A Farmer turned stock Market Trader from Rajasthan.


Mr. Heeralal Sharma

He belongs to a small village malwa, near Jaipur & they are farmers by origin. He has completed his schooling at a nearby government school. He started his carrier as a computer hardware accessor. In 2004, coincidentally he met a share sub-broker who identified his zeal & recommended him as a dealer in Anand Rathi, where he worked till 2010. Later in 2010, he and his friend took a decision to start their own sub-broker id & from there he started realizing that charts & technical analysis are the keys to trade in the stock market. On his continuous search for learning, in 2012 he came across JUSTNIFTY blog which use to be published in context to ELLIOTT WAVE principles. While on his learning cum practicing days through EWP, he met with a small accident in 2019 but still he didn't stop practicing EWP & thereafter from January 2020 onwards he started trading successfully with EW principles. He wants to thank all his Teachers & Mentors.

Mr. Heeralal Sharma in Face2Face

Mr. Vivek Bajaj


Mr. Vivek Bajaj

The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.

About this Face2Face:

In this Face2Face video, we have with us Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, in a conversation with Mr. Heeralal Sharma. He will talk about one of the science behind trading, which is the Elliot Wave theory. One of the complicated topics in trading will be explained by a trader from a small town in Rajasthan. The catch is that you will have to watch the video till the end for a better understanding. 


The Elliott wave principle is a form of technical analysis that helps traders in analysing the financial market cycle. With the help of this Elliott wave theory, traders can forecast market trends by identifying extremes in prices and investor psychology. Elliott Wave Theory suggests that movements of the market follow a sequence of crowd psychology cycles. The Elliott Wave Patterns are formed according to the ongoing market sentiment, which alternates between bullish and bearish cycles.


As you will proceed with the video, you will keep discovering the various principles of the Elliot Wave theory, which is the background of the strategy that he follows. The trick is to concentrate on the charts and graphs he will present in this video to teach our learners about the different waves that affect trading on the whole. 


Due to his experience in stock market trading and sub-brokerage, he has been able to cover various aspects of the financial sector in this video. It is important to learn how the waves make an impact on the share market and the stocks, so people who use this strategy can predict the movement of the trade while trading. 


He will also talk about the motive waves and the combination of the Elliot Wave with Moving Average Convergence and Divergence (MACD).


Watch the whole video to understand the complexity of Elliot wave theory from a farmer turned stock market trader so that.