Technical Analysis indicator RSI को use करने का एक अनोखा तरीका।
Bharat Jhunjhunwala, Founding Director and the brain behind ProRSI, is one of the most sought-after experts and trainers. He has multiple accolades to his name that vouches for his credibility. Bharat has a Master of Financial Technical Analysis (IFTA), Chartered Market Technician (CMT), and Certified Financial Technician (CFTe). He is also an esteemed member of the Market Technicians Association (MTA – USA). Over the years he has trained hundreds of traders on the back of his vast, hands-on experience in World Equity, Currency, and Commodity markets.
IN CONVERSATION WITH
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 video of the face2face series, we have with us Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, in conversation with Mr. Bharat Jhunjhunwala, a businessman and a part time trader by profession. He is someone who became involved with the financial markets in 2005 and has been trading and practising for over 15 years now. He is someone who has witnessed various market cycles and also made profits during the crash of 2008.
15 years of experience is spelled out in this video, so you certainly don’t want to miss out on this video. This video is also suitable for all part time traders in the stock markets. Many people just like Mr. Bharat, have other things to look after and cannot be a dedicated trader. So this video will also be very helpful for them.
The video starts with a brief introduction of Mr. Bharat and his journey in the stock markets from a learner to becoming a successful trader. The speaker will then talk about momentum trading using a technical indicator known as the Relative Strength Index or the RSI. The speakers will discuss all aspects of this indicator and the meaning behind it.
In the next part of the video, Mr. Bharat will discuss a trading strategy based on price action and the RSI indicator. He will explain the strategy in great detail by performing technical analysis on real life stocks. He will also discuss ways to identify early, potential trend reversals in the markets using the RSI indicator.
Then the speakers will talk about strategies to time a proper exit from a long or a short position. He says that it is a well known fact that it is easy to enter or make a position in any stock. But timing the exit correctly is critical and challenging at the same time. So using RSI and price action, the speaker will discuss an exit strategy too.
Finally towards the end, the speaker will emphasise on the importance of practice, continuous study and adhering to one strategy. He says often traders divulge from their strategies and let emotions creep in, but he says it is very important to remain focused and not make decisions in a hurry. So do watch the video in full and continue to support us so that we can bring you many more such videos.