How to become a legal Technical Analyst ?

Discussion in 'Technical Analysis' started by abc xyz, Dec 30, 2008.

  1. abc xyz

    abc xyz Guest

    Hello everyone,

    I am serious to become a Professional Technical analyst , so that i can recommend stock to Professionally and legaly, based on technical charts etc..

    But as I am new to this and I want to know what is the legal way and which courses and formal studies I have to do for that ?

    Some time back I heard that SEBI is coming out with some rules / law, so that only formally educated people can only advise stock recommendation.

    I am really serious to go for formal education in technical analysis, but don't know which course is approved by SEBI / NSE / BSE / or Govt. of India.

    Can anyone help me in this regard ?

    Pls. update me on all the above points
    Thanx in advance.....
     
  2. oxusmorouz

    oxusmorouz Well-Known Member

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    I'm not sure if such a thing exists. I mean, after all, formal education would ruin the careers of more than quite a few popular faces who give stock advices on TV. These are poor people who earn their sole living by scamming innocent TV viewers. Govt won't view such a measure favorably.
     
  3. hitesh

    hitesh Active Member

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    niftyrider likes this.
  4. AW10

    AW10 Well-Known Member

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    Good to see someone who wants to follow TA as profession. All the best.
    You will have competition from unorganised sector (i.e. not formally qualified but successfuls TAs).

    I am not sure if any institute in India is providing formal eduction and certification in India that is respected in the Industry by professionals (there might be few self proclaimed Guru's offering programs).

    There is Society of Technical Analysts in the UK. They offer certification in TA. Their site is http://www.sta-uk.org/. Check out the details on their Diploma course.

    The members of this society are analysts /employee of Fund Houses, hedge funds, private traders, Technical Investment advisor (as u are planning to become), brokerage houses etc.

    This orgn is also affiliated with US based society of Tech Analysts, IFTA. Google on MSTA / CFTe / CFTA and you will find it. I heard, Australia, Singapore, Hongkong etc have their own society of TAs.
    (one more area where India needs to catchup).

    Happy Trading.
     
    munde_77, ag_fx, hitesh and 1 other person like this.
  5. abc xyz

    abc xyz Guest

    anyone know about the rule which was about to implement by SEBI, so that unorganised TAs will wipe out from this area ??
    any update about it ?? is SEBI implemented that rule ?
    pls. update on this
     
  6. NOMINDTR

    NOMINDTR Well-Known Member

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    There is nobody around to give you a license that you are a TA IMO (check it) Though if you need a degree or diploma, check CFA site.

    Cheers
     

  7. telikaramu

    telikaramu New Member

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    one of the Hyderabad based institute Datta instute for stock market located in ameerpet contact they give full details
     
  8. trueline

    trueline New Member

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    Dear u can contact intelligence institute of business technique(iibt) they provide ta courses this institue is in kolkata in kalighat.website is www.iibt.com.or u can do ta course from mr.sanjay saraf ask about him any ca student or pursuing ca student in kolkata they will tell u about this sir.
     
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