Jai's Profile

Jai

Jai Bala

I’m a Certified Financial Technician (CFTe) and a Member of Society of Technical Analysts (MSTA), UK. I trade for a living in the Indian stock market and US Futures and Commodities markets. I have been providing portfolio advisory services to Indian and NRI retail investors and brokers and sub-brokers in the Indian market for the past 5 years. I also run a product called "Delivery Delights" through the research house www.wow-india.com that is 5 years old. I share my technical views occasionally on Bloomberg UK, CNBC TV18 and Zee Business news.

Before taking up trading as a full time pursuit, I had a career in Information Technology and had worked in industry leading organisations like HCL Technologies and Logica Plc in leadership roles. (My cubicle in HCL Technology used to resemble a free stock advisory cell during our lunch and coffee breaks!!).

My journey in to the world of technical analysis began by a rather intriguing twist. I had bought a sizable amount of SEAMEC shares and a few other similar companies based on the fundamental research done by a site to which I was a paid subscriber. In the next 12-18 months I saw my trading capital diminish to 1/5th along with the price of these particular scrip’s. The monetary loss that I withstood in this episode gave me the best trading insights during the post-mortem I did. This was the triggering event for my education in technical analysis and I considered the loss incurred as my tuition fee to the market to get my basics of technical analysis right.

Ever since that day, I have not read a single financial daily or cared for companies financial results and yet my advisory service has been clocking over 150% annualised gains each year. So, my approach is based on 100% unadulterated technical analysis!

I’m also a sports enthusiast and I play Cricket, Football, Badminton and Tennis to keep myself physically fit. Tennis is my favourite hobby and in my teens I had pursued this as a career for a while before giving it up for education like many a ‘middle class Indian’. I also have an opinion or two when it comes to Spiritualism or Indian Politics ( – I guess two diverse fields as any can be!!)

Disclaimer: The author may be trading in, or have positions in the above mentioned securities. The views expressed here are based on technical analysis. Any decision to enter the world of futures or options or to purchase and sell any securities as a result of the opinions expressed here will be the full responsibility of the individual authorising such transaction.This is neither a solicitation nor an offer to Buy/Sell futures, stocks or options on the same.The past performance is not necessarily indicative of future results. The author expressly disclaims all liability for the use or interpretation of the information contained throughout this document. The contents of this website are not to be reproduced, distributed or published, in whole or in part, for any purpose without the prior written consent from the author.