Stock Market Technical Analysis

Course Start Date: 16th April 2025

Stock Market Technical Analysis Course Syllabus

Course Overview

This course introduces the principles and tools of technical analysis to evaluate stock market trends, predict price movements, and make informed trading decisions. Participants will learn to interpret charts, identify patterns, and apply indicators to develop trading strategies. No prior experience is required, though a basic understanding of the stock market is helpful.

Duration

20 Hours Live Lectures

Learning Objectives

• Understand the foundations of technical analysis and its role in stock trading.
• Master chart reading and pattern recognition.
• Apply technical indicators and oscillators to analyze price movements.
• Develop and backtest trading strategies based on technical analysis.
• Manage risk and emotions in trading decisions.

Chapter wise Breakdown

Week 1: Introduction to Technical Analysis

• What is Technical Analysis? Definition and principles.
• Technical vs. Fundamental Analysis: Key differences.
• Assumptions of Technical Analysis (e.g., price discounts everything, history repeats itself).
• Tools of the trade: Charting platforms (e.g., TradingView) and data sources.
• Assignment: Set up a charting platform and explore basic features.

Week 2: Understanding Charts and Price Movements

• Types of charts: Line, Bar, Candlestick (focus on candlestick basics).
• Timeframes: Intraday, daily, weekly, monthly.
• Price action concepts: Support, resistance, trends (uptrend, downtrend, sideways).
• Volume analysis: Importance and interpretation.
• Assignment: Identify support and resistance levels on a sample chart.

Week 3: Candlestick Patterns

• Single candlestick patterns: Doji, Hammer, Shooting Star, Marubozu.
• Multi-candlestick patterns: Engulfing, Harami, Morning Star, Evening Star.
• Psychology behind candlestick formations.
• Practical application: Spotting patterns in real-world charts.
• Assignment: Analyze 3 stocks and identify at least 2 candlestick patterns.

Week 4: Trend Analysis and Chart Patterns

• Trend identification: Higher highs, lower lows, trendlines.
• Reversal patterns: Head and Shoulders, Double Top/Bottom, Triple Top/Bottom.
• Continuation patterns: Triangles (Ascending, Descending, Symmetrical), Flags, Pennants.
• Breakouts and fakeouts: How to confirm a move.
• Assignment: Draw trendlines and identify one reversal and one continuation pattern on a chart.

Week 5: Technical Indicators – Momentum and Trend

• Moving Averages: Simple (SMA), Exponential (EMA), crossovers.
• Relative Strength Index (RSI): Overbought/oversold conditions.
• Moving Average Convergence Divergence (MACD): Signals and interpretation.
• Stochastic Oscillator: Usage and limitations.
• Assignment: Apply RSI and MACD to a stock and interpret the signals.

Week 6: Volume and Volatility Indicators

• Volume-based indicators: On-Balance Volume (OBV), Volume Weighted Average Price (VWAP).
• Volatility indicators: Bollinger Bands, Average True Range (ATR).
• Combining volume and price for confirmation.
• Practical exercise: Analyze a stock using Bollinger Bands and OBV.
• Assignment: Find a stock with a recent breakout and analyze volume trends.

Week 7: Building and Testing Trading Strategies

• Components of a trading strategy: Entry, exit, stop-loss, and take-profit rules.
• Combining indicators and patterns for decision-making.
• Backtesting: How to test a strategy using historical data.
• Common pitfalls: Overfitting, curve-fitting, and ignoring risk.
• Assignment: Create a simple trading strategy and backtest it on a stock.

Week 8: Risk Management and Psychology

• Risk management: Position sizing, risk-reward ratio, stop-loss placement.
• Trading psychology: Overcoming fear, greed, and overtrading.
• Developing a trading plan and maintaining discipline.
• Review of real-world case studies: Successes and failures in technical trading.
• Final Project: Present a complete technical analysis of a stock, including a trading strategy.

Course Materials

• Recorded videos of all Live Classes
• One month support after completion of course.
• Access of all live classes from anywhere and anytime.

Assessment

• Online test after completion of each chapter.
• Certificates for Every Qualifiers after completion of all test and its remarks.

Prerequisites

• Basic understanding of stock market terms (e.g., stocks, shares, trading).
• Access to a computer with internet for charting software.

This syllabus provides a structured path to mastering technical analysis, balancing theory with hands-on practice.