Elearnmarkets.com & StockEdge in association with Motilal Oswal Financial Services organized a Workshop on ‘Modified Technical Analysis – Bridge Between Theory and Practice ‘ at The Chancery Hotel- Bangalore. The workshop was conducted by renowned Market Stalwart Mr Chetan Panchamia & Mr Chandan Taparia, Motilal Oswal’ s Market Expert. The Workshop was focused on practical chart reading with live examples. The program was designed to help participants to identify common mistakes while reading a chart, Identify False breakouts and profit from them, and learn hidden chart reading.
Speaking at the workshop Mr Chetan Panchamia, Market Stalwart said, “Markets mirror life with its up and down, the person with the discipline to follow his strategy with his belief and edge will be the winner, the battle to succeed comes with thinking inside out. The buyer has to think from a seller perspective and seller from a buyers perspective. The workshop is a small attempt to take to this side of understanding mastering the art of thinking with a different perspective.”
Commenting on the workshop Mr Chandan Taparia, Markets Expert, Motilal Oswal Financial Services said, “We have seen strong momentum in the Indian market in last 3 months and US markets also trading at their lifetime high zones. FIIs turned to net buyers and many heavyweight good quality stocks are bucking the trend.
We believe that that Indian market is all set for a fresh Bull run and its again a good opportunity for Investor and traders to get the benefit of such market momentum. We have seen good participation in Derivatives segment as well and Option activities are at their lifetime high zones. An investor should go for the top-down approach and can select good quality stocks which are having relative strength to their sectors.
Selective Private Bank, PSU Banks, Pharma, Financial can deliver good return even in short to medium term but the right selection process has to be adopted with the support of market experts.
Taparia added, “Best opportunity to invest in the market was a couple of years back and second-best opportunity is right now so one should participate in the journey of 5 trillion dollar economy over the next one decade. The Indian Equity market has a long way to go and right process and investment have made good wealth to the investor.”