Prepared by Palani Selvam T.

Contents
1 Trade Achiever Training class.......................................................................................................... 2
2 Identify the Trend ........................................................................................................................... 2
3 Support & Resistance ...................................................................................................................... 4
4 Trade Support & Resistance............................................................................................................ 4
5 Tend Reversal .................................................................................................................................. 4
6 Supply & Demand Zones ................................................................................................................. 5
7 Double-Top & Double-Bottom ........................................................................................................ 7
8 Box Breakout ................................................................................................................................... 9
9 TrendLine ...................................................................................................................................... 10
10 Channel ..................................................................................................................................... 12
11 Fibonacci Retracement ............................................................................................................. 13
12 Fibonacci Character Analysis..................................................................................................... 14
13 Identify Targets (exit) – Fibonacci Extension ............................................................................ 14
14 References ................................................................................................................................ 16
14.1 How To Use Investing.com For Technical Chart Analysis ..................................................... 16
14.2 What Is Technical Analysis? .................................................................................................. 16
14.3 Introduction To Candle Stick pattern .................................................................................... 16
14.4 Stop-Loss Hunting Explained................................................................................................. 16
14.5 What Price Action Trading Actually Means .......................................................................... 16
14.6 What is Fibonacci Character Analysis ................................................................................... 16
14.7 Introduction to Option Trading - Part 1 ................................................................................ 16
14.8 Introduction to Option Writing - Part 2 ................................................................................ 17
14.9 What Is Risk Management .................................................................................................... 17
14.10 Does Technical Analysis Work........................................................................................... 17

By Palani Selvam T.
 Prepared by Palani Selvam T.

1 Trade Achiever Training class

Date: 15-06-2019
Trainer: Mr. Kishore Kumar
Trade Achievers Bangalore address: No. 1164, 1st Floor, HSR Layout, 2nd Sector,Bangalore,
Karnataka 560102

2 Identify the Trend

Trend Analysis
 Up Trend - -> Higher-Low, Higher-High
 Down Trend  Lower-low, Lower-High
 Side ways

Rule 1: When Market forms Higher-low, Higher-High. It is called ‘SWING’ in the market
Rule 2: Once the Swing is formed previous-Low & Previous-High are invalid.
Rule 3: Never Buy/Sell in correction

Market is repetition of structures.

By Palani Selvam T.
 Prepared by Palani Selvam T.

 Should not see percentage, Point, candle for trend

 To Identify the trend, better use monthly time frame
 Market Phases – Accumulation, Advanced, Distribution, Decline

By Palani Selvam T.
 Prepared by Palani Selvam T.

3 Support & Resistance

Famous Quote: History repeats itself. Time changes and people never changes.
 First use “Monthly” time frame
 Use the line chart
 Support & Resistance  Not a line. Made by traders and Emotions. Indent to buy/sell

4 Trade Support & Resistance

Two ways
 Bounce back Trading
o Buy only at First time HH(Higher-High) OR LL (Lower-Low)
 Break out Trading
o Conservative Trading
o Aggressive Trading  during economical events and result timings
 Bank Manipulation Method – Do average in profit only
Note: Market = Fear (loss) + Confidence (profit)

System 1: Trading with Assumptions / Logic. People try to connect with emotions/stories and then
build logic
System 2: Trading with facts. Volume can be manipulated and charts never tell lie. SO trade only
with facts.

5 Tend Reversal
Rule 1: Higher timeframe trend reversal, can be identified in lower timeframe.

Manual Technical Analysis  Market moves by numbers & numbers create structures

Rule2:

By Palani Selvam T.
 Prepared by Palani Selvam T.

6 Supply & Demand Zones

 Market driven by 3 factors, such as: Time, Price & Volume
 Stop Loss  to wick (candlestick term) OR % of data from close – whichever is higher.
 Always necessary to have stop-loss to protect your capital.

By Palani Selvam T.
 Prepared by Palani Selvam T.

Stop loss by percentage for various timeframe:

By Palani Selvam T.
 Prepared by Palani Selvam T.

7 Double-Top & Double-Bottom

Two types
1. Traditional  Less than 9 months. Timeframe – Daily , hourly, weekly
2. Cyclic  More or equal to 9 months. Timeframe – Weekly, Monthly

By Palani Selvam T.
 Prepared by Palani Selvam T.

By Palani Selvam T.
 Prepared by Palani Selvam T.

Slippage (for identifying double top/bottom) – 0.25% to 0.32%

Cyclic level Double Top Target Double Bottom Target

1 20% 20%
2 40% 30%
3 60% 60%
4 80% to 100%

To reach first target, market will take 2-3 months. Second target with additional 2-3 months

8 Box Breakout
 Trent Analysis
 Inverse method

It is for sideways market. Top  sell, Bottom  Buy

Inversing  15 min->1 hour -> 1 day -> 1 month

5 min -> 30 min -> 4 hours -> week

HH (Higher-High)  Down side breakout

HL & LL  Upside Breadkout

By Palani Selvam T.
 Prepared by Palani Selvam T.

9 TrendLine

Rules of Trendline: (Majority trendline follows below structure)

1 & 2  Formation of trend
3 & 4  Entry
5  exit

Check the video  Violation of Support & Resistance

By Palani Selvam T.
 Prepared by Palani Selvam T.

By Palani Selvam T.
 Prepared by Palani Selvam T.

10 Channel
Two diagonal trend – Parallel to each other

By Palani Selvam T.
 Prepared by Palani Selvam T.

11 Fibonacci Retracement
Use recent high and low to plot for Fibonacci Retracement.

For Up trend  Plot from low to high

For Down trend  plot from high to low

First level  38.2 %

Second level  50%
Third level – 61.8%

By Palani Selvam T.
 Prepared by Palani Selvam T.

12 Fibonacci Character Analysis

What is this  https://www.youtube.com/watch?v=21jtGdbXBow
Analyse and see majority of the retracement.
For example, 61.8% is for crude oil

Fibonacci Retracement is used to find correction entry for trend reversal.

13 Identify Targets (exit) – Fibonacci Extension

First Target  61.8%
Second Target  100%
Third Target  161.8%

After completion of this, correction will be triggered.

By Palani Selvam T.
 Prepared by Palani Selvam T.

By Palani Selvam T.
 Prepared by Palani Selvam T.

14 References
Take BankNifty only for 20-30 rupees on expiry day
From 12.30 pm to 1.30 pm
15 mins timeframe

14.1 How To Use Investing.com For Technical Chart Analysis

https://www.youtube.com/watch?v=TqTMpV0pSLE

14.2 What Is Technical Analysis?

https://www.youtube.com/watch?v=1aayUoTnFhI

14.3 Introduction To Candle Stick pattern

https://www.youtube.com/watch?v=S-9S8Oxq9KI

14.4 Stop-Loss Hunting Explained

https://www.youtube.com/watch?v=MuU3RflauMo

14.5 What Price Action Trading Actually Means

https://www.youtube.com/watch?v=G2gAvtVkyRA

14.6 What is Fibonacci Character Analysis

https://www.youtube.com/watch?v=21jtGdbXBow

14.7 Introduction to Option Trading - Part 1

https://www.youtube.com/watch?v=9JUOEKORkkM

By Palani Selvam T.
 Prepared by Palani Selvam T.

14.8 Introduction to Option Writing - Part 2

https://www.youtube.com/watch?v=E4F1-ttNd8c

14.9 What Is Risk Management

https://www.youtube.com/watch?v=tFv6AnuOGCI

14.10 Does Technical Analysis Work

https://www.youtube.com/watch?v=Bwa_G2jlsO8

By Palani Selvam T.