Duration
1 month
Syllabus
100+ concepts
Training
Live classes
Mode
Delhi or online
Language
English and Hindi
The basics

What is technical analysis?

Technical analysis is the study of price and volume to judge where a stock, index or commodity is likely to move next, and when to act. Instead of asking “is this a good company?”, a technical analyst asks “what are buyers and sellers doing right now, and where are they likely to act again?”

It rests on three ideas from Dow Theory: price reflects available information, prices tend to move in trends, and crowd behaviour repeats. Technical analysis does not predict the future with certainty. It helps you find trades where the odds and the risk-to-reward work in your favour, and tells you exactly where you are wrong.

In this stock market technical analysis course, you learn both the tools and the judgement: which signal matters in which context, and when to ignore a pattern that looks perfect on paper.

Technical analysis

  • Studies price, volume and trends
  • Answers when to buy or sell
  • Used for intraday, swing and positional trades
  • Works on charts of any liquid stock or index

Fundamental analysis

  • Studies the business and its financials
  • Answers what to buy and at what value
  • Used for long-term investing
  • Works from annual reports and ratios
Price and psychology

The market cycle every chart is drawing

Charts are a record of human emotion. Prices move through accumulation, mark-up, distribution and mark-down as the crowd swings from disbelief to euphoria and back to panic. Technical analysis gives you a tool for each stage: moving averages for the trend, momentum indicators for strength, and patterns for turning points.

DisbeliefHopeOptimismBeliefThrillGreedEuphoriaComplacencyAnxietyDenialFearPanicCapitulationDespondencyDisbelief againTrend tools: moving averagesMomentum: RSI, MACDPatterns: tops, breakdownsACCUMULATIONMARK-UPDISTRIBUTIONMARK-DOWN
The emotional cycle of a market trend. Illustration for learning, not a forecast of any stock or index.
  • Early stageMost people still doubt the move. Trend tools such as moving averages turn up first.
  • Late stageGreed and euphoria. Momentum indicators like RSI and MACD often start to diverge from price.
  • Turning pointDenial and fear. Patterns such as double tops and support breaks confirm the change.
Who should join

Who this technical analysis course is for

You should know what a share is and how to place an order. Everything else on the chart, we teach from the ground up.

  • Learners who know the basics

    You understand the market but charts still look like noise. You want a step-by-step way to read price action.

  • Active traders

    You already trade and want to know why a setup works, not just copy signals, so you can stop repeating the same losing trades.

  • Investors timing entries

    You pick companies on fundamentals and want better timing, so you buy at support rather than at the top of a rally.

  • Market psychology fans

    You want to connect chart patterns to the fear, greed and crowd behaviour that create them.

Syllabus

Technical analysis syllabus: 6 modules, 100+ concepts

Every concept is taught on live market charts and practised in class. Pick a module to see what it covers.

Charts, trend and market structure

How to read a chart and judge the direction and strength of a trend on any timeframe, from 5-minute to weekly.

You will be able to say whether a stock is trending or ranging, and on which timeframe.

  • Line, bar and candlestick charts
  • Heikin-Ashi and Renko
  • Choosing timeframes
  • Higher highs and lower lows
  • Trendlines and channels
  • Multi-timeframe analysis
  • Dow Theory
Technical indicators, illustrated

8 technical indicators with examples

Each illustration below is drawn from a sample price series with the indicator calculated for real, so you see how it actually behaves. In class we apply the same tools to live NSE charts.

Fast EMA crosses above slow SMA9 EMA21 SMA

01Moving averages (EMA and SMA)

What it shows
Smooth out price to show the trend. A fast average crossing a slow one is a common trend-change signal.
How traders read it
Price above a rising average means buyers are in control. Many traders only buy when the 9 EMA is above the 21 SMA.
Watch out
In a sideways market, averages cross back and forth and give false signals.
70 OVERBOUGHT30 OVERSOLDRSI (14)

02RSI (Relative Strength Index)

What it shows
Measures the speed of recent gains against losses on a scale of 0 to 100.
How traders read it
Above 70 is often called overbought, below 30 oversold. Divergence, where price makes a new high but RSI does not, can warn of a slowing trend.
Watch out
In strong trends RSI can stay overbought for weeks. Overbought is not a sell signal on its own.
MACDSignalHistogram

03MACD

What it shows
Shows the gap between a 12 and a 26-period EMA, with a 9-period signal line and a histogram.
How traders read it
MACD crossing above its signal line suggests momentum turning up. A shrinking histogram shows a move losing strength.
Watch out
MACD lags price, so in fast markets the crossover often comes after much of the move.
SqueezeExpansion

04Bollinger Bands

What it shows
A 20-period average with bands two standard deviations above and below it, so the bands widen and narrow with volatility.
How traders read it
A squeeze, where bands get very narrow, often comes before a big move. The breakout direction tells you which way.
Watch out
A touch of the upper band is not automatically a sell. In a strong trend, price can ride the band.
0%24%38%50%62%100%

05Fibonacci retracement

What it shows
Horizontal levels at 23.6%, 38.2%, 50% and 61.8% of a prior swing, drawn from swing low to swing high.
How traders read it
In an uptrend, traders watch for pullbacks to hold near 38.2% to 61.8% before the trend resumes, ideally where another support lines up.
Watch out
Levels depend on which swing you pick. Use them as zones that need confirmation, not exact lines.
RESISTANCESUPPORTBreakout

06Support and resistance

What it shows
Price zones where buying (support) or selling (resistance) has repeatedly stepped in.
How traders read it
The more times a level holds, the more traders watch it. A break with strong volume often turns old resistance into new support.
Watch out
Levels are zones, not single prices. Placing stops exactly on a round number is a common trap.
Volume spike confirms the moveVOLUME

07Volume confirmation

What it shows
The number of shares traded. Volume shows how much conviction is behind a price move.
How traders read it
A breakout on volume well above average is more trustworthy than one on thin volume.
Watch out
Volume spikes also happen on news and expiry days. Always read volume together with price.

08Supertrend

What it shows
A trailing line based on ATR (average true range) that sits below price in an uptrend and above it in a downtrend.
How traders read it
Traders use the line as a trailing stop and the colour flip as a trend-change alert.
Watch out
In choppy markets it flips often. Test the settings on the stocks you trade before relying on it.
Try a lesson

Candlestick pattern explorer

A small taste of module two. Pick a pattern to see how it forms, what it suggests, and the context that makes it matter.

Bullish reversal

Hammer

A small body near the top with a long lower wick, at least twice the body. Sellers pushed price down hard, but buyers took it back before the close.

Context: it only counts after a fall, ideally at a support level. Wait for the next candle to close higher before trusting it.

Risk to reward

The number every chart setup needs

A good pattern is not enough. Before any trade, technical traders check how much they could lose against how much they could gain. With a 1:2 risk to reward, you can be wrong on more than half your trades and still break even before costs. Try it with your own levels.

How you learn

Live charts, real practice, a mentor beside you

  • Taught on live charts

    Concepts are explained on current NSE charts, not old textbook screenshots.

  • Practice in every class

    You mark levels, spot patterns and write setups yourself, then compare your work with the mentor’s.

  • Delhi or online

    Join our Delhi classroom or the same live classes online from anywhere in India.

  • Free demo first

    Attend a demo class, meet the mentor and see the teaching style before you enrol.

Why we teach risk before setups

SEBI’s study of FY25 found that over 91% of individual traders in equity futures and options made a net loss. Charts help you find better trades, but no indicator removes risk. That is why every module in this course ends with where you are wrong, how much you will risk and when to stay out.

Source: SEBI study of individual F&O traders, FY25, as reported by Business Standard, July 2025.
FAQ

Technical analysis course: common questions

What is technical analysis?

Technical analysis is the study of price and volume charts to judge where a stock or index is likely to move and when to act. It uses trends, candlestick and chart patterns, indicators such as RSI and MACD, and support and resistance levels to plan entries, exits and stop-losses.

How long is the technical analysis course?

The course runs for one month of live classes and covers more than 100 concepts across six modules: charts and trend, candlesticks, chart patterns, indicators, volume and key levels, and building a trading plan.

Is this technical analysis course good for beginners?

Yes, as long as you know the stock market basics, such as what a share is and how to place an order. The course starts from reading a chart and builds step by step to indicators and trade planning. Complete beginners may prefer our Alpha Course, which also covers the basics.

Which technical indicators are covered?

Moving averages (SMA and EMA), MACD, RSI and divergence, Stochastic, Bollinger Bands, ATR, Supertrend, ADX, Fibonacci retracements, pivot points and CPR, and VWAP, along with volume analysis.

Can technical analysis predict stock prices?

No method predicts prices with certainty. Technical analysis helps you find setups where the probabilities and risk to reward are in your favour, and it tells you in advance where your trade idea is wrong so you can limit losses.

What is the difference between technical and fundamental analysis?

Technical analysis studies price, volume and trends to decide when to buy or sell. Fundamental analysis studies a company's business and financial statements to decide what to buy and at what value. Many investors use fundamentals to choose stocks and technicals to time entries.

Is the course useful for intraday trading?

Yes. The trading plan module covers intraday and positional setups, including VWAP, pivot points and CPR, entry and exit rules, stop-loss placement and position sizing.

Can I attend online?

Yes. You can join our Delhi classroom or the same live classes online from anywhere in India, in English or Hindi.

What are the fees for the technical analysis course?

Please send us an enquiry through the contact page for current fees and batch dates, or ask during your free demo class.

Do you give stock tips or trading calls?

No. 9AM Traders Academy is an education provider. We teach you to read charts and manage risk so you can make your own decisions. We do not give tips, calls or promised returns.

Make the chart make sense

Book a free demo class in Delhi or online, in English or Hindi. Ask us for fees and the next batch, and see how a live chart session works.