Rohit Sivastava has 30 years of market experience as a Market Technician, Head of Research, Strategist and Fund Manager, and has done path breaking work in combining fundamentals economics and market behavior into predictive models of asset market behavior. Rohit's popular monthly market strategy report 'The Long Short Report' does a deep dive into the long term trends across markets and different asset classes like currencies gold silver etc. He manages to link Global Macro to market action in a clear top down approach. Rohit writes a daily market newsletter for traders and investors at www.indiacharts.com to help them better understand these trends as they unfold. While doing so he does not provide advisory services or stock broking services to avoid any conflict of interest with the work he does. His objective is clear in communicating his personal investment and trading process to the world through these publications and directly with a 3 month Mentorship Program.
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 will watch an informational conversation between Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, and Mr. Rohit Shrivastava, an avid investor and trader who has been a participant of the stock market for 30 years.
Mr. Shrivastava has been a part of the financial sector and the stock market as a market technician and fund manager over these years, and in this video, Mr. Shrivastava will explore the relationship between the equity, commodity, currency and debt markets, which can help us expertly pursue multi-asset investment and trading, and the fundamental and technical analysis of multiple assets.
Mr. Shrivastava will first discuss the events from his life as a stock market participant over the years, and the importance of fundamental and technical analysis of stocks, assets, etc, with a special focus on Elliot Wave theory.
Next, Mr. Shrivastava will explain how he made a gradual shift from fundamental analysis of stocks to the Elliot Wave theory to avoid the failure of any single tool affecting his trade or investment, and how he now uses a combination of both to assess his trading and investment decisions.
Next, we will begin a technical discussion on how he uses the various parameters of fundamental and technical analysis of stocks, especially Elliot Wave theory, to assess his decisions. We will start this discussion with the basic concept of the Kondratieff Economic cycle, or the long wave, and how it helps us trace the expansion and contraction of an economy, and consequentially, the stock market.
We will see how each phase of the long wave helps us understand how to trace the performance of the various asset classes of the stock market, like debt, equity, commodities and currencies.
After seeing the application of the long wave on a macro basis, we will see how this cycle plays out on a short-term basis, in the Indian stock markets, with some practical examples of the charts of some companies. He will also show the corresponding cyclic movements in the other segments of the market, like commodities and currencies. We will see how some events have impacts which encompass all stock market segments.
Next, we will see how the cycle lags between different segments of the stock market for long-term and short-term time frames, and how this separately affects the decisions of investors and traders.