Any good book on trend analysis?

I am learning option trading and the basic thing I understand is the before I put up any trade I should understand the market trends.

Hence please suggest me a book that can help me analyzing market trends.

Technical Analysis of Stock Trends by Edward and Magee 9th Edition
Technical Analysis by Charles Kirkpatrick

These two are the only one's u need .

Tc

if you are looking for basics...try to google it first...

After seeing your SIG, I doubt my decision on learning technicals

1) I need them for analyzing Nifty only. Will the first book be helpful?

2) I have been studying various articles on Investopedia and have found Stochastics to be really interesting. Do you or anyone else know of advanced book/article on the topic.

Thanks for the reply.

First book is essentially the bible of TA. So whether or not you use the book for trading, it is going to be extremely beneficial for you.

Secondly, refer to Robert Miner's dual time frame approach (High probability trading) if you need to study more on how to use stochastic/similar indicators effectively. Also you can refer to Ed Ponsi's tutorial on forex market's where he has taught how to use stochastics. His principle's apply quite well in stock markets.

Finally, it is your research on stochastic which is going to do wonders for you. Pick up charts and start seeing where the indicator works best and where it doesn't. Personally I don't prefer indicators for trading. I use indicators for studying strength/weakness in the market.

Tc.

Thanks for the prompt reply. I shall be trading Nifty Options only and hence shall use these indicators to track Nifty's direction.

Can you please let me know if we have indexes like RSI, Volume based index like On-Balance Volume, Accumulation/Distribution Line, Aroon Lines/Oscillators etc?

1. Complete turtle trading rules
2. Tech analysis of forex markets by Boris Schlossberg
3. Cybernetic analysis of stocks and futures by John Ehlers

Prasham can you be more specific ? I could not follow what you have asked for.

If you are looking for indicators like RSI, Aroon, On balance volume then you do get these in any charting package. Eg. Amibroker, Metastock

Tc.

Can I find the same in Aptistock? Its free and I've download it.

Yes you can.