How do you "Bottom fish" in this correction?
- Intermediate
- English
- 1271 Learners
- Date: Nov 5, 2024
- Time: 07:00 PM
- Duration: 1 Hour
Introduction
October 2024 has been a month of correction for the Indian equity markets. Approximately a fall of 8% for the benchmark Nifty index means that many sectoral indices have corrected much more. This gives contrarian traders an opportunity to bottom fish.
And so, in this webinar, we will discuss precisely how a momentum trader can position himself and look to ride the bounce back. You will also delve into the how to identify stocks showing signs of recovery and rank sectors that are likely to lead a rebound.
Objective of the Webinar
- How to identify a possible bottom after the recent correction
- To rank sectors that can lead the prospective bounce back.
- Identify high-probability stocks that have started to show signs of bottoming out.
Speaker
Abhijit Paul
With over 19 years of experience in the Indian Financial markets, Mr. Abhijit Paul has played multiple roles as Technical Research Head, Fund Manager, and his favourite an active trainer in the field of Technical Analysis and Trading.
He had played pivotal roles during his stay in Mumbai in institutions like ICICI Securities and BRICS Securities. Academically he has an MBA in Finance from Mumbai and a B.Sc in Economics from the University of Calcutta.
What You Will Learn?
- A contrarian setup that can give signs of a possible bounce back.
- How do you mark lows where and when they get formed with the help of Fractals?
- How do you rank your contrarian picks so that your timing of the bounce-back trades is as good as perfect?
Disclaimer: This session is solely for educational purposes. We are not advising any trading or investment ideas. We do not bear any responsibility for any trading losses you might incur as a result of using this learning content/ data/ indicators/ charting platform. The securities displayed, if any, are for illustration only and are not recommendatory. Please be fully informed regarding the risks and costs associated with trading in the financial markets.
Materials to be shared with participants
The webinar attendees will have access to the recording, which contains all the relevant information and insights. This will give the participants a hands-on reference to the concepts and case studies discussed during the session.
Prerequisites
Participants should have a good understanding of the basics understanding of the technical analysis before attending this session.
How to Participate
Step 1 : Click on ‘Book Your Seat !‘ button and book your seat for the webinar.
Step 2 : You will receive an email containing a link to join the webinar.
Step 3 : Click on the same link to join 15 minutes before the start of the webinar.
Step 4 : Checksystem requirements and do necessary configuration of your headphone/speaker and system volume.