एक नयी technical study - Harmonics

YOUR SPEAKER

Brijesh Bhatia

An MBA graduate with more than a decade of experience in markets across various asset classes like Equities, Commodities and Forex. He regularly appears on media channels like CNBC and Bloombergquint as market experts. He is also a speaker at various domestic and international trading events like Traders Carnival, Association of Technical Market Analyst, Definedge Event and Bloomberg India. He has an edge over Technical analysis patterns like Harmonics, Wyckoff and Heikin Ashi. Coming to my work experience; he is working as Head of Research at Dealmoney Securities Pvt Lt and prior to that, he had worked at well known broking companies like Edelweiss Broking Ltd, Asit C Mehta Inv Int Ltd, UTI Securities and Alpha Commodities Ltd (LKP Shares).


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 our Face2Face series, Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, will engage in a conversation with Mr. Brijesh Bhatia, who will be talking about how we can trade in the stock market in the best manner possible.

Mr. Bhatia will start the video with an introduction of himself, and how he expanded his experience in the stock market with his academic background and his familial background. We will see how Mr. Bhatia began his journey of stock trading in the stock market. We will see how Mr. Bhatia learned and gained expertise on trading harmonics and indicators like Heikin Ashi candlesticks over the last ten years and more.

Mr. Bhatia will start the discussion with some advice on gaining expertise for novice traders and investors. Following this, we will discuss the importance of a reversal strategy when it comes to stock trading with Harmonic patterns. We will discuss the advantages of reversal strategies with practical examples.

With actual charts of stocks, we will see how Fibonacci numbers play into the retracement and reversal basics discussed by Mr. Bhatia. We will also discuss some basic, intermediate, and advanced-level Harmonics patterns and see how they play out in the actual charts of stocks, and see how we can form effective trades and strategies around these patterns.

We will also discuss suitable timeframes and software to figure out the working of the reversal-based trades and strategies, based on harmonics. We will also see how Mr. Bhatia finds and confirms his trades over charts and patterns of various types. We will explore the various patterns like Bullish Gartley, etc. with some more examples of Mr. Bhatia’s trades.

Next, we will see if all these trades, strategies, and patterns can work with indices as well. We will explore examples of patterns like Bearish Butterfly, working on popular market indices like the Bank Nifty, and what implications we can take from these patterns to make the best trading decisions for our capital.

Next, Mr. Bhatia will discuss some basic tips he follows when he is executing trades with these patterns, and how he uses the Heikin Ashi charting tool for execution and identification of trades. We will next discuss the basics of the Heikin Ashi as a useful advanced candlestick charting tool. We will see how we can identify it, and how we can use it in unique timeframes to find out the best opportunities for stop-losses and trading stocks.