Mr. Sourabh Sisodiya
Sourabh Sisodiya is really passionate about the Capital markets and is Co-Founder of Quantify Capital, a quantitative research and trading company. The quest for thorough professional knowledge of the investment arena led him to pursue the CFA Charter. In this video, we have with us our rocking host Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, in conversation with Mr. Kuldeep Singh Randhawa, who is in the finance industry for the last 19 years. He is also a regular guest on CNBC Awaaz In his free time, you’ll find him reading a book on financial markets or playing the guitar.
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 an informational conversation between Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, and Mr. Nimblr, a very low-profile trader who has been dabbling with technical analysis for so long that he is now nothing less than an expert in the subject himself.
Mr. Nimblr will start this video with how the generation of today approaches their journey of learning technical analysis, and the common misconceptions and mistakes they make in their approach. Following this, he will talk about his own method of beginning his learning of the subject and how it has helped him become an expert of technical analysis and stay relevant throughout his years of practice.
Next, beginning the technical discussion, Mr. Nimblr will discuss how important it is to understand the flow of price in the market, no matter what your objectives are in the stock market, and no matter what kind of trader or investor you are. He will also discuss is why price flow forms the foundation of his techniques as well.
Mr. Nimblr calls candlesticks the “trading candlesticks”, and he specifies his reasons as to why. He will talk about the various parts of a candlestick and how one should observe the various parts of a candlestick body to make the most efficient decisions for their portfolio.
Following this, Mr. Nimblr talks about what makes his approach different from all the other ways of entering and exiting a trade, and why he has chosen to abandon the various popular names by which the different types of candlesticks are known, and just identify candlesticks with their body height, open and close. He will talk about his own categorization of candlesticks on the basis of candle height, and the implications of these categories.
Mr. Nimblr mainly categorizes candlesticks into momentum and indecision candlesticks. The next part of our discussion will focus on the origin of this categorization, and the various subcategories of these candlesticks as well. Apart from learning how to identify these candlesticks and their implications in the market, Mr. Nimblr will also pick up some practical examples across different segments of the stock market, to show us exactly how he uses his categorization to decide upon the best entries and exits in the stock market.