Trading is all about the interpretation of data, and how well a trader can use that data in order to earn profits in the stock market. For this purpose, technical and fundamental analysis are a trader’s best friend. We at Booming Bulls Academy teach our students technical analysis by assigning them the best technical analysis books to read in our Hybrid Centre library.
In today’s article, we will discuss some of the best technical analysis books which every trader should definitely read. These books are meant for both beginners as well as for experienced traders, and are usually part of the core curriculum of the best trading institutes in India– Booming Bulls Academy.
Technical Analysis from A to Z, 2nd Edition – Written by Steven B. Achelis, which immediately makes this book one of the best technical analysis books as it contains detailed explanations on over 135 technical indicators with examples, making it a repository of useful knowledge. The link of this book is available on our website under the Resource page.
Flirting with Stocks: Stock Market Investing for Beginners – Authored by financial expert Dr. Anil Lamba, this books brings to traders a street-level view of the Indian Stock Market, covering various topics in his books including – the basics of investments, mutual funds, curb trading, share-price fixing, etc. This additional content on top of technical analysis makes this one of the best technical analysis books, which is also uniquely suited to an Indian audience, and thus a definitive pick in the curriculum of the best trading institutes Booming Bulls Academy.
Pring on Price Patterns: The Definitive Guide to Price Pattern Analysis and Interpretation – Martin J. Pring brings both beginner and experienced traders an in-depth view of various price patterns, their pros and cons, and a comparative analysis of each of them using technical analysis. It’s detailed approach to price patterns makes this one of the best technical analysis books for beginners included in the best trading institutes in India.
New Trader Rich Trader – Written by Steve and Holly Burns, New Trader Rich Trader gives the readers an easy read with essential trading advice. The book explains many topics such as trading psychology, risk management and what it takes to succeed in this field where so many people fail. Technical analysis is also beautifully introduced in the book through its unique “dialogue-style”, which takes on the roles of a novice trader and an experienced trader. This makes it one of the best technical analysis books recommended by the Booming Bulls Academy best trading institutes in India.
Fundamental Analysis for Investors – Written by Raghu Palat, this book focuses on the value-based aspects of the stock market. It is a great supplementary book for traders which would round off the knowledge gained from reading the best technical analysis books and is also covered by the Booming Bulls Academy. It explains with the help of illustrations, analytical tools of economic, industry and company analysis, ratios and cash flow.
There are many more such books in the market, but only a few can be part of the list of the best technical analysis books. We believe all aspiring traders should especially look out for the above-mentioned titles, all the links of the books are available on our website under the Resource Page.
We hope that this article has been informative for every trader out there, and has informed them of the best technical analysis books.