The document discusses technical analysis and how it can be used by laymen to understand stock market trends and directions in the short, medium, and long term. It outlines two approaches - tracking fundamentals or tracking stock prices directly using technical analysis. Some technical indicators that can help determine trends are mentioned, such as MACD, RSI, and stochastic indicators. Finally, some websites for learning more about technical analysis are provided.

1. Technical AnalysisBy : Nitin S Gupta

2. Why Technical Analysis ?

3. Two ApproachesEither track everything else - fundamental factors - how is the economy performing - how is the industry performingMake a correlation effect of how all this will affectStock prices …………..or………… Either track stock Prices – technical analysis do that.

4. Do Stock Markets Lead the Economy ?

6. Stock Prices Peaking ahead of Economy ?

7. How can a layman use technical Analysis to his benefit ?

8. Knowing the Trends/Directions

9. Short term

10. Medium term

11. Long Term

12. Direction Known ?How to Trade it ?

13. Trading the Direction…….

14. Some other indicators that can be used

15. Moving Average Convergence Divergence (MACD)

16. Relative Strength Index ( R.S.I)

17. Stochastics

19. Some sites that can be looked upon for initial technical analysis knowledge http://stockmaniacs-tutorials.blogspot.com/www.investopedia.comwww.sudharshanonline.comhttp://practical-ta.blogspot.com/www.traderji.comhttp://in.finance.yahoo.com/q/ta?s=^NSEI&t=5d&l=on&z=l&q=c&p=e233,e377&a=&c=http://in.finance.yahoo.com/q/ta?s=^NSEI&t=3m&l=on&z=l&q=c&p=e8,e13,e34,e55&a=&c=

20. Thank you

21. Open for questions……