicators (Advance-Decline Line, McClellan Oscillator)

Day 5: Trendlines And Support/Resistance

What is trend?

Types of Trend-Uptrend, Downtrend & Sideways

Drawing trendlines and understanding their significance

Identifying and confirming trend reversals

Using support and resistance levels to make trading decisions

Dynamic support and resistance (moving averages, trend channels)

Pivots as Support & Resistance

Day 6: Risk Management And Trade Execution

Risk management principles in technical analysis

Setting stop-loss orders and profit targets

Position sizing and calculating risk-reward ratios

Executing trades based on technical analysis signals

Day 7: Putting It All Together

Developing a trading plan based on technical analysis

Case studies and real-world examples

Make your rule book

Curriculum

7 Sections
73 Lessons
7 Days

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Anupam Shukla

Mr Anupam Shukla(Chief Training Officer ‘Trading Lab’ ) is a Marine Engineer with over two decades of experience serving in the ocean. During his career in the ocean, he has visited many nations. His inherent capability to logically explore complicated concepts and his excellence in this capacity were groomed during his initial profession in the Merchant Navy. His interest lies in playing with data, charts, and lines, and then evaluating complex queries, which naturally drove him towards the fields of finance, quants, and astrology. In 2006, while studying the Time Cycle Theory of WD Gann and natural harmonics through Fibonacci ratios, Mr Shukla discovered a systematic approach to evaluating markets that have been used by geniuses for centuries. As he grew intellectually and logically, he embarked on a serious journey in the core stock markets and Astroeconomics. In 2006, he developed a rare and standalone software for commodities using Sarvatobhadra Chakra, a mathematical model based on Sarvatobhadra Chakra in Vedic Astrology, which forecasts the prices of commodities. During his market research, Mr Shukla noticed a change in the character of the market, becoming more dynamic and digital. As a result, he decided to focus on market data through fundamental analysis, technical analysis, and quants. He has read numerous books on the stock market over his two-decade journey and has consulted with many experts. Due to his striving towards excellence, he came across four great professionals in the field whom he greatly admires and follows: Mr Shubham Agrawal, Mr Bhavin Desai, Mrs Tina Gadodia, and Mr Prashant Jain. Mr Shukla is well aware of the strength of hedging in the financial market. Instead of following “the smart money,” he follows successful fund managers or Research Heads of Fin Markets. He has logically decoded essential steps to stay calm and survive in the Fin market and with your strong stay, one can achieve wealth. He has conducted webinars in the Option Expert series, a unique F&O option club, and has actively involved himself in training individuals who are serious about the financial market. He has acquired all essential certificates from NISM and NCFM, and in 2024, he aims to obtain the topmost market technician certificate from the USA. With his core skill of selecting stocks based on the timeframe using logical codes, Mr Shukla is a core option scalper and has developed many rewarding strategies. He is a data-driven trader and, above all, he loves to teach people. His motto is to provide knowledge that can transform lives and lead to a better state.

Trading Lab Academy

Basics of Technical Analysis of Stock