IISMA
Indian Institute of Stock Market Analysis
Technical Analysis · Techno-Trader

Technical Analysis Course

Read any chart, on any timeframe, and build an intraday or positional strategy you can actually follow.

Fee₹25,000
Duration30–45 days
Each session1 hour
Topics covered37

Technical analysis is the study of price itself — what buyers and sellers have already done, written on a chart. This programme takes you from your first candlestick to a written trading system with defined entries, exits and position sizing, practised on live market data rather than textbook examples.

Suitability

Who this course is for

  • Complete beginners who have never placed a trade
  • Investors who buy on tips and want to judge charts themselves
  • Intraday traders whose entries work but whose exits do not
  • Finance students and professionals adding a practical skill

If you are looking for daily buy and sell calls rather than the skill to generate your own, this is not the right programme — we teach analysis, not tips.

Detail

The course in numbers

Course fee₹25,000
Certification add-on₹5,000 for the NSE-certified module, including the examination fee — optional
Duration30–45 days
Class length1 hour per session
Frequency5 days a week, Monday to Friday
ModesClassroom at our Zirakpur centre, or live online
RecordingsSession recordings are provided to students on the online track
LanguagesEnglish, Hindi and Punjabi — ask for whichever you follow best
Syllabus8 modules, 37 topics
Included in the feeFee includes registration, service tax, notes, books and software for technical analysis. ₹5,000 extra for the NSE-certified Technical Analysis Module (includes NSE certification examination fee).
Bonus3 special sessions on Algo Trading
Before you start

What you need

Prior knowledge

None. We start from what a share is and why prices move, so you can begin with no market background at all.

Equipment

A laptop and the willingness to practise. Notes, books, charting software and the trading platform are all provided by us.

Demat account

You do not need a demat account before you join — opening and using one is taught in the programme itself.

Syllabus

What you will cover, module by module

8 modules and 37 topics, taught in this order — market structure before indicators, and risk management before strategy.

  1. 01Foundations

    • Introduction to Stock Market
    • Introduction to Charts
    • Margin Concept
    • Concept of Short Selling
    • Introduction to Derivatives
  2. 02Hands-on Real-Time Trading

    • Demat and trading account opening
    • Placing bracket orders
    • After-market, GTT and other orders
    • Trading with trailing stop-loss
  3. 03Chart Analysis

    • OHLC — candle charts
    • Heikin-Ashi charts
    • Renko and other charts
  4. 04Price Action

    • Support & resistance
    • Head and shoulders
    • Double/triple tops and bottoms
    • Gap theory, flags, triangles
    • Pivot points
    • Breakouts and identification of MYBOs
  5. 05Technical Indicators

    • Lagging: SMA, EMA, DMA, VWMA
    • Leading / momentum: RSI, RSI divergence, MACD
    • Supertrend, Half-Trend, Donchian
    • IISMA Trading System (Intraday)
    • Ichimoku Cloud system
    • VWAP, Stochastic
    • Stock screening methods
  6. 06Price & Volume Action

    • Money Flow Index
    • Advanced Directional Momentum Index
    • Trend analysis, reversal & continuation strategies (IISMA Special)
    • Volume & open interest
    • Intraday / positional trading strategies
    • John Murphy's 10 Laws of Technical Trading
    • Dow Theory
  7. 07Fibonacci

    • Fibonacci levels trading
    • Retracement & extension
    • Elliott Wave theory
  8. 08Risk & Money Management

    • Rules for disciplined trading
    • Trading with low risk, high reward
The difficult bit

Where most self-taught traders come unstuck

Almost everyone learns indicators first. RSI, MACD, a moving average crossover — they are easy to find on YouTube and they feel like a system. Then the signals contradict each other, and there is no framework to decide which one to believe.

The order matters. Price action and market structure come first: where supply and demand actually sit on the chart. Indicators are confirmation, not instruction. We teach it in that order, which is why the indicator sections come after the price action ones in the syllabus below.

The second thing that undoes people is exits. Entries are widely discussed and comparatively easy. Knowing where to place a stop, when to trail it, and how large a position may be for a given account is what separates a profitable month from a flat year — so risk and money management is a module here, not a footnote.

Outcomes

What you will be able to do

  • Read OHLC, Heikin-Ashi and Renko charts and know when each is useful
  • Mark support, resistance and market structure without second-guessing
  • Identify breakouts, reversals and continuation patterns as they form
  • Combine lagging and leading indicators without contradictory signals
  • Size a position and place a stop-loss from a written rulebook
  • Produce your own daily technical research note and market forecast

Practical applications on real market data. Utilise derivative strategies alongside technical strategies. Prepare technical and daily research reports, create your own market forecast, identify trends and key price patterns, recognise patterns, use technical indicators and apply technical theories.

Schedule

Upcoming batches

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Questions

Questions we get asked

Should I do just technical analysis, or all three modules?

Start with technical analysis if you intend to trade — it is the module that teaches you to read a chart and manage a position, and it stands on its own. Add fundamental analysis if you also want to invest over longer horizons, and derivatives if you want to trade options. Most students begin with one, then add a second once they know how they actually like to trade. Combined enrolments are discounted; ask us for the current combination fee.

What is the fee for technical analysis?

₹25,000, which includes registration, notes, books and charting software. The NSE-certified Technical Analysis module is an optional ₹5,000 extra and covers the examination fee. See the Plans & Pricing page for fundamental analysis and derivatives, and for combination rates.

Do I need to know anything about the stock market before joining?

No. Every programme starts from first principles — what a share is, how an exchange works, how an order reaches the market. Roughly half of each batch has never placed a trade before joining.

What do I need to bring?

A laptop, and the willingness to practise between sessions. Notes, books, charting software and the trading platform are included in the fee. You do not need an existing demat account; opening one is part of the course.

How long is each class, and how often do they run?

One hour a day, five days a week, Monday to Friday. Most programmes run 30 to 45 days depending on the module and how quickly the batch moves.

Can I attend online instead of coming to the centre?

Yes. Every programme runs both as a classroom batch at our Zirakpur centre and as a live online batch. Online students receive session recordings, so a missed class is not a lost class.

How much return will I make after learning this?

We do not promise a return, and we would treat any institute that does with suspicion. What you earn depends on your capital, your discipline and market conditions — none of which a course controls. What we commit to is the skill: reading charts, sizing positions, managing risk and following a written plan. IISMA does not provide trading tips or advisory services.

Is the NSE / NCFM certification included in the fee?

No — the certification module is ₹5,000 on top of the course fee, and that figure includes the NSE examination fee itself. It is optional. Many students take it because an NSE certificate is recognised across the financial services industry.

What happens after the course finishes?

Enrolled students get lifetime assistance. Come back with a doubt a year later, bring your fee receipt, and we will help. You are also welcome to sit in on a future batch covering the same module.

Enquire

Ask about the Techno-Trader programme

Tell us where you are starting from and we will tell you honestly whether this is the right module for you.