TIME YOUR TRADES WITH TECHNICAL ANALYSIS by Pradhan, Kale & Joshi is a perfect blend of theories & practice that will help market participants to arrive at smart decisions. This book should bring about some sanity for the investors in the insane markets of today. This book would protect an investor from getting emotionally attached to a stock. The book prepares an investor for facing the confluence of emotions, sentiments and volatility in today's markets. A must read for every student of the market.
The 3 key differentiators of this book are: The text is simple and while obviously not for a pure layman, is an excellent guide for a financial layman i.e. a person who is involved with the investment industry but is not necessarily a fund manager. May I call it a & Technical Analysis for Dummies & in terms of quality of content as well as simplicity of delivery? I particularly loved the mix of examples i.e. both very well known stocks as well as slightly obscure stocks so that the reader understands the limitations of technical analysis as a decision making tool across the liquidity spectrum. I also liked the approach explaining the correct use of tools of technical analysis and things for which they cannot be used or where they need supporting analysis1 Otherwise a financial layman can make the mistake of thinking that these are a panacea!
TIME YOUR TRADES WITH TECHNICAL ANALYSIS& is an important contribution to the knowledge bank of Indian Capital Markets. There are few books that use data on Indian Companies to educate the Indian investors. The language used to explain various concepts is simple and straightforward. A must read for all those who desire to generate wealth in share market by using technical analysis tools. Deena Mehta, Ex President, Bombay Stock Exchange Co-promoter Asit C. Mehta investment Intermediates Ltd.
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