3 Review(s)

Martin Pring’s Complete Guide To Technical Analysis: An Indian Perspective explains the fundamentals of those factors which really affect stock prices, busting a few myths in the process. Summary Of The Book The first thing Martin Pring’s Complete Guide To Technical Analysis: An Indian Perspective will do is to remove the illusions created by stock market experts, when they say that factors like projected profits and P/E ratios affect stock prices. Although this is essentially true, the real fundamental reason for the movement of stock is the reaction of the public to these announcements. Martin Pring’s Complete Guide To Technical Analysis: An Indian Perspective helps in making an analysis that cuts through all the hype, misapprehensions and distortions that the stock market is laden with. Readers can rely on facts and figures, rather than the seemingly arbitrary actions of experts and agents. Although the prices are determined largely by psychology, this book says that psychology moves in trends, and sets out to define those trends and anticipate the movements in such a way that readers can make the right decisions. Some important features of Martin Pring’s Complete Guide To Technical Analysis: An Indian Perspective are that they include comprehensive discussions on the following subjects: the factors which indicate trends, such as trend lines, candlesticks and price patterns. Other parameters like relative strength and volume are covered, along with some of Pring’s own indicators. The book also has certain indicators which are specific to India, and how traders and investors can benefit from it. Few of the chapters included in this book are Moving Averages, Classic Price Patterns, Support and Resistance, Market Breadth, and Volume Indicators. Martin Pring’s Complete Guide To Technical Analysis: An Indian Perspective and Investors can be used by those who are already familiar with the stock market, as well as complete novices who are looking to get a grip on it. About Martin J. Pring Martin Pring is a financial adviser with several years of experience. Other books by him are Study Guide For Technical Analysis Explained, Technician's Guide To Day & Swing Trading, Candlesticks Explained, and Breaking The Black Box. Martin Pring first entered the world of stock trading in 1969. At present, he runs the Pring Turner Capital Group, which is a firm that conservatively allocates assets according to current business cycle trends. In 1981, Martin Pring established Pring Research, which provides financial research for large companies as well as individual investors around the world. He has been publishing Intermarket Review since 1984, which is a monthly publication that provides a summary of the major financial markets in the world. He has given lectures at Golden Gate University, University of Richmond, and Darden Business School on technical analysis.