Elliott Wave Theory is one of the most enduring — and intriguing — forms of technical analysis. Its adherents hold that the theory is unsurpassed in its ability to predict the direction of financial markets. This book presents tried and market-tested trading strategies based on Elliott Wave Theory. Followed with discipline and correct understanding, these strategies can help you trade the stock market profit.

The book starts with a concise introduction to Elliott Wave Theory, and an explanation of its various key building blocks. It then focusses on three proven market-tested trading strategies. Each trading strategy is explained in detail with entry, stop loss and exit rules — and illustrated with real-life examples from the Indian market. Find out:

• The key concepts of Elliott Wave Theory

• Wave Principle: Dominant and corrective trends

• What fractals are and how they simplify the recognition of the nature and count of waves

• Rules and guidelines for trading Elliott Waves

• How Fibonacci sequence and relationships help determine the likely length of waves and their retracements

• 3 market-proven trading strategies explained in detail

• Plus: 100 real-life examples, with charts, from the Indian markets.

Rakesh Bansal, a post graduate in Business Management, grew interested in the stock market in 1998 and is now a full time market trader, mentor and advisor. Equally, he is a prominently featured market expert on top Indian business television channels.

With his vast repertoire of knowledge and rich experience of more than two decades, Mr. Bansal has been mentoring and advising large numbers of traders and investors through his seminars. He is an expert panellist with Zee Business television channel where he regularly shares his market outlook and trading picks. His equity advisory services focus on “Return OF Capital along with Return ON Capital.”

Rakesh Bansal is the author of two other successful books on trading, Profitable Short Term Trading Strategies and Profitable Elliott Wave Trading Strategies, both published by Vision Books.