This book has been compiled with the intention to help the traders to learn the methods of Technical Analysis, its indicators, oscillators. The book explains how to apply the indicators, oscillators and how to draw conclusions using them for trend determination.
Traders can also learn about the chart patterns and how to draw inferences from them by using this book. Through this book an attempt has been made to bring the knowledge of various indicators and oscillators of Technical Analysis to the hands of the traders in a very simple and proper manner, so that the learning becomes simple, easy and effective.
It contains separate chapters on Dow Theory, Elliot Wave, Trendlines, Moving Averages, Bollinger Bands, MACD, RSI, Stochastics, Pivot Analysis, Supports & Resistance, PSAR, Fibonacci, Gaps and 10 important Chart Patterns.
The entire subject of Technical Analysis is systematically arranged in a lucid step by step manner, in order to make the use of this book simpler and effective to the readers, so that they may be able to easily understand apply them into their trading for maximizing their profits.
Two dedicated chapters has also been included to explain Practical Trading in Nifty & Bank Nifty with the help of Technical Analysis and how to draw inferences to go long or go short in Nifty & Bank Nifty. This has been explained with many examples and illustrated Price Charts along with overlaying of the indicators within the charts.