Course Overview
Why a chart is only half the answer
Technical analysis is very good at telling you when a stock is behaving well and when it is not. It is silent on whether the business underneath it is any good. People who lose money slowly are usually not losing it on bad entries - they are losing it holding good entries in bad businesses.
What this course is about
Reading a company's own report, in the order the information stacks up. The three statements and, far more usefully, what they say when read against each other - profit is an opinion, cash is a fact, and the gap between them is where most of the value of this skill lives.
Then the ratios. There are hundreds and about eight that matter: return on capital, return on equity, debt, interest cover, the working capital cycle, and the margin trend over several years. What each one really measures, and how each one can be made to look better than it is.
Then the parts nobody reads. Related party transactions, contingent liabilities, pledged promoter holdings, auditor qualifications. None of it is hidden. It is published, in the sections at the back, in language written to be accurate rather than clear.
Indian companies, Indian reports
Every worked example is an Indian listed company and an Indian annual report, because that is what you will actually be opening.
What it will not do
It will not tell you what to buy. It will not make you an analyst. It teaches you to read a business well enough to decide whether you want to own it, and to keep that view when the price disagrees with you for a while.
Curriculum
Still being finalised. The lesson list goes on this page before enrolment opens.
Your Instructor
Bharat
Engineer turned full-time investor and trader
An engineering graduate who spent 17+ years with a global automotive MNC in India and abroad, then left to work the markets full time. Roughly a decade of market experience, the last four of them as a full-time investor and trader teaching chart reading and Techno Funda Analysis.