- President ATA (India), Director, S2 Analytics P Ltd, New Delhi, India
Sudarshan Sukhani is president of the Association of Technical Analysts, India (www.ataindia.org). He is an Honors Graduate in Business from St Xavier’s College, Kolkata. He is a Chartered Financial Technician (CFTe).
Sudarshan commenced in technical analysis by keeping charts manually. In 1989, he ventured in the area of computer based trading, working with indicators and trading strategies. In 1993, he changed careers to become a full time trader. Since 1999, when the first business TV broadcasts started with CNBC-TV18, he has been a regular guest on stock market shows. He has appeared on thousands of market shows on CNBC-TV18 from 1999 and continues to be India’s favorite TV analyst, to date (2012).
Sudarshan is a short term trader, mainly trading in Nifty futures and options with a time-frame of few hours to few days. He has given more than fifty seminars on different aspects of Technical Analysis. In addition, he has participated in over 40 Investor camps throughout India, organized by CNBC-TV18.
In early 2012, his first book “Trading the Markets” was published by Vision Books (www.visionbooksindia.com). Sudarshan lives with his wife, Usha, in New Delhi. His business website is: www.s2analytics.com and he blogs regularly at www.sudarshanonline.com.
New Methods in Short Term Trend Following
Trends make money. The classical methods of defining a trend with breakouts/breakdowns often results in numerous whipsaws. This presentation will explain how trends can be identified using zero lag indicators. It is possible to identify end of trend with momentum divergences which allows traders to exit much earlier than the actual trend change. Entries and exits are implemented when volatility cycles are reaching a trough. All of these concepts are implemented for short term trading. Examples are given with Indian Nifty Futures and different stocks, but the concepts are valid for all freely traded markets.