Master the markets with professional-grade education on Technical Analysis, Fundamental Analysis, ICT concepts, and Forex trading — completely free.
Technical analysis is the study of past price movements and volume data to forecast future price direction. Unlike fundamental analysis which looks at a company's financials, technical analysis focuses entirely on price action and market psychology.
💡 Key Principle: Markets discount everything — all known information is already reflected in the price. Chart patterns and indicators help identify the probable direction of future price moves.
Candlestick charts show the open, high, low, and close price for a given period. Learning to read candlestick patterns is the foundation of price action trading.
Support is a price level where buying interest is strong enough to prevent further decline. Resistance is a level where selling pressure stops the price from rising further.
Fundamental analysis evaluates a security's intrinsic value by examining related economic, financial, and qualitative/quantitative factors. For stocks, it means analysing a company's financial health, competitive position, and growth prospects.
| Ratio | Formula | What it Means | Good Range |
|---|---|---|---|
| P/E Ratio | Price / EPS | How much investors pay per ₹1 of earnings | 15–25 (India avg) |
| P/B Ratio | Price / Book Value | Premium over net assets | < 3 (value) |
| ROE | Net Income / Equity | Return generated on shareholder equity | > 15% |
| Debt/Equity | Total Debt / Equity | Financial leverage and risk | < 1 (preferred) |
| EPS Growth | YoY EPS Change % | Earnings growth momentum | > 15% YoY |
| Dividend Yield | DPS / Price × 100 | Annual income return from stock | 2–5% (India) |
| Current Ratio | Current Assets / Liabilities | Short-term liquidity | > 1.5 |
ICT methodology, developed by Michael J. Huddleston, focuses on understanding how banks and large institutions (Smart Money) manipulate price to hunt retail stop-losses before moving in the true direction. It combines price action with market structure concepts.
💡 Core Idea: Smart Money creates liquidity by running price into obvious retail stop-loss zones before reversing. Learning to identify these zones gives you an institutional edge.
Order Blocks are the last bullish or bearish candle before a significant move. They represent areas where institutional orders were placed. Price often returns to these zones for re-entry.
A Fair Value Gap (also called an Imbalance) occurs when price moves so aggressively in one direction that it creates a gap between three consecutive candles. Price tends to return and "fill" these gaps before continuing.
The Foreign Exchange (Forex) market is the world's largest financial market with over $7 trillion traded daily. For Indian traders, Forex offers opportunities through currency futures on NSE/BSE or international brokers.
💡 Professional traders say: "Risk management is the only edge that matters in the long run." No strategy works without strict capital protection rules.
Use this formula to calculate the correct lot size / number of shares for every trade:
Example: Capital = ₹1,00,000 | Risk = 1% = ₹1,000 | Entry = ₹500 | SL = ₹490
Position = ₹1,000 ÷ ₹10 = 100 shares