What You Will Learn

This course provides a thorough understanding of stock market technical analysis. You will learn essential concepts step by step, starting from the basics and progressing to more complex topics.

Day 1: Introduction to the Stock Market

• Learn what the stock market is and how it operates.

• Understand the roles of buyers and sellers in stock exchanges.

• Differentiate between primary and secondary markets.

• Identify key participants such as retail traders, institutions, and brokers.

• Familiarize yourself with basic terminology like shares, IPO, market capitalization, and liquidity.

Day 2: Candlestick Patterns

• Explore the structure of candlesticks, including open, high, low, and close.

• Understand different types of candles: bullish and bearish.

• Recognize important patterns like Doji, Hammer, Engulfing, and Shooting Star.

Day 3: Chart Patterns

• Define chart patterns and their significance in trading.

• Learn about continuation patterns such as Flags and Pennants.

• Understand reversal patterns like Head & Shoulders and Double Tops/Bottoms.

• Dive into concepts of breakout and fakeout.

Day 4: Indicators

• Discover what indicators are and their role in trading.

• Study different types of indicators, including trend, momentum, and volume indicators.

• Learn about popular indicators like RSI, Moving Averages, and MACD.

Day 5: Support & Resistance

• Understand the concepts of support and resistance in price levels.

• Learn about role reversal where support becomes resistance.

• Dive into the difference between zones and lines.

• Examine the psychology behind these levels.

By the end of the course, you will have a solid foundation in technical analysis. You will practice skills such as identifying price action, recognizing patterns, and using indicators effectively. You will also learn about risk management techniques, including stop loss and risk-reward ratios. Practical exercises will help you backtest strategies and create a trading checklist.