Technical Analysis Books are very important for a trader or investor in the stock market. The relevant question here is how much time you will need to learn the technical analysis of stocks. Furthermore, is it worth investing the precious time in studying the books on technical analysis of The Indian stock market? Well, the answer is a big yes. In fact, the art and science of technical analysis help the investor to make higher returns. Also, learning new things in the stock markets can always help to make more money.

In this article we will talk about:

  • Meaning of Technical Analysis
  • Significance of Technical Analysis of the Financial Markets
  • List of Best 2019 Technical Analysis Books
  • About Trading Fuel

Meaning of Technical Analysis

Technical analysis is a trading tool that involves collecting the data and statistics of stocks over a period of time. Thus, based on the numerical’s available, the future price movement prediction is done.

Significance of Technical Analysis of the Financial Markets

The technical analysis of financial markets put the investor in the driving seat. By understanding the right technicals for any stock, the investor can know the expected future move in the stock price. Therefore, the investor can take the right position before the movement in the stock starts. Although, learning the technical of stocks is not an easy task. However, there are many books on technical analysis of stocks available in the market and online. Therefore, by reading those books one can easily learn about the technical analysis of stocks. The list of a few famous books is as follows. 

Here you can find out below “Latest List of 2019”.

6. Technical Analysis Of The Financial Markets By John Murphy

John Murphy’s book on technical analysis of the market is the easiest book to understand. In fact, it is a comprehensive guide to trading in the stock market along with the technical indicators. Therefore, if someone is a beginner in the market, then this book is of a lot of help. The books give a realistic sense of how a market behaves and based on the data how analysis can be done. To conclude, the book by John Murphy is a must-read book on technical analysis of stocks. 

Technical Analysis Of The Financial Markets By John Murphy
Image Source From Google.com

5. Trading Fuel

Technical Analysis book by Trading Fuel is a super learning guide. It is very useful for beginners and current investors. Conceding that, the book covers technical analysis from a to z in the most descriptive manner. In fact, the best part of this book is easy availability. The reader just needs to subscribe to get a free copy. Thus, with its easy availability and simple language, it is among best technical analysis pdf books form available online.

4. NCFM Technical Analysis Module

National Stock Exchange (NSE) provides NCFM technical analysis module for understanding the technicals of the stock market. The books consist of each concept in detail. It has a very easy to understand language. In fact, one can read the book and even get a certification. Also, the book is available online and can be downloaded easily. This book from NSE is very reliable for technical analysis of The Indian stock markets. Thus, it is among the top books on technical analysis of The Indian stock market.

NCFM Technical Analysis Module
Image Source from NIFM Web

3. Technical Analysis Explained by Martin J Pring

This book by Martin J Pring is for those who believe that technical analysis do not work for the markets. The readers can learn charting, price action trading, analysis of patterns and much more. The book is ideal for the beginners in the market as it explains everything in right from scratch. The book also mentions about the bubble companies. Overall, it is a very good and interesting book for the readers. Therefore, it easily falls among the best technical analysis books.

Technical Analysis Explained by Martin J Pring
Image Source From Google.com

2. Japanese Candlestick Charting Techniques by Steve Nison

The most important tool of technical analysis is candlestick charting. “Japanese Candlestick Charting Technique” is used for many years in Japan. In fact, it has a long history. This charting analysis was used when the western world was not even aware of technical analysis. This book explains the history and the charting technique very nicely. Thus, the book is among the best technical analysis books.

Steve-Nison-Japanese-Candlestick-Charting-Techniques
Image Source From Google.com

1. Elliott Wave Principle by A.J. Frost and Robert Prechter

Elliott Wave Principle by A.J. Frost and Robert Prechter
Image Source From Google.com

The wave principles are getting popular these days. That is why they are now an important tool for technical analysis of stocks. The book explains the Fibonacci concepts very well. In fact, understanding the waves can prove to be very beneficial. The opportunities in stocks can be found based on them. To put it another way, the book provides a good insight onto all the concepts of waves. Therefore, this book is very good to read and it finds a place among the best technical analysis book. 

The above books are amongst the most read books on technical analysis of stock markets. In fact, every trader or investor who intends to learn about the technical analysis of stock markets must go through them.

About Us:

Trading Fuel is a pioneer in imparting stock market knowledge. Our articles and blogs help the new and current investors to learn new concepts about the markets. Without a doubt, the technical analysis of stocks can help the traders and investors to make good money. In fact, with our technical analysis book and regular updations of blogs/articles, the reader can gain important knowledge. The investor can also learn different types of analysis. Just visit our blog/article page and be an investor with a lot of wisdom.

Author

Prashant Raut is a successful professional stock market trader. He is an expert in understanding and analyzing technical charts. With his 8 years of experience and expertise, he delivers webinars on stock market concepts. He also bags the ‘Golden Book of World Record’ for having the highest number of people attending his webinar on share trading.

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