COMPLETE TECHNICAL ANALYSIS
COMPLETE TECHNICAL ANALYSIS by iitwa.com
UNIT-I – BASIC OF TECHNICAL ANALYSIS
Chapter – 1: The Chart
1.1: Structure of Chart
1.2: Different Types of Chart
1.2.1- Line Chart
1.2.2- Bar Chart
1.2.3- Candlestick Chart
1.2.4- Heikein Ashi Chart
1.2.5- Line Break Chart
1.2.6- Renko Chart
1.2.7- Kagi Chart
1.2.8- Point and Figure Chart
Chapter – 2 : Rationale of Technical Analysis
2.1: Basic Tenets of Technical Analysis
2.1.1 - Market Discount Everything
2.1.2 - Price Moves in Trends
2.1.2.1 - Why Price Moves?
2.1.2.2 - The Trend
2.1.3 - History Repeat itself
2.2: Scrip Selection for Technical Analysis?
2.3: Advantage and Disadvantage
Chapter – 3: Theories of Trend
3.1: Dow Theory
3.1.1 - History
3.1.2 - Six Basic Tenets of Dow Theory.
3.1.3 - Why Close Line Chart?
3.1.4 - Criticism on Dow Theory
3.2. Elliott Wave Theory
3.2.1 – History
3.2.2 – Basic Rules of Elliott Wave Theory
3.2.3 – Rule of alternation
3.2.4 – Rule of Equality
3.2.5 – Rule of Overlap
3.2.6 – Channeling
3.2.7 – Fibonacci Ratio/ Retracement
3.2.8 – Degrees
UNIT-II – ARSENAL OF TECHNICAL ANALYSIS
Chapter – 1: Trend Enhancers
1.1. Forward Support and Resistance
1.2. Reverse Support and Resistance
1.3. Psychology behind Support and Resistance
1.4. Trend Lines
1.5. FAN Principle
1.6. Channel Lines
1.7. Speed Line
1.8. Gann and Fibonacci Lines
Chapter – 2: Conventional Price Patterns
2.1 - Price Patterns
2.2 - Reversal Pattern
2.2.1 – Concept of Reversal Pattern
2.2.2 - Head and Shoulder
2.2.3 - Doubles
2.2.4 - Triples
2.2.5 - Saucers
2.2.6 - Spikes
2.3 - Continuation Patterns
2.3.1 – Concept of Continuation Patterns
2.3.2 – Measured Move
2.3.3 - Triangles
2.3.4 - Flags
2.3.5 - Pennants
2.3.6 - Wedge
2.3.7 - Rectangles
Chapter – 3: Indicators
3.1 – What are Indicators?
3.2 – Technical Indicators
3.2.1 – Trend Following Indicators
3.2.1.1 – Moving Averages (MA)
3.2.1.2 – Moving Averages Convergence Divergence (MACD)
3.2.1.3 – Average Directional Index (ADX)
3.2.1.4 – Super Trends (ST)
3.2.1.5 – Slope Triple Exponential (TRIX)
3.2.1.6 – Parabolic Stop and Reverse (SAR)
3.2.2 – Oscillator (Momentum) Indicators
3.3.2.1 – Momentum Oscillator
3.3.2.2 – Stochastic Oscillator (STS)
3.3.2.3 – Relative Strength Index (RSI)
3.3.2.4 – Larry William %R (%R)
3.3.2.5 – Rate of Change (ROC)
3.3.2.6 – Money Flow Index (MFI)
3.3.2.7 – Commodity Channel Index
3.3.2.8 – Ichimoku Kinko Hyo (IKH)
UNIT-III – ADVANCED TECHNICAL ANALYSIS
Chapter – 1: Time Cycles
1.1 – Introduction
1.2 – Time Cycles
1.2.1 – Basic of Time Cycle
1.2.1.1 – Three Qualities of Time Cycle
1.2.1.1.1 – Amplitude
1.2.1.1.2 – Period
1.2.1.1.3 – Phase
1.2.1.2 – Cyclic Principle
1.2.1.2.1 – Summation
1.2.1.2.2 – Harmonicity
1.2.1.2.3 – Synchronicity
1.2.1.2.4 – Proportionality
1.2.1.3 – Principle of Variation
1.2.1.4 – Principle of Nominality
1.2.2 - Cyclic Concept and Charting
1.3 – Dominant Cycles
1.4 – Cycle Length
1.5 – Importance of Trend
1.6 – Left and Right Translation
1.7 – Isolation of Cycle
1.8 – Seasonal Cycles
1.9 – Stock Market Cycles
1.10 – Presidential cycle
1.11 – Combining Time Cycle with other technical Analysis
Chapter – 2: Advanced Patterns
2.1 – Advanced Channelling Pattern
2.1.1 – Wolfe Wave Pattern
2.1.2 – Gartley Pattern
2.2 – Harmonic Pattern
2.2.1 – Bat Pattern
2.2.2 – Butterfly Pattern
2.2.3 – Crab Pattern
2.2.4 – Shark Pattern
2.2.5 – Cypher Pattern
2.2.6 – ABCD Pattern
2.2.7 – ‘3’ – Drive Pattern
Chapter – 3: Market Profile
3.1 – Introduction
3.2 – Market Profile Graphic
3.3 – Market Structure
3.3.1 – Value Area
3.3.2 – Unfair Area
3.4 – Market Profile Organizing Principle
3.4.1 – Auction Setting
3.4.2 – Continuous Negotiation
3.4.3 – Market Balance and Imbalance
3.4.4 – Time Frame and Trader’s behavior
3.4.5 – Role of Short Term and Long Term Trader
3.4.6 – Price and Value
3.5 – Range Development and Profile Pattern
3.5.1 – Normal Day Range
3.5.2 – Normal Day Range Variation
3.5.3 – Trendy Day Range
3.5.4 – Neutral Day Range
3.6 – Tracking longer Term Activity
3.6.1 – Extremes
3.6.2 – Range Extension
3.6.3 – Value Area
3.6.4 – TPO
3.6.5 – Influence beyond Today
UNIT- IV – DERIVATIVE ANALYSIS
Chapter – 1: Introduction to Derivatives Markets
1.1 – History of Derivative Trading
1.2 – Types of Derivative on Exchange Basis
1.2.1 – OTC (Over the Counter) Derivatives
1.2.2 – Exchange Traded Derivatives
1.3 – Participants
1.3.1 – Hedgers
1.3.2 – Arbitrageurs
1.3.3 – Speculators
1.3.4 – Margin Traders
Chapter – 2: Future Derivative
2.1 – Understanding future Contract and Terminologies
2.2 – Fair Value Calculation
2.3 – Pay-off Diagram of Future
Chapter – 3: Option Derivative
3.1 – General concepts of Options
3.2 – Call Option
3.3 – Put Option
3.4 – Understanding terminologies used for option
3.5 – Option values
3.5.1 – Option Value Calculation
3.5.2 – Time Value
3.6 – Factor Affecting Options Price
3.6.1 – Major Factors
3.6.1.1 – Underlying Price
3.6.1.2 – Underlying Volatility
3.6.1.3 – Strike Price
3.6.1.4 – Expiry Time
3.6.2 – Minor Factors
3.6.2.1 – Risk Free Interest Rate
3.6.2.2 – Dividend Rate
3.6.3 – Volatility
Chapter – 4: Option Analysis
4.1 – Greeks
4.1.1 – Delta
4.1.2 – Gamma
4.1.3 – Vega
4.1.4 – Theta
4.1.5 – Rho
4.2 – Open Interest
4.2.1 – Understanding Open Interest
4.2.2 – Interpretation of Open Interest
4.3 – Option Chain Analysis
4.3.1 - Knowing Market Direction from Option Chain
4.3.2 – Knowing Support and Resistance with Option Chain
4.3.3 – Calculation of Upper Range and Lower range with Option Chain
4.3.4 – Knowing Market Breadth with Option Chain
4.3.4.1 – Put Call Ratio of OI
4.3.4.2 – Put Call Ratio of Volume
4.3.4.3 – Put Call Ratio Interpretation
4.3.4.3.1 – During Dips in Up Trend
4.3.4.3.2 – During Resistance Level in Up Trend
4.3.4.3.3 – During Corrective Rally in Down Trend
4.3.4.3.4 – During Support Level in Down Trend
Chapter – 5: Future Contract Trading
5.1 – Hedging with Future contract
5.1.1 – Long Position Hedging
5.1.2 – Short Position Hedging
5.1.3 – Portfolio Hedging
5.2 – Arbitraging
5.3 – Speculation
Chapter – 6: Option Contract Trading
6.1 – Option Trading Rules
6.2 – Option Trading Strategies General Concept
6.2.1 - Plan Vanilla Option trading
6.2.1.1 – Call Holding and writing
6.2.1.2 – Put Holding and Writing
6.2.1.3 – Rolling the Options
6.2.2 - Using Spread in Option trading
6.2.2.1 – Vertical Spread
6.2.2.1.1 – Debit Spread
6.2.2.1.1.1 – Bull Call Debit Spread
6.2.2.1.1.2 – Bear Put Debit Spread
6.2.2.1.2 – Credit Spread
6.2.2.1.2.1 – Bear Call Credit Spread
6.2.2.1.2.2 – Bull Put Credit Spread
6.2.2.1.3 – Neutral (Combination) Spread
6.2.2.1.3.1 – Straddle Spread
6.2.2.1.3.2 – Strangle Spread
6.2.2.1.3.3 – Ratio Spread
6.2.2.1.3.4 – Butterfly Spread
6.2.2.1.3.5 – Iron Condor
6.2.2.1.3.6 – Risk Reversal
6.2.2.1.3.7 - Box Spread
6.2.2.2 – Calendar (Horizontal) Spread
6.2.2.3 – Diagonal Spread
6.2.2.4 – Cash and Option Spread
6.2.2.4.1 – Covered Call writing
6.2.2.4.2 – Protective Put
6.2.2.4.3 – Fence
UNIT-V – DPB – THE CONTRARY TRADING
Chapter – 1: What is DPB?
1.1 - An Introduction with DPB
Chapter – 2: Essential of DPB
2.1 – Biased Bar
2.2 – Biased Bar Line
2.3 – Biased Count
2.4 – Role of Moving average
Chapter – 3: Conditional of DPB
3.1 – DPB Forming with Out Bar
3.2 – DPB Forming with In Bar
Chapter – 4: Limitations of DPB
4.1 – Effect of Larger Trend on DPB
Chapter – 5: Targets, Support and Resistance of DPB
Chapter – 6: How to club DPB with Technical Analysis?
UNIT- VI – RISK (MONEY) MANAGEMENT
Chapter – 1: Three Elements of Trading
Chapter – 2: Money Management
Chapter – 3: Risk Control
Chapter – 4: Trading Tactics
Chapter – 5: Clubbing Money Management with T. A.
Chapter – 6: Intra – Day Trading
UNIT-I – BASIC OF TECHNICAL ANALYSIS
Chapter – 1: The Chart
1.1: Structure of Chart
1.2: Different Types of Chart
1.2.1- Line Chart
1.2.2- Bar Chart
1.2.3- Candlestick Chart
1.2.4- Heikein Ashi Chart
1.2.5- Line Break Chart
1.2.6- Renko Chart
1.2.7- Kagi Chart
1.2.8- Point and Figure Chart
Chapter – 2 : Rationale of Technical Analysis
2.1: Basic Tenets of Technical Analysis
2.1.1 - Market Discount Everything
2.1.2 - Price Moves in Trends
2.1.2.1 - Why Price Moves?
2.1.2.2 - The Trend
2.1.3 - History Repeat itself
2.2: Scrip Selection for Technical Analysis?
2.3: Advantage and Disadvantage
Chapter – 3: Theories of Trend
3.1: Dow Theory
3.1.1 - History
3.1.2 - Six Basic Tenets of Dow Theory.
3.1.3 - Why Close Line Chart?
3.1.4 - Criticism on Dow Theory
3.2. Elliott Wave Theory
3.2.1 – History
3.2.2 – Basic Rules of Elliott Wave Theory
3.2.3 – Rule of alternation
3.2.4 – Rule of Equality
3.2.5 – Rule of Overlap
3.2.6 – Channeling
3.2.7 – Fibonacci Ratio/ Retracement
3.2.8 – Degrees
UNIT-II – ARSENAL OF TECHNICAL ANALYSIS
Chapter – 1: Trend Enhancers
1.1. Forward Support and Resistance
1.2. Reverse Support and Resistance
1.3. Psychology behind Support and Resistance
1.4. Trend Lines
1.5. FAN Principle
1.6. Channel Lines
1.7. Speed Line
1.8. Gann and Fibonacci Lines
Chapter – 2: Conventional Price Patterns
2.1 - Price Patterns
2.2 - Reversal Pattern
2.2.1 – Concept of Reversal Pattern
2.2.2 - Head and Shoulder
2.2.3 - Doubles
2.2.4 - Triples
2.2.5 - Saucers
2.2.6 - Spikes
2.3 - Continuation Patterns
2.3.1 – Concept of Continuation Patterns
2.3.2 – Measured Move
2.3.3 - Triangles
2.3.4 - Flags
2.3.5 - Pennants
2.3.6 - Wedge
2.3.7 - Rectangles
Chapter – 3: Indicators
3.1 – What are Indicators?
3.2 – Technical Indicators
3.2.1 – Trend Following Indicators
3.2.1.1 – Moving Averages (MA)
3.2.1.2 – Moving Averages Convergence Divergence (MACD)
3.2.1.3 – Average Directional Index (ADX)
3.2.1.4 – Super Trends (ST)
3.2.1.5 – Slope Triple Exponential (TRIX)
3.2.1.6 – Parabolic Stop and Reverse (SAR)
3.2.2 – Oscillator (Momentum) Indicators
3.3.2.1 – Momentum Oscillator
3.3.2.2 – Stochastic Oscillator (STS)
3.3.2.3 – Relative Strength Index (RSI)
3.3.2.4 – Larry William %R (%R)
3.3.2.5 – Rate of Change (ROC)
3.3.2.6 – Money Flow Index (MFI)
3.3.2.7 – Commodity Channel Index
3.3.2.8 – Ichimoku Kinko Hyo (IKH)
UNIT-III – ADVANCED TECHNICAL ANALYSIS
Chapter – 1: Time Cycles
1.1 – Introduction
1.2 – Time Cycles
1.2.1 – Basic of Time Cycle
1.2.1.1 – Three Qualities of Time Cycle
1.2.1.1.1 – Amplitude
1.2.1.1.2 – Period
1.2.1.1.3 – Phase
1.2.1.2 – Cyclic Principle
1.2.1.2.1 – Summation
1.2.1.2.2 – Harmonicity
1.2.1.2.3 – Synchronicity
1.2.1.2.4 – Proportionality
1.2.1.3 – Principle of Variation
1.2.1.4 – Principle of Nominality
1.2.2 - Cyclic Concept and Charting
1.3 – Dominant Cycles
1.4 – Cycle Length
1.5 – Importance of Trend
1.6 – Left and Right Translation
1.7 – Isolation of Cycle
1.8 – Seasonal Cycles
1.9 – Stock Market Cycles
1.10 – Presidential cycle
1.11 – Combining Time Cycle with other technical Analysis
Chapter – 2: Advanced Patterns
2.1 – Advanced Channelling Pattern
2.1.1 – Wolfe Wave Pattern
2.1.2 – Gartley Pattern
2.2 – Harmonic Pattern
2.2.1 – Bat Pattern
2.2.2 – Butterfly Pattern
2.2.3 – Crab Pattern
2.2.4 – Shark Pattern
2.2.5 – Cypher Pattern
2.2.6 – ABCD Pattern
2.2.7 – ‘3’ – Drive Pattern
Chapter – 3: Market Profile
3.1 – Introduction
3.2 – Market Profile Graphic
3.3 – Market Structure
3.3.1 – Value Area
3.3.2 – Unfair Area
3.4 – Market Profile Organizing Principle
3.4.1 – Auction Setting
3.4.2 – Continuous Negotiation
3.4.3 – Market Balance and Imbalance
3.4.4 – Time Frame and Trader’s behavior
3.4.5 – Role of Short Term and Long Term Trader
3.4.6 – Price and Value
3.5 – Range Development and Profile Pattern
3.5.1 – Normal Day Range
3.5.2 – Normal Day Range Variation
3.5.3 – Trendy Day Range
3.5.4 – Neutral Day Range
3.6 – Tracking longer Term Activity
3.6.1 – Extremes
3.6.2 – Range Extension
3.6.3 – Value Area
3.6.4 – TPO
3.6.5 – Influence beyond Today
UNIT- IV – DERIVATIVE ANALYSIS
Chapter – 1: Introduction to Derivatives Markets
1.1 – History of Derivative Trading
1.2 – Types of Derivative on Exchange Basis
1.2.1 – OTC (Over the Counter) Derivatives
1.2.2 – Exchange Traded Derivatives
1.3 – Participants
1.3.1 – Hedgers
1.3.2 – Arbitrageurs
1.3.3 – Speculators
1.3.4 – Margin Traders
Chapter – 2: Future Derivative
2.1 – Understanding future Contract and Terminologies
2.2 – Fair Value Calculation
2.3 – Pay-off Diagram of Future
Chapter – 3: Option Derivative
3.1 – General concepts of Options
3.2 – Call Option
3.3 – Put Option
3.4 – Understanding terminologies used for option
3.5 – Option values
3.5.1 – Option Value Calculation
3.5.2 – Time Value
3.6 – Factor Affecting Options Price
3.6.1 – Major Factors
3.6.1.1 – Underlying Price
3.6.1.2 – Underlying Volatility
3.6.1.3 – Strike Price
3.6.1.4 – Expiry Time
3.6.2 – Minor Factors
3.6.2.1 – Risk Free Interest Rate
3.6.2.2 – Dividend Rate
3.6.3 – Volatility
Chapter – 4: Option Analysis
4.1 – Greeks
4.1.1 – Delta
4.1.2 – Gamma
4.1.3 – Vega
4.1.4 – Theta
4.1.5 – Rho
4.2 – Open Interest
4.2.1 – Understanding Open Interest
4.2.2 – Interpretation of Open Interest
4.3 – Option Chain Analysis
4.3.1 - Knowing Market Direction from Option Chain
4.3.2 – Knowing Support and Resistance with Option Chain
4.3.3 – Calculation of Upper Range and Lower range with Option Chain
4.3.4 – Knowing Market Breadth with Option Chain
4.3.4.1 – Put Call Ratio of OI
4.3.4.2 – Put Call Ratio of Volume
4.3.4.3 – Put Call Ratio Interpretation
4.3.4.3.1 – During Dips in Up Trend
4.3.4.3.2 – During Resistance Level in Up Trend
4.3.4.3.3 – During Corrective Rally in Down Trend
4.3.4.3.4 – During Support Level in Down Trend
Chapter – 5: Future Contract Trading
5.1 – Hedging with Future contract
5.1.1 – Long Position Hedging
5.1.2 – Short Position Hedging
5.1.3 – Portfolio Hedging
5.2 – Arbitraging
5.3 – Speculation
Chapter – 6: Option Contract Trading
6.1 – Option Trading Rules
6.2 – Option Trading Strategies General Concept
6.2.1 - Plan Vanilla Option trading
6.2.1.1 – Call Holding and writing
6.2.1.2 – Put Holding and Writing
6.2.1.3 – Rolling the Options
6.2.2 - Using Spread in Option trading
6.2.2.1 – Vertical Spread
6.2.2.1.1 – Debit Spread
6.2.2.1.1.1 – Bull Call Debit Spread
6.2.2.1.1.2 – Bear Put Debit Spread
6.2.2.1.2 – Credit Spread
6.2.2.1.2.1 – Bear Call Credit Spread
6.2.2.1.2.2 – Bull Put Credit Spread
6.2.2.1.3 – Neutral (Combination) Spread
6.2.2.1.3.1 – Straddle Spread
6.2.2.1.3.2 – Strangle Spread
6.2.2.1.3.3 – Ratio Spread
6.2.2.1.3.4 – Butterfly Spread
6.2.2.1.3.5 – Iron Condor
6.2.2.1.3.6 – Risk Reversal
6.2.2.1.3.7 - Box Spread
6.2.2.2 – Calendar (Horizontal) Spread
6.2.2.3 – Diagonal Spread
6.2.2.4 – Cash and Option Spread
6.2.2.4.1 – Covered Call writing
6.2.2.4.2 – Protective Put
6.2.2.4.3 – Fence
UNIT-V – DPB – THE CONTRARY TRADING
Chapter – 1: What is DPB?
1.1 - An Introduction with DPB
Chapter – 2: Essential of DPB
2.1 – Biased Bar
2.2 – Biased Bar Line
2.3 – Biased Count
2.4 – Role of Moving average
Chapter – 3: Conditional of DPB
3.1 – DPB Forming with Out Bar
3.2 – DPB Forming with In Bar
Chapter – 4: Limitations of DPB
4.1 – Effect of Larger Trend on DPB
Chapter – 5: Targets, Support and Resistance of DPB
Chapter – 6: How to club DPB with Technical Analysis?
UNIT- VI – RISK (MONEY) MANAGEMENT
Chapter – 1: Three Elements of Trading
Chapter – 2: Money Management
Chapter – 3: Risk Control
Chapter – 4: Trading Tactics
Chapter – 5: Clubbing Money Management with T. A.
Chapter – 6: Intra – Day Trading