590
*incl. of TaxesThe Lines Never Lie
4.2 Rating
Intermediate- English
- 689 Learners
- Date: Jan 19, 2019
- Time: 03:00 PM
- Duration: 2 Hours
Introduction
Chart patterns summarise all of the buying and selling that occurs in the stock market. It provides a complete pictorial record of all trading as well as a framework for analyzing the bull-bear battle. Chart patterns can assist us in determining who is winning the battle and in positioning traders accordingly. Short-term and long-term forecasts can be made using chart pattern analysis. The chart patterns can use data that is intraday, daily, weekly, monthly, or yearly. Gaps and reversals can form in a single trading session, but broadening tops and dormant bottoms can take months to form. Knowing correct methods for trend lines, Channels, and Classical Chart Patterns - how to draw, significance, purpose, using them for profitable trading.
Objective
- Trendlines are widely used by market participants to judge support and resistance. But price movement is always not very precise and often deviates at turn-around points. It is very important to know the correct methodology to draw a proper trend line to avoid confusion and have clarity about the support and resistance of the stocks.
- Drawing multiple trendlines near congestion zones gives rise to channels and classical chart patterns which have very important significance in terms of trading profitability.
- The objective of the webinar is to have a clear understanding of the rules through which one can correctly and confidently use the trendlines, channels, and classical chart patterns with ease in trading.
Speaker
Thoviti Brahmachary
Technical Analyst, Head, ATMA, Hyderabad Chapter, Financial Journalist, Columnist, Television Host.
Mr T. Brahmachary is a renowned Technical Analyst, Television Host, Financial Journalist. He has over 25 years of experience in analyzing stock markets. He has been practicing Technical Analysis since 2000 and trained over 4000 traders across India.
Currently, he is the ATMA Hyderabad Chapter head and associated with Namasthe Telangana Daily Newspaper as Business Editor. He has been closely following and reporting economic reforms and market forecasts in various newspapers, magazines and electronic media.
He holds three Masters degrees in various disciplines - Journalism, Political Science and Business Administration along with a PG Diploma in Financial Management.
What You Will Learn?
- Correct methodology to draw trendlines by selecting correct points of turn around
- Application of the concepts of channels
- Application of the concept of a few classical chart patterns in the context of overall price movements.
Materials to be shared with participants
Prerequisites
Anybody can attend with little or No knowledge about technical analysis.
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.
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