100% found this document useful (1 vote)
2K views35 pages

Technical Analysis Simplified

Uploaded by

bommaliayush
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
100% found this document useful (1 vote)
2K views35 pages

Technical Analysis Simplified

Uploaded by

bommaliayush
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

TECHNICAL

ANALYSIS
SIMPLIFIED
A Guide for Investors

ruchir gupta
PREFACE
Welcome to "Mastering Technical Analysis: A Comprehensive
Guide." Whether you're just starting or have been trading in the
markets for years, this book is designed to shed light on the art
and science of technical analysis.

In the ever-evolving landscape of financial markets, understanding


technical analysis can be beneficial. This guide is crafted to provide
you with a clear, practical, and thorough exploration of technical
analysis. We'll walk through the essentials—from the foundational
concepts and chart patterns to the intricacies of technical
indicators and risk management strategies.

Our goal is to make this complex subject approachable and


actionable. You’ll learn not just how to read charts and interpret
signals, but also how to apply these insights effectively to your
trading decisions. We’ll also cover the limitations of technical
analysis, ensuring you have a balanced view of its strengths and
weaknesses.

As markets shift and technology transforms trading practices, a


clear understanding of technical analysis will empower you to
make more informed and strategic decisions. So, let's begin this
journey together and uncover the tools and techniques that can
enhance your trading strategy and overall market approach.

1
RUCHIR GUPTA
Stock Market Expert

About the Author

Ruchir Gupta is the Founder and CEO of Ruchir Gupta Training


Academy, a leading institution in stock market education. With over 17
years of experience in the stock market, Ruchir is a renowned stock
market coach and financial educator, known for his extensive knowledge
and impactful teaching methods. He has trained over 2 lakh+ individuals
globally, including in the US, Europe, Australia, and Canada, helping both
individuals and businesses achieve stock market success.

An MBA in Finance and a former research analyst with multinational


corporations in Delhi NCR, Ruchir combines deep industry insights with a
passion for teaching. His YouTube channel, which boasts over 195K
subscribers, is a testament to his dedication to spreading financial
knowledge.

Ruchir's innovative approach, particularly his application of the GCD


method, has set him apart as a pioneer in stock market coaching. His work
has earned him prestigious awards and recognition, including the “ET
Leadership Excellence Award” and titles such as “Most Innovative Stock
Market Trainer.” His journey is a powerful example of how expertise and
commitment can drive substantial success and inspire countless others in
the financial world.
TABLE OF CONTENTS
Chapter : 1 Introduction to Technical Analysis 03

Chapter : 2 Chart Types and Patterns 04

Chapter : 3 Risk Management and Trading Strategies 06

Chapter : 4 Integrating Technical Analysis with Other 07


Tools
Chapter : 5 Conclusion 08

Chapter : 6 Student’s Feedback 09

Chapter : 7 Further Reading and Resources 11

3
04
CHAPTER 1
INTRODUCTION
TO TECHNICAL
ANALYSIS
Welcome to the first chapter of our journey into
technical analysis. Here, we’ll break down what
technical analysis is, how it has evolved over time,
and the core concepts you’ll need to know to get
started. We’ll also look at the benefits and
limitations of this method, using examples and
case studies from the Indian stock market to
illustrate these points.

WHAT IS TECHNICAL ANALYSIS?

At its core, technical analysis is a way to forecast


future price movements by examining historical
price data and trading volumes. Think of it as a
tool that helps you make educated guesses about
where a stock’s price might go next based on past
trends and patterns.

Imagine you're interested in a popular Indian


stock like Reliance Industries. By looking at past
price charts, you can identify patterns and trends
that might suggest whether the price is likely to
go up or down.
For instance, if Reliance's stock price has been steadily increasing over
the past few months, a technical analyst might predict that this
uptrend could continue, assuming no major changes in market
conditions.

Example:
Suppose Reliance Industries' stock price has shown a consistent
upward trend with occasional dips. By analyzing this pattern, a
technical analyst might notice a recurring pattern where the stock
price tends to bounce back after reaching a certain low point. This
pattern, known as a “support level,” can be crucial for making
informed trading decisions.

THE EVOLUTION OF TECHNICAL ANALYSIS

Technical analysis has come a long way from its early days. It began
with basic charting methods, where traders used simple line charts to
track price movements. Over time, this evolved into more complex
techniques with the introduction of bar charts, candlestick charts, and
various technical indicators.

HISTORICAL MILESTONES:

1. Chart Patterns: In the early 20th century, traders started


identifying recurring patterns like head and shoulders, flags, and
triangles. These patterns helped traders predict price movements
based on historical trends.

2. Indicators: As technology advanced, so did the tools available to


traders. Indicators like Moving Averages (MA) and Relative Strength
Index (RSI) were developed to provide more detailed insights into
market trends.

5
3. Computer Technology: The rise of computers and trading
software revolutionized technical analysis. Today, traders use
sophisticated algorithms and software to analyze vast amounts of
data quickly and accurately.

Case Study:
In the Indian stock market, the introduction of automated trading
systems in the 2000s allowed traders to analyze complex patterns
and execute trades faster. For example, the use of moving averages in
conjunction with candlestick patterns has become a common practice
among Indian traders to identify potential buying or selling
opportunities.

To effectively use technical analysis, you need to understand some


basic concepts and terminology:

1. Trendlines: These are lines drawn on a chart to indicate the


direction of a stock’s price movement. For example, if you draw a line
connecting the lows of a stock's price over time, you create a
trendline that can help you understand whether the stock is generally
moving up or down.

2. Support and Resistance: Support is a price level where a stock


tends to stop falling and may even start rising again. Resistance is
where a stock’s price tends to stop rising and may start to fall. For
instance, if Tata Consultancy Services (TCS) stock often bounces back
after hitting ₹3,000, that level can be considered a support level.

3. Volume: This refers to the number of shares traded during a


particular period. Higher volume often indicates stronger interest and
can confirm the strength of a price move. If the volume increases as a
stock price rises, it may suggest that the upward trend is strong.

6
Example:

Imagine you’re tracking the stock of HDFC Bank. You notice that
whenever the price approaches ₹1,600, it tends to bounce back up,
suggesting ₹1,600 is a support level. Conversely, if the price
consistently struggles to rise above ₹1,800, this might be a resistance
level.

4. Trend Strength, Momentum, and Volatility:

Trend Strength: This measures how strong a trend is, often


determined by indicators like Moving Average Convergence
Divergence (MACD).

Momentum: Momentum indicators, like the Relative Strength Index


(RSI), help you gauge the speed of price movements.

Volatility: Volatility measures how much a stock’s price fluctuates.


Bollinger Bands, for instance, help traders understand price volatility
by showing how prices deviate from a moving average.

In 2020, during the COVID-19 market crash, stocks like Infosys


showed high volatility. Technical analysts used indicators like
Bollinger Bands to assess the increased price fluctuations and identify
potential trading opportunities.

Technical analysis is a powerful tool for predicting price movements


based on historical data and trends. While it offers valuable insights
and can significantly enhance trading strategies, it’s important to
recognize its limitations and use it in conjunction with other methods
for a well-rounded approach. In the following chapters, we’ll delve
deeper into the tools and techniques that make technical analysis an
essential part of any trader’s toolkit.

7
CLICK HERE
08
CHAPTER 2
CHART TYPES AND
PATTERNS
In this chapter, we’ll explore the different types of
charts you’ll encounter in technical analysis and
the patterns that can help guide your trading
decisions. We’ll break down how these charts
work, discuss common chart patterns, and
provide examples from the Indian stock market to
illustrate their practical use.

LINE CHARTS, BAR CHARTS, AND CANDLESTICK


CHARTS

LINE CHARTS

Line charts are the simplest type of chart used in


technical analysis. They display a stock's closing
prices over a specific period, connecting these
points with a continuous line. This type of chart is
excellent for identifying overall trends.

Example
Imagine you’re tracking the stock of Infosys. A
line chart will show you the closing prices of
Infosys over the past six months. If the line is
moving upwards, it indicates that the stock's
closing price has generally increased over that
period.
BAR CHARTS

Bar charts provide more detail than line charts. Each bar represents the
price action for a specific period (e.g., one day). A single bar displays
four key prices: the opening price, the highest price, the lowest price,
and the closing price.

Example:
Consider the stock of Tata Motors. Each bar on the chart will show you
the open, high, low, and close prices for Tata Motors each day. This
detailed view helps you understand how the stock is traded throughout
the day.

CANDLESTICK CHARTS

Candlestick charts offer a more detailed view of price action compared


to line and bar charts. Each “candlestick” shows the open, high, low, and
close prices for a specific period. The body of the candlestick (the thick
part) shows the open and closed prices, while the wicks (the thin lines)
show the high and low prices.

Example:
Let’s look at HDFC Bank's stock. If the candlestick body is filled
(typically red or black), it means the closing price was lower than the
opening price, indicating a bearish period. If the body is hollow (often
green or white), it means the closing price was higher than the
opening price, indicating a bullish period.

COMMON CHART PATTERNS: HEAD AND SHOULDERS, FLAGS,


AND TRIANGLES

Head and Shoulders

The Head and Shoulders pattern is one of the most well-known

9
reversal patterns. It consists of three peaks: a higher peak (head)
between two lower peaks (shoulders).

Head and Shoulders Top: Indicates a potential reversal from an


uptrend to a downtrend. Look for it at the end of an uptrend.

Head and Shoulders Bottom (Inverse): Suggests a potential reversal


from a downtrend to an uptrend. Look for it at the end of a downtrend.

Example:
Imagine you’re analyzing the stock of Reliance Industries and see a Head
and Shoulders Top pattern forming. This pattern could suggest that the
stock is about to change direction from an upward trend to a
downward trend.

FLAGS

Flags are continuation patterns that form after a strong price


movement. They look like small rectangles or parallelograms that
slope against the prevailing trend.

Bullish Flag: This appears after a strong upward movement and


indicates that the price is likely to continue rising.

Bearish Flag: This appears after a strong downward movement and


indicates that the price is likely to continue falling.

Example:

If the stock of Larsen & Toubro has had a significant upward move
followed by a brief consolidation period forming a flag pattern, it
could signal that the stock is likely to continue its upward trend.

10
TRIANGLES

Triangles are consolidation patterns that can signal either continuation


or reversal. They form when the price moves between converging
trendlines.

Ascending Triangle: A bullish pattern that forms when the price makes
higher lows while encountering resistance at a horizontal level.

Descending Triangle: A bearish pattern that forms when the price


makes lower highs while finding support at a horizontal level.

Symmetrical Triangle: A neutral pattern that forms when the price


converges between a downward-sloping resistance and an upward-
sloping support.

Example:

If you see an Ascending Triangle pattern forming on the stock chart of


ICICI Bank, it may suggest that the stock is likely to break out upwards
once the price surpasses the resistance level.

IDENTIFYING AND INTERPRETING PATTERNS

Identifying chart patterns involves looking for specific formations on


price charts. For instance, to spot a Head and Shoulders pattern, you’ll
need to look for three peaks with the middle peak being the highest.
For Flags, you’ll look for a sharp price movement followed by a
rectangular consolidation pattern.

Practical Tips:

1. Look for Confirmation: Patterns are more reliable when confirmed by


other indicators or increased trading volume.

11
2. Be Aware of Context: A pattern’s significance can change based on
the overall market trend and other technical factors.

3. Practice: Use historical charts to practice identifying patterns and see


how they performed in the past.

BENEFITS:

Clear Signals: Chart patterns can provide clear indications of potential


market reversals or continuations. For example, spotting a Head and
Shoulders pattern can signal a change in trend direction.

Visual Appeal: Patterns are visually intuitive, making them easier to


understand and apply. For instance, recognizing a Bullish Flag can help
traders anticipate further price movements.

Limitations:

Subjectivity: Pattern recognition can be somewhat subjective, as


different traders might interpret the same pattern differently.

False Signals: Patterns can sometimes produce false signals, especially


in volatile or sideways markets. For instance, a pattern that looks like a
Head and Shoulders might not always lead to a reversal if market
conditions change abruptly.

In summary, understanding different chart types and patterns is crucial


for making informed trading decisions. Line charts, bar charts, and
candlestick charts each offer unique insights into price movements
while recognizing common patterns like Head and Shoulders, Flags, and
Triangles can help predict future market behavior. Keep in mind the
benefits and limitations of these patterns as you refine your technical
analysis skills. In the next chapter, we’ll delve into technical indicators
and oscillators, adding more tools to your analytical toolkit.

12
CLICK HERE
13
CHAPTER 3
RISK MANAGEMENT
AND TRADING
STRATEGIES
Welcome to Chapter 4, where we’ll explore how
to safeguard your investments and make strategic
decisions in the market. Risk management and
trading strategies are crucial for ensuring that you
not only protect your capital but also maximize
your potential gains. We'll break down key
concepts such as setting stop losses, taking
profits, position sizing, and developing a trading
plan, with practical examples from the Indian
stock market to guide you.

Setting Stop Losses and Take Profits

Stop Losses

A stop loss is an order you place to sell a stock


when it reaches a certain price, limiting your
potential losses. It’s like setting a safety net to
prevent your losses from growing too large.

Example:

Imagine you bought shares of HDFC Bank at


₹1,500 each. To manage your risk, you might
set a stop loss at ₹1,450. If the stock price drops to ₹1,450, your stop
loss order triggers and sells your shares, preventing further losses if
the price continues to decline.

TAKE PROFITS

Take-profit orders are used to lock in gains when a stock price


reaches a certain level. By setting a take-profit order, you ensure that
you realize your profits before the market can reverse and reduce
your gains.

Example:

Suppose you bought shares of Infosys at ₹1,200 and set a take profit
level at ₹1,300. If the stock price rises to ₹1,300, your shares will be
sold automatically, securing your profit. This strategy helps you
capture gains without having to monitor the stock constantly.

POSITION SIZING

Position sizing refers to determining the amount of capital to allocate


to a particular trade. It’s about finding a balance between potential
rewards and the amount of risk you’re willing to take.

Example:
Let’s say you have a total trading capital of ₹1,00,000 and decide to
invest in Tata Motors. If you set a maximum risk of 2% per trade, you
would be willing to risk ₹2,000 on this trade. If you decide to buy Tata
Motors shares at ₹500 each, your position size should reflect this risk
tolerance.

RISK-TO-REWARD RATIO
The risk-to-reward ratio helps you evaluate the potential return of a

14
a trade relative to the risk involved. For example, if you risk ₹10 per
share to potentially gain ₹30 per share, your risk-to-reward ratio is
1:3.

Example:
If you set a stop loss for Reliance Industries at ₹2,400 and a take
profit level at ₹2,600, the potential risk per share is ₹100 (₹2,500 -
₹2,400), while the potential reward is ₹200 (₹2,600 - ₹2,400). This
gives you a risk-to-reward ratio of 1:2, which means for every ₹1
risked, you aim to make ₹2.

DEVELOPING A TRADING PLAN

Creating a Comprehensive Trading Plan

A well-structured trading plan is essential for maintaining discipline


and consistency in trading. Your trading plan should include:

Entry and Exit Strategies: Define clear criteria for entering and
exiting trades. For instance, you might decide to enter a trade when a
stock breaks above a key resistance level and exit when it forms a
reversal pattern.

Risk Management Rules: Outline your approach to managing risk,


such as setting stop losses and determining position sizes. Specify the
percentage of your capital you’re willing to risk on each trade.

Performance Evaluation: Regularly review your trades to evaluate


performance. This helps you understand what strategies are working
and where improvements are needed.

Example:
Suppose you create a trading plan for stocks in the Indian market. You

15
decide to buy stocks when they form a Bullish Flag pattern and sell
when they reach a resistance level. You also set a stop loss at 3%
below your entry price and a take profit level at 6% above. Regularly
reviewing your trades and adjusting your plan based on performance
ensures you stay on track and adapt to changing market conditions.

BENEFITS AND LIMITATIONS OF VARIOUS STRATEGIES

Benefits:

Structured Approach: A structured approach helps you manage


trades and risks systematically. For example, setting stop losses and
take profits ensures that you don’t let emotions dictate your trading
decisions.

Informed Decisions: Having a clear trading plan allows you to make


informed decisions based on predefined criteria rather than reacting
impulsively to market movements.

Limitations:

Market Conditions: Strategies may need adjustments based on


changing market conditions. For instance, a stop loss set too close to
the entry price might trigger too frequently in volatile markets.

Flexibility: Rigid trading plans can limit flexibility. While a well-


defined plan is essential, it’s also important to remain adaptable and
adjust your strategies based on new information or shifts in market
dynamics.

In summary, effective risk management and trading strategies are


crucial for long-term success in the markets. Setting stop losses and
take profit levels helps protect your capital and secure gains. Position

16
sizing and risk-to-reward ratios ensure that you manage risk
effectively while aiming for reasonable returns. Developing a
comprehensive trading plan helps maintain discipline and consistency.
However, remember that flexibility and adaptation are key to
navigating the ever-changing market landscape. In the next chapter,
we’ll explore technical indicators and oscillators, adding another layer
of analysis to enhance your trading strategy.

CLICK HERE

18
18
CHAPTER 4
INTEGRATING
TECHNICAL
ANALYSIS WITH
OTHER TOOLS
COMBINING TECHNICAL AND FUNDAMENTAL
ANALYSIS

To get a fuller picture of a stock's potential,


combining technical and fundamental analysis can
be highly effective. While technical analysis
focuses on price movements and trading volume,
fundamental analysis digs into a company’s
financial health and economic factors. Let’s break
down how these two approaches work together.

Technical Analysis: examines charts and patterns


to predict future price movements. For instance, if
you’re looking at the stock of Reliance Industries
Limited (RIL), technical analysis might reveal a
pattern suggesting that the stock is on an upward
trend.

Fundamental Analysis, on the other hand, looks


at the company’s financial statements,
management quality, industry position, and
broader economic
and earnings growth, driven by its diverse business interests
spanning petrochemicals, retail, and telecommunications.

conditions. For Reliance Industries, you would review its


quarterly earnings reports, revenue growth, debt levels, and
market share.

Combining these analyses can give you a more comprehensive


view. For example, if technical analysis shows that RIL is in an
upward trend but fundamental analysis indicates that the
company's earnings have declined, this could signal a potential
risk. Conversely, strong fundamentals combined with a positive
technical trend might suggest a promising investment
opportunity.
COMBINING TECHNICAL AND FUNDAMENTAL ANALYSIS

To get a fuller picture of a stock's potential, combining technical


and fundamental analysis can be highly effective. While
technical analysis focuses on price movements and trading
volume, fundamental analysis digs into a company’s financial
health and economic factors. Let’s break down how these two
approaches work together.

Technical Analysis: examines charts and patterns to predict


future price movements. For instance, if you’re looking at the
stock of Reliance Industries Limited (RIL), technical analysis
might reveal a pattern suggesting that the stock is on an
upward trend.

Fundamental Analysis, on the other hand, looks at the

19
THE ROLE OF SENTIMENT ANALYSIS

Sentiment analysis offers insights into the market’s mood,


which can complement both technical and fundamental
analysis. This approach involves evaluating the mood and
opinions of investors and market participants, often through
news, social media, or other public sentiment sources.

For instance, if there is a lot of positive news about the Indian


government’s new economic policies and how they might
benefit companies like Tata Consultancy Services (TCS),
sentiment analysis could highlight this optimism. This sentiment
can often drive short-term price movements, even if the
fundamental outlook remains unchanged.

Let’s explore how sentiment analysis can be applied in real-


life scenarios using examples from the Indian stock market.

1. RELIANCE INDUSTRIES LIMITED (RIL) AND JIO LAUNCH

In 2016, Reliance Industries Limited (RIL) made headlines with


the launch of its telecommunications venture, Jio. The
sentiment around Jio's launch was overwhelmingly positive, as
it promised to disrupt the telecom industry with its competitive
pricing and extensive data coverage.

SENTIMENT ANALYSIS IMPACT:

Positive Sentiment: The news of Jio’s launch created a buzz on

20
social media and news platforms, reflecting a highly positive
sentiment towards RIL. Analysts and traders noticed this surge
in positive sentiment, which often translates to rising stock
prices.

Market Reaction: Investors who used sentiment analysis to


gauge the market’s excitement about Jio might have decided to
buy RIL shares anticipating a rise in stock prices. This
anticipation proved correct as RIL's stock price saw significant
gains in the months following the Jio launch.

2. MARUTI SUZUKI’S (MSIL) SALES PERFORMANCE

In 2020, Maruti Suzuki (MSIL) experienced a decline in sales


due to the COVID-19 pandemic. During this period, sentiment
analysis of news articles, social media, and automotive industry
reports reflected concerns about the company’s short-term
performance.

SENTIMENT ANALYSIS IMPACT:

Negative Sentiment: The negative sentiment around MSIL’s


decreased sales and the overall automotive sector slowdown
led many investors to worry about the company’s future
prospects.

Strategic Decisions: Traders who were attentive to these


sentiment signals might have decided to sell MSIL shares or
avoid buying until there were signs of recovery. Later, as the
sentiment improved with recovery signs in the automotive
sector and better sales performance, MSIL’s stock price

21
rebounded, providing buying opportunities for those who
acted on positive sentiment shifts.

3. HDFC Bank (HDFCBANK) and Regulatory News

In 2021, HDFC Bank faced regulatory scrutiny due to issues


related to its IT infrastructure. News of regulatory actions and
potential penalties created a negative sentiment around the
bank’s stock.

SENTIMENT ANALYSIS IMPACT:

Negative Sentiment: Sentiment analysis during this period


would have revealed heightened negativity and concerns
among investors and media about HDFC Bank’s regulatory
troubles.

Market Strategy: Investors who closely followed these


sentiment trends might have opted to hold off on new
investments in HDFC Bank or re-evaluate their positions.
Conversely, those who anticipated a resolution to the
regulatory issues and a rebound in sentiment might have
viewed this as a buying opportunity once positive news
emerged.

4. BHARTI AIRTEL (BHARTIARTL) AND 5G DEVELOPMENTS

In early 2022, Bharti Airtel announced significant investments


in 5G technology. The announcement was well-received, with
strong positive sentiment reflected in news reports and
investor reactions.

22
Sentiment Analysis Impact:

Positive Sentiment: Sentiment analysis indicated growing


optimism about Bharti Airtel’s future growth potential due to
its 5G investments. Positive news coverage and social media
discussions highlighted the company’s forward-looking
strategy.

Trading Advantage: Investors who used sentiment analysis to


gauge the market’s excitement about Bharti Airtel’s 5G
strategy might have chosen to invest in the stock, anticipating
price appreciation. This strategy could have resulted in gains as
the stock price rose in response to the positive sentiment.

These examples illustrate how sentiment analysis can be a


valuable tool in understanding market reactions and making
informed trading decisions. By staying attuned to market
sentiment, investors can better position themselves to take
advantage of emerging opportunities and mitigate potential
risks.

CLICK HERE
23
24
CHAPTER 7
CONCLUSION
Technical analysis is a powerful tool for traders
and investors aiming to make informed decisions
based on past price movements. By studying
chart patterns, using technical indicators, and
applying solid risk management strategies, you
can significantly improve your trading
performance.

For example, in the Indian stock market, using


technical indicators like the Relative Strength
Index (RSI) or moving averages can help you
identify trends and potential entry and exit points.

If you see that a stock like Infosys Ltd (INFY) has


been consistently above its 50-day moving
average and the RSI is in an overbought zone, it
might signal a potential selling point.

Conversely, a stock like HDFC Bank Ltd


(HDFCBANK) showing a bullish flag pattern could
indicate a good buying opportunity.

However, it's important to remember that


technical analysis has its limits. While it helps
analyze historical price data and market trends, it
doesn’t account for sudden market changes or
broader economic factors. For a more complete
view, consider combining technical analysis with
fundamental analysis, which looks at a company's financial
health and market conditions. Additionally, incorporating
sentiment analysis can offer insights into market psychology
and help you better understand the forces driving price
movements.

As you continue to use technical analysis, keep in mind that


markets evolve and new trends emerge. By staying flexible,
updating your strategies, and integrating various analytical
methods, you can use technical analysis effectively to achieve
your trading goals. Whether you're trading stocks like Reliance
Industries or investing in sectors like pharmaceuticals,
understanding and adapting to both technical and non-
technical factors will help you make more informed and
successful trading decisions.

As you continue your journey in stock market investing,


remember that thorough analysis and informed decision-
making are key to building and sustaining wealth. By applying
the principles discussed here, you can deal with the volatility of
the stock market with confidence. But make sure you are
always sure about the exact date direction and target before
making a trade. Only rely on the method that tells you the date,
direction and target in advance. Always make investment
choices that align with your financial goals.Our method will help
you find the exact date, direction and target in advance which
is not possible with technical analysis.

25
26
FEEDBACK
FROM SUCCESSFUL STUDENT-
HARSHAL PANDYA
Harshal Pandya has reported life-changing experiences after adopting
the systematic approach outlined in this book. Their feedback
underscores the importance of discipline, patience, and continuous
learning in achieving success in equity trading. In his words,

Harshal Pandya
GCD Student

“This system has completely changed my life. I


have been working in the market for the last four
to five years and have taken many courses, but
none were successful. They lacked clear targets.
However, this system gave me the confidence to
achieve set targets. Whatever stocks I have found,
each has provided a good return.”
Bhavesh
-From Student to Stock Market Pro Tradeh
GCD Student

Bhavesh, A 16-year-old from Dhule, Maharashtra, embraced the GCD method


with exceptional results. Joining our course in March 2023, he quickly applied
the GCD strategies and saw his investments grow significantly, making lakhs in
just one year. Bhavesh credits his success to the practical application of the 2.5x
return strategy and his belief in the GCD methodology. He says, “The GCD
course transformed my trading approach. The focus on consistent profit
booking and learning from failures has been key to my success. Patience and a
disciplined strategy have allowed me to achieve remarkable returns.”

Shwetang Shah
A Journey from Equity to Options Trading
GCD Student

Mumbai-based Shwetang Shah, who began trading in 1995, revitalized his career
by joining the GCD course in January 2023. Despite his experience, Shwetang’s
methodical approach to learning options trading through the course proved
transformative. He admits, “The GCD course gave me a clear understanding of
options trading, which boosted my confidence. Learning to manage
overconfidence and risks has been crucial. The support system was invaluable in
refining my strategy.”

Panjit
From Losses to Consistent Gains
GCD Student

Panjit entered the stock market in 2020 but faced significant losses due to a lack
of proper guidance. His fortunes changed when he discovered the GCD course.
He now confidently asserts, “The GCD course has been a game-changer. With
the right guidance, I’ve been able to turn my losses into consistent gains. I firmly
believe that anyone who follows the GCD methods can achieve 10-30% returns
in the stock market.”
Hirendra
Embracing Options Trading and Profits
GCD Student

Hirendra, from Rajkot, Gujarat, took a bold step by starting with options trading
after completing the GCD course. His unique approach and persistence paid off,
leading to consistent profits. He shares, “The GCD course was essential in my
trading journey. Booking profits during an uptrend has been crucial for my
mental peace. The support team’s guidance has been invaluable in my learning
process.”

Sandeep Gupta
Success Amidst a Busy Career
GCD Student

Civil engineer Sandeep Gupta from Ghaziabad started the GCD course to earn
extra income alongside his full-time job. His dedication paid off quickly, with a
profit of ₹50,000 in his first month. He recommends, “For anyone struggling to
find success in the stock market, Ruchir Sir’s guidance is all you need. Following
the course and managing emotions are key to achieving success, especially for
those with busy schedules.”

Madanlal
Mastery Through GCD
GCD Student

Madanlal, an expert in Price Action trading, discovered the superior benefits of


the GCD method. He acknowledges, “Although I was experienced with the
Elliott wave strategy, GCD offered a clearer target with 80% accuracy. It has
made trading less stressful and more profitable. The support from the Ruchir
Gupta Training Academy has been exceptional.”
Venkatesh Madhuri
Precision in Trading
GCD Student

After struggling with accurate trading strategies, Venkatesh Madhuri found the
GCD course to be the solution. She says, “The GCD scanner made it easy to
pinpoint exact entry and exit points. It’s been worth every penny, and I now
confidently recommend it over other courses.”

Vineet
Turning Losses into Profits
GCD Student

Vineet from Banaras overcame initial losses and achieved significant profits
using the GCD method. He finds the course both effective and easy to grasp,
stating, “The GCD method is straightforward and effective. With great support
and an easy-to-learn approach, it has been inspiring for me and other
beginners.”

These success stories reflect the powerful impact of the GCD course on our
students' trading careers. Their achievements highlight the power of dedication,
the right guidance, and continuous learning. We hope these stories inspire and
motivate future students to embark on their own journeys toward financial
success.

29
FOR FURTHER READING AND RESOURCES,
FOLLOW US ON THE SOCIAL MEDIA PLATFORMS

JOIN OUR WEEKLY WEBINAR AND ENHANCE


YOUR KNOWLEDGE AND SKILLS.

CLICK HERE

TO BECOME A STUDENT OF RUCHIR GUPTA


TRAINING ACADEMY
CONTACT OUR TEAM

+91 92364 76181


support@ruchirgupta.co.in
THANKYOU!

You might also like