Technical Analysis is a research technique to identify trading opportunities in market based on the actions of market participants.

We identify patterns to develop a point of view and gain profits in short term.

Like all research techniques, Technical Analysis also comes with its own attributes, some of which can be highly complex. However technology makes it easy to understand. We will discover these attributes as we proceed along this module.

To begin with, we will be learning how to analyze market sentiment using Single Candlestick patterns: we will be learning how prices in the market move up/down and what it indicates to the trader and how someone can use these indicators to grab the opportunity to gain profits.

Single Candlestick patterns which we will be covering :-

• The Marubozu (Bullish Marubozu and Bearish Marubozu)

• The Spinning Top

• The Doji

• The Paper Umbrella (Uptrend and Downtrend)

• The Shooting Star

Multiple Candlestick patterns which we will be covering :-

• The Marubozu (Bullish Marubozu and Bearish Marubozu)

• The Spinning Top

• The Doji

• The Paper Umbrella (Uptrend and Downtrend)

• The Shooting Star

Everything you need to know about the IPO Market.

• Why did the company decide to file for an IPO? In general, why do companies go public?

• What would happen to the existing shareholders after the IPO?

• What does the general public look for before they subscribe to the IPO?

• How does the IPO process evolve?

• How to analyze an IPO?

• How to apply for an IPO?

• What happens after the company goes public?

You must be wondering what these names mean. Some of the patterns retain the original Japanese name. Candlestick patterns help the trader develop a complete point of view. Each pattern comes with an in built risk mechanism. Candlesticks gives an insight into both entry and stop loss price.

Prerequisites:

• Candlestick Anatomy

• Demat Account

Mantra :Quantify and Verify.