Noesis

Stock-Market

Markets, valuation, macro and instruments.

notes
444notes
chapters
40chapters
tests
206tests
words
1.0Mwords
Test bank →Learning path →

Phase 1 — Market Foundations & Mechanics

Absolute beginner • 4–6 weeks6 chapters
1.1

What Markets Are

12 topics
  1. 1.1.1Define a financial market and its economic purpose
  2. 1.1.2Understand capital allocation and price discovery
  3. 1.1.3Differentiate stock exchanges vs over-the-counter (OTC) markets
  4. 1.1.4Learn what a stock exchange physically - electronically does
  5. 1.1.5Understand role of NSE and BSE in India
  6. 1.1.6Learn about major global exchanges (NYSE, NASDAQ, LSE, TSE)
  7. 1.1.7Understand trading hours and time zones
  8. 1.1.8Define liquidity and why it matters
  9. 1.1.9Understand market capitalization (large - mid - small - micro cap)
  10. 1.1.10Learn what a ticker symbol - scrip code is
  11. 1.1.11Understand bid, ask, and spread basics
  12. 1.1.12Define bull, bear, and sideways markets
1.2

Shares, Ownership & Indices

13 topics
  1. 1.2.1Understand what a share - stock represents (ownership)
  2. 1.2.2Differentiate common vs preferred shares
  3. 1.2.3Learn about voting rights and shareholder rights
  4. 1.2.4Understand dividends and dividend yield
  5. 1.2.5Learn about stock splits and bonus shares
  6. 1.2.6Understand buybacks and rights issues
  7. 1.2.7Define face value vs market value
  8. 1.2.8Understand authorized, issued, and outstanding shares
  9. 1.2.9Learn what a market index is and how it's built
  10. 1.2.10Understand Nifty 50, Sensex composition
  11. 1.2.11Learn about S&P 500, Dow Jones, NASDAQ Composite
  12. 1.2.12Understand free-float vs price-weighted indices
  13. 1.2.13Learn about sectoral and thematic indices
1.3

Primary vs Secondary Market & IPOs

11 topics
  1. 1.3.1Differentiate primary and secondary markets
  2. 1.3.2Understand the IPO process end to end
  3. 1.3.3Learn about book building vs fixed price IPOs
  4. 1.3.4Understand the role of underwriters - merchant bankers
  5. 1.3.5Read a red herring prospectus (DRHP)
  6. 1.3.6Understand IPO price band, lot size, cut-off price
  7. 1.3.7Learn about IPO allotment and listing gains
  8. 1.3.8Understand FPO (Follow-on Public Offer)
  9. 1.3.9Learn about OFS (Offer for Sale)
  10. 1.3.10Understand QIP and private placements
  11. 1.3.11Learn about anchor investors and grey market premium
1.4

Market Participants

10 topics
  1. 1.4.1Identify retail investors vs institutions
  2. 1.4.2Understand FIIs and DIIs and their impact
  3. 1.4.3Learn roles of mutual funds and pension funds
  4. 1.4.4Understand hedge funds and prop trading firms
  5. 1.4.5Learn about market makers and their function
  6. 1.4.6Understand brokers and sub-brokers
  7. 1.4.7Learn about depositories (NSDL, CDSL)
  8. 1.4.8Understand clearing corporations and settlement
  9. 1.4.9Learn role of SEBI as regulator
  10. 1.4.10Understand stock exchange listing requirements
1.5

Brokerage, Demat & Account Setup

10 topics
  1. 1.5.1Understand demat account vs trading account
  2. 1.5.2Learn the account opening (KYC) process
  3. 1.5.3Understand T+1 settlement cycle in India
  4. 1.5.4Learn about full-service vs discount brokers
  5. 1.5.5Understand brokerage charges and pricing models
  6. 1.5.6Learn about DP charges, AMC, and statutory fees
  7. 1.5.7Understand power of attorney - DDPI
  8. 1.5.8Learn about linking bank account and UPI mandates
  9. 1.5.9Understand contract notes and ledger statements
  10. 1.5.10Learn how to read a holdings - portfolio statement
1.6

Order Types & Mechanics

12 topics
  1. 1.6.1Understand market orders vs limit orders
  2. 1.6.2Learn stop-loss and stop-limit orders
  3. 1.6.3Understand GTT (Good Till Triggered) orders
  4. 1.6.4Learn about IOC, FOK, and day orders
  5. 1.6.5Understand bracket and cover orders
  6. 1.6.6Learn about AMO (after-market orders)
  7. 1.6.7Understand intraday vs delivery (CNC vs MIS)
  8. 1.6.8Learn how the order book - matching engine works
  9. 1.6.9Understand circuit limits and price bands
  10. 1.6.10Learn about pre-open session and call auctions
  11. 1.6.11Understand slippage and partial fills
  12. 1.6.12Learn how to read Level-1 quote data

Phase 2 — Instruments & Fundamental Analysis

Beginner–Intermediate • 8–10 weeks7 chapters
2.1

Equity & Fixed Income

10 topics
  1. 2.1.1Deepen understanding of equity as an asset class
  2. 2.1.2Understand bonds - coupon, maturity, face value
  3. 2.1.3Learn about government vs corporate bonds
  4. 2.1.4Understand yield and yield-to-maturity (YTM)
  5. 2.1.5Learn the inverse price-yield relationship
  6. 2.1.6Understand credit ratings and default risk
  7. 2.1.7Learn about the yield curve and its shapes
  8. 2.1.8Understand duration and interest rate sensitivity
  9. 2.1.9Learn about debentures and convertible bonds
  10. 2.1.10Understand zero-coupon bonds
2.2

Funds, ETFs & Pooled Vehicles

11 topics
  1. 2.2.1Understand mutual funds and NAV
  2. 2.2.2Differentiate active vs passive funds
  3. 2.2.3Learn about index funds and ETFs
  4. 2.2.4Understand expense ratios and tracking error
  5. 2.2.5Learn about SIP vs lumpsum investing
  6. 2.2.6Understand equity, debt, and hybrid funds
  7. 2.2.7Learn about ELSS and tax-saving funds
  8. 2.2.8Understand exit loads and direct vs regular plans
  9. 2.2.9Learn about gold ETFs and international funds
  10. 2.2.10Understand REITs and InvITs
  11. 2.2.11Learn about fund of funds and closed-end funds
2.3

Commodities, Forex & Crypto

12 topics
  1. 2.3.1Understand commodity markets (gold, silver, crude, agri)
  2. 2.3.2Learn about MCX and commodity exchanges
  3. 2.3.3Understand spot vs futures pricing in commodities
  4. 2.3.4Learn forex basics - currency pairs and quotes
  5. 2.3.5Understand base vs quote currency and pips
  6. 2.3.6Learn about major, minor, and exotic pairs
  7. 2.3.7Understand USD - INR and currency derivatives
  8. 2.3.8Learn cryptocurrency fundamentals (blockchain basics)
  9. 2.3.9Understand Bitcoin, Ethereum, and altcoins
  10. 2.3.10Learn about crypto exchanges and wallets
  11. 2.3.11Understand stablecoins and DeFi basics
  12. 2.3.12Learn about crypto volatility and risk
2.4

Financial Statements

13 topics
  1. 2.4.1Read and interpret the income statement
  2. 2.4.2Understand revenue, COGS, gross profit
  3. 2.4.3Learn operating income vs net income
  4. 2.4.4Read the balance sheet structure
  5. 2.4.5Understand assets, liabilities, and equity
  6. 2.4.6Learn about current vs non-current items
  7. 2.4.7Read the cash flow statement (3 sections)
  8. 2.4.8Understand operating, investing, financing flows
  9. 2.4.9Learn the difference between profit and cash
  10. 2.4.10Understand working capital and its cycle
  11. 2.4.11Learn about depreciation and amortization
  12. 2.4.12Understand notes to accounts and footnotes
  13. 2.4.13Learn to spot accounting red flags
2.5

Financial Ratios

12 topics
  1. 2.5.1Calculate and interpret EPS
  2. 2.5.2Understand P - E ratio and its uses - limits
  3. 2.5.3Learn P - B, P - S, and EV - EBITDA
  4. 2.5.4Understand ROE, ROA, and ROCE
  5. 2.5.5Learn about net, operating, and gross margins
  6. 2.5.6Understand current ratio and quick ratio
  7. 2.5.7Learn debt-to-equity and interest coverage
  8. 2.5.8Understand inventory and receivables turnover
  9. 2.5.9Learn about dividend payout and yield
  10. 2.5.10Understand PEG ratio
  11. 2.5.11Learn DuPont analysis decomposition
  12. 2.5.12Understand free cash flow and FCF yield
2.6

Valuation Methods

10 topics
  1. 2.6.1Understand intrinsic value vs market price
  2. 2.6.2Learn discounted cash flow (DCF) modeling
  3. 2.6.3Understand WACC and discount rate calculation
  4. 2.6.4Learn about terminal value and growth assumptions
  5. 2.6.5Understand relative - comparable valuation
  6. 2.6.6Learn dividend discount model (DDM)
  7. 2.6.7Understand sum-of-the-parts valuation
  8. 2.6.8Learn sensitivity and scenario analysis
  9. 2.6.9Understand margin of safety concept
  10. 2.6.10Learn about reverse DCF
2.7

Economic Moats & Macro

11 topics
  1. 2.7.1Understand competitive advantage - economic moats
  2. 2.7.2Learn moat types (network, cost, brand, switching)
  3. 2.7.3Understand management quality assessment
  4. 2.7.4Learn industry and sector analysis
  5. 2.7.5Understand Porter's Five Forces
  6. 2.7.6Learn about GDP, inflation, and CPI - WPI
  7. 2.7.7Understand interest rates and central bank policy
  8. 2.7.8Learn RBI monetary policy and repo rate
  9. 2.7.9Understand how rates affect equities and bonds
  10. 2.7.10Learn about currency, trade, and fiscal deficit
  11. 2.7.11Understand business cycles and sector rotation

Phase 3 — Technical Analysis

Intermediate • 8–10 weeks6 chapters
3.1

Charts, Trends & Dow Theory

10 topics
  1. 3.1.1Understand line, bar, and candlestick charts
  2. 3.1.2Learn how to read OHLC data
  3. 3.1.3Understand timeframes and multi-timeframe analysis
  4. 3.1.4Learn Dow Theory tenets
  5. 3.1.5Understand primary, secondary, and minor trends
  6. 3.1.6Learn to identify uptrends, downtrends, ranges
  7. 3.1.7Understand higher highs - higher lows logic
  8. 3.1.8Learn trendlines and channels
  9. 3.1.9Understand the role of volume confirmation
  10. 3.1.10Learn about log vs linear price scales
3.2

Candlestick Patterns

13 topics
  1. 3.2.1Understand candlestick anatomy (body, wicks)
  2. 3.2.2Learn doji and its variants
  3. 3.2.3Understand hammer and hanging man
  4. 3.2.4Learn inverted hammer and shooting star
  5. 3.2.5Understand bullish and bearish engulfing
  6. 3.2.6Learn piercing line and dark cloud cover
  7. 3.2.7Understand morning star and evening star
  8. 3.2.8Learn three white soldiers - three black crows
  9. 3.2.9Understand harami and harami cross
  10. 3.2.10Learn spinning tops and marubozu
  11. 3.2.11Understand tweezer tops and bottoms
  12. 3.2.12Learn rising and falling three methods
  13. 3.2.13Practice combining patterns with context
3.3

Support, Resistance & Price Action

10 topics
  1. 3.3.1Understand support and resistance concepts
  2. 3.3.2Learn to draw horizontal S - R levels
  3. 3.3.3Understand role reversal of S - R
  4. 3.3.4Learn about supply and demand zones
  5. 3.3.5Understand swing highs and swing lows
  6. 3.3.6Learn about breakouts and false breakouts
  7. 3.3.7Understand retests and confirmation
  8. 3.3.8Learn about psychological round numbers
  9. 3.3.9Understand pivot points and calculation
  10. 3.3.10Learn about price action without indicators
3.4

Indicators & Oscillators

14 topics
  1. 3.4.1Understand simple vs exponential moving averages
  2. 3.4.2Learn MA crossover signals (golden - death cross)
  3. 3.4.3Understand RSI and overbought - oversold
  4. 3.4.4Learn RSI divergence
  5. 3.4.5Understand MACD line, signal, histogram
  6. 3.4.6Learn MACD crossovers and divergence
  7. 3.4.7Understand Bollinger Bands and squeezes
  8. 3.4.8Learn the stochastic oscillator
  9. 3.4.9Understand ADX and trend strength
  10. 3.4.10Learn about VWAP and its uses
  11. 3.4.11Understand ATR for volatility measurement
  12. 3.4.12Learn about OBV and volume indicators
  13. 3.4.13Understand Ichimoku cloud basics
  14. 3.4.14Learn to avoid indicator overload
3.5

Chart Patterns

11 topics
  1. 3.5.1Understand head and shoulders (and inverse)
  2. 3.5.2Learn double top and double bottom
  3. 3.5.3Understand triple top and triple bottom
  4. 3.5.4Learn ascending, descending, symmetrical triangles
  5. 3.5.5Understand flags and pennants
  6. 3.5.6Learn rectangles and ranges
  7. 3.5.7Understand cup and handle
  8. 3.5.8Learn rising and falling wedges
  9. 3.5.9Understand rounding tops and bottoms
  10. 3.5.10Learn measured move targets from patterns
  11. 3.5.11Understand continuation vs reversal patterns
3.6

Volume, Fibonacci & Elliott Wave

11 topics
  1. 3.6.1Understand volume analysis fundamentals
  2. 3.6.2Learn volume spread analysis basics
  3. 3.6.3Understand accumulation and distribution
  4. 3.6.4Learn Fibonacci retracement levels
  5. 3.6.5Understand Fibonacci extensions and targets
  6. 3.6.6Learn to combine Fib with S - R
  7. 3.6.7Understand Elliott Wave theory basics
  8. 3.6.8Learn impulse and corrective wave structure
  9. 3.6.9Understand the 5-3 wave count
  10. 3.6.10Learn wave rules and guidelines
  11. 3.6.11Understand limitations of Elliott Wave

Phase 4 — Trading: What, How & When

Intermediate–Advanced • 10–12 weeks8 chapters
4.1

Trading vs Investing & Styles

10 topics
  1. 4.1.1Differentiate trading from investing mindset
  2. 4.1.2Understand scalping characteristics and demands
  3. 4.1.3Learn intraday - day trading approach
  4. 4.1.4Understand swing trading timeframe
  5. 4.1.5Learn positional - trend trading
  6. 4.1.6Understand momentum trading
  7. 4.1.7Learn mean-reversion trading
  8. 4.1.8Understand which style fits your personality
  9. 4.1.9Learn capital and time requirements per style
  10. 4.1.10Understand realistic return expectations
4.2

What to Trade

10 topics
  1. 4.2.1Choose between stocks, indices, and derivatives
  2. 4.2.2Understand trading liquid vs illiquid stocks
  3. 4.2.3Learn index trading (Nifty, Bank Nifty)
  4. 4.2.4Understand F&O instruments for trading
  5. 4.2.5Learn commodity trading basics
  6. 4.2.6Understand currency pair trading
  7. 4.2.7Learn how to build a watchlist
  8. 4.2.8Understand stock screening for trades
  9. 4.2.9Learn about sector leaders and relative strength
  10. 4.2.10Understand correlation between instruments
4.3

How to Trade — Execution & Platforms

11 topics
  1. 4.3.1Master order execution mechanics
  2. 4.3.2Learn to use trading platforms efficiently
  3. 4.3.3Understand hotkeys and fast order entry
  4. 4.3.4Learn charting platform setup
  5. 4.3.5Understand position sizing formulas
  6. 4.3.6Learn leverage and margin mechanics
  7. 4.3.7Understand margin calls and square-off
  8. 4.3.8Learn about intraday leverage rules (SEBI peak margin)
  9. 4.3.9Understand spread and execution cost impact
  10. 4.3.10Learn to manage multiple positions
  11. 4.3.11Understand using alerts and notifications
4.4

When to Trade — Timing & Sessions

12 topics
  1. 4.4.1Understand market session phases
  2. 4.4.2Learn pre-market session behavior
  3. 4.4.3Understand the opening range and first 15-30 min
  4. 4.4.4Learn about midday lull and low liquidity
  5. 4.4.5Understand power hour - closing session
  6. 4.4.6Learn to read the economic calendar
  7. 4.4.7Understand news events and their impact
  8. 4.4.8Learn about earnings season trading
  9. 4.4.9Understand volatility windows (events, expiry)
  10. 4.4.10Learn weekly - monthly options expiry effects
  11. 4.4.11Understand times and days to avoid
  12. 4.4.12Learn about overnight and gap risk
4.5

Entry, Exit & Trade Management

12 topics
  1. 4.5.1Define a trading setup with clear rules
  2. 4.5.2Learn entry signals and confirmation
  3. 4.5.3Understand stop-loss placement methods
  4. 4.5.4Learn fixed, ATR-based, and structure stops
  5. 4.5.5Understand target setting and profit booking
  6. 4.5.6Learn trailing stop techniques
  7. 4.5.7Understand risk-reward ratio (minimum 1 - 2)
  8. 4.5.8Learn R-multiples and expectancy
  9. 4.5.9Understand scaling in and scaling out
  10. 4.5.10Learn to manage a winning trade
  11. 4.5.11Understand cutting losers quickly
  12. 4.5.12Learn break-even stop management
4.6

Trading Strategies

14 topics
  1. 4.6.1Master breakout trading strategy
  2. 4.6.2Learn pullback - retracement entries
  3. 4.6.3Understand trend-following systems
  4. 4.6.4Learn reversal trading setups
  5. 4.6.5Understand gap trading (gap up - down - fill)
  6. 4.6.6Learn range trading techniques
  7. 4.6.7Master Opening Range Breakout (ORB)
  8. 4.6.8Learn moving-average crossover systems
  9. 4.6.9Understand RSI-based trading systems
  10. 4.6.10Learn MACD-based systems
  11. 4.6.11Master pure price action trading
  12. 4.6.12Understand supply-demand zone trading
  13. 4.6.13Learn scalping setups and execution
  14. 4.6.14Understand VWAP-based intraday strategies
4.7

Risk & Money Management

10 topics
  1. 4.7.1Define risk per trade (1-2% rule)
  2. 4.7.2Calculate position size from stop distance
  3. 4.7.3Understand maximum drawdown limits
  4. 4.7.4Learn daily loss limits and circuit breakers
  5. 4.7.5Understand the Kelly Criterion
  6. 4.7.6Learn total portfolio exposure limits
  7. 4.7.7Understand correlation risk across positions
  8. 4.7.8Learn hedging basics for protection
  9. 4.7.9Understand risk of ruin concept
  10. 4.7.10Learn to size up and down with performance
4.8

Trading Psychology

12 topics
  1. 4.8.1Understand discipline and consistency
  2. 4.8.2Learn to manage fear and greed
  3. 4.8.3Understand and avoid FOMO
  4. 4.8.4Learn to prevent revenge trading
  5. 4.8.5Understand tilt and emotional control
  6. 4.8.6Build a written trading plan
  7. 4.8.7Learn to keep a detailed trade journal
  8. 4.8.8Understand backtesting strategies properly
  9. 4.8.9Learn to use paper - demo trading
  10. 4.8.10Understand process over outcome focus
  11. 4.8.11Learn to handle losing streaks
  12. 4.8.12Develop pre-market routine and review habits

Phase 5 — Derivatives & Portfolio Management

Advanced • 8–10 weeks6 chapters
5.1

Futures

10 topics
  1. 5.1.1Understand futures contract fundamentals
  2. 5.1.2Learn contract specs, lot size, expiry
  3. 5.1.3Understand margin (SPAN + exposure)
  4. 5.1.4Learn mark-to-market settlement
  5. 5.1.5Understand contango and backwardation
  6. 5.1.6Learn about basis and cost of carry
  7. 5.1.7Understand rollover and rollover cost
  8. 5.1.8Learn hedging with futures
  9. 5.1.9Understand speculation with futures
  10. 5.1.10Learn index vs stock futures
5.2

Options Basics

10 topics
  1. 5.2.1Understand calls and puts
  2. 5.2.2Learn strike price, premium, expiry
  3. 5.2.3Understand ITM, ATM, OTM
  4. 5.2.4Learn intrinsic vs time value
  5. 5.2.5Understand option buyer vs seller payoffs
  6. 5.2.6Learn about option chain reading
  7. 5.2.7Understand open interest and PCR
  8. 5.2.8Learn assignment and exercise
  9. 5.2.9Understand European vs American style
  10. 5.2.10Learn moneyness and breakeven points
5.3

The Greeks

10 topics
  1. 5.3.1Understand Delta and directional exposure
  2. 5.3.2Learn Gamma and delta sensitivity
  3. 5.3.3Understand Theta and time decay
  4. 5.3.4Learn Vega and volatility sensitivity
  5. 5.3.5Understand Rho and interest rate impact
  6. 5.3.6Learn implied vs historical volatility
  7. 5.3.7Understand volatility skew and smile
  8. 5.3.8Learn the IV crush around events
  9. 5.3.9Understand Black-Scholes intuition
  10. 5.3.10Learn to manage a position's Greeks
5.4

Options Strategies

13 topics
  1. 5.4.1Master covered call
  2. 5.4.2Learn protective put
  3. 5.4.3Understand bull call spread
  4. 5.4.4Learn bear put spread
  5. 5.4.5Understand bull put and bear call spreads
  6. 5.4.6Learn long straddle and strangle
  7. 5.4.7Understand short straddle and strangle
  8. 5.4.8Learn iron condor
  9. 5.4.9Understand iron butterfly
  10. 5.4.10Learn calendar and diagonal spreads
  11. 5.4.11Understand ratio spreads
  12. 5.4.12Learn collar strategy
  13. 5.4.13Understand strategy selection by view & IV
5.5

Portfolio Theory

10 topics
  1. 5.5.1Understand diversification benefits
  2. 5.5.2Learn correlation and covariance
  3. 5.5.3Understand Markowitz mean-variance optimization
  4. 5.5.4Learn about the efficient frontier
  5. 5.5.5Understand CAPM and beta
  6. 5.5.6Learn the security market line
  7. 5.5.7Understand systematic vs unsystematic risk
  8. 5.5.8Learn the Sharpe ratio
  9. 5.5.9Understand Sortino and Treynor ratios
  10. 5.5.10Learn alpha and benchmark comparison
5.6

Asset Allocation & Rebalancing

10 topics
  1. 5.6.1Understand strategic asset allocation
  2. 5.6.2Learn tactical asset allocation
  3. 5.6.3Understand age - risk-based allocation models
  4. 5.6.4Learn about rebalancing strategies
  5. 5.6.5Understand calendar vs threshold rebalancing
  6. 5.6.6Learn about core-satellite portfolios
  7. 5.6.7Understand goal-based investing
  8. 5.6.8Learn dollar - rupee cost averaging
  9. 5.6.9Understand tax-efficient allocation
  10. 5.6.10Learn portfolio drift and management

Phase 6 — Quant, Microstructure & Indian Specifics

Cutting-edge / Advanced • 10–12 weeks7 chapters
6.1

Algorithmic & Quant Trading

11 topics
  1. 6.1.1Understand algorithmic trading fundamentals
  2. 6.1.2Learn the components of a trading system
  3. 6.1.3Understand strategy idea generation
  4. 6.1.4Learn about signal generation and rules
  5. 6.1.5Understand statistical arbitrage basics
  6. 6.1.6Learn pairs trading and cointegration
  7. 6.1.7Understand mean-reversion quant models
  8. 6.1.8Learn momentum quant strategies
  9. 6.1.9Understand machine learning in trading (caution)
  10. 6.1.10Learn about overfitting and curve fitting
  11. 6.1.11Understand walk-forward analysis
6.2

Backtesting Frameworks

11 topics
  1. 6.2.1Understand backtesting methodology
  2. 6.2.2Learn about clean historical data sourcing
  3. 6.2.3Understand survivorship bias
  4. 6.2.4Learn look-ahead bias avoidance
  5. 6.2.5Understand transaction cost modeling
  6. 6.2.6Learn about slippage assumptions
  7. 6.2.7Understand in-sample vs out-of-sample testing
  8. 6.2.8Learn Python tools (pandas, backtrader, zipline)
  9. 6.2.9Understand performance metrics (CAGR, max DD)
  10. 6.2.10Learn Monte Carlo simulation of returns
  11. 6.2.11Understand paper trading before going live
6.3

Market Microstructure

10 topics
  1. 6.3.1Understand order book dynamics
  2. 6.3.2Learn about limit order book depth
  3. 6.3.3Understand price impact and market depth
  4. 6.3.4Learn about adverse selection
  5. 6.3.5Understand bid-ask spread components
  6. 6.3.6Learn about tick size and lot size effects
  7. 6.3.7Understand auction mechanisms
  8. 6.3.8Learn about latency and co-location
  9. 6.3.9Understand dark pools and hidden liquidity
  10. 6.3.10Learn about iceberg orders
6.4

Order Flow & Tape Reading

10 topics
  1. 6.4.1Understand Level-2 - market depth data
  2. 6.4.2Learn to read the order book
  3. 6.4.3Understand time and sales (tape reading)
  4. 6.4.4Learn about footprint and volume profile charts
  5. 6.4.5Understand absorption and exhaustion
  6. 6.4.6Learn about delta and cumulative delta
  7. 6.4.7Understand spoofing and layering (illegal patterns)
  8. 6.4.8Learn to identify large institutional orders
  9. 6.4.9Understand POC (point of control)
  10. 6.4.10Learn value area high - low concepts
6.5

HFT & Advanced Concepts

8 topics
  1. 6.5.1Understand high-frequency trading basics
  2. 6.5.2Learn about market making at scale
  3. 6.5.3Understand latency arbitrage
  4. 6.5.4Learn about colocation and direct market access
  5. 6.5.5Understand smart order routing
  6. 6.5.6Learn about regulatory views on HFT
  7. 6.5.7Understand flash crashes and circuit breakers
  8. 6.5.8Learn about execution algorithms (TWAP, VWAP, POV)
6.6

Factor & Behavioral Finance

10 topics
  1. 6.6.1Understand factor investing fundamentals
  2. 6.6.2Learn value, momentum, quality factors
  3. 6.6.3Understand size and low-volatility factors
  4. 6.6.4Learn Fama-French three - five factor models
  5. 6.6.5Understand smart beta strategies
  6. 6.6.6Learn about behavioral finance biases
  7. 6.6.7Understand anchoring and confirmation bias
  8. 6.6.8Learn loss aversion and disposition effect
  9. 6.6.9Understand herding and recency bias
  10. 6.6.10Learn about market efficiency (EMH) debate
6.7

Indian Market Specifics

14 topics
  1. 6.7.1Understand NSE and BSE market structure
  2. 6.7.2Learn SEBI regulations and investor protection
  3. 6.7.3Understand F&O lot sizes and contract specs
  4. 6.7.4Learn intraday and peak margin rules
  5. 6.7.5Understand STT (Securities Transaction Tax)
  6. 6.7.6Learn about stamp duty, GST, exchange charges
  7. 6.7.7Understand short-term vs long-term capital gains tax
  8. 6.7.8Learn taxation of intraday and F&O (business income)
  9. 6.7.9Understand turnover calculation and tax audit
  10. 6.7.10Learn about LTCG exemption and grandfathering
  11. 6.7.11Understand dividend taxation rules
  12. 6.7.12Learn about ASM - GSM surveillance lists
  13. 6.7.13Understand circuit filters and ban periods in F&O
  14. 6.7.14Learn about weekly expiry products in India