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Technical Analyst - Research - Derivative

  • Job
    Full-time
    Mid & Senior Level
  • Research & Development
    Banking & Finance
  • Mumbai

AI generated summary

  • You need strong technical analysis skills in patterns, moving averages, and volume. Proficiency in derivatives, PCR, open interest, and awareness of market fundamentals is essential.
  • You will generate trading ideas, analyze markets, prepare reports, support clients, update teams, conduct calls, and ensure compliance for Commodity and Currency segments.

Requirements

  • The critical skill sets required for the role is to have sound knowledge of technical concepts, should be proficient in Technical Analysis w.r.t Technical Patterns, Candlestick Patterns, Moving Averages, Trend Determination, Price-Volume Analysis, Continuation Patterns & Oscillators. Must be proficient in Derivative Analysis w.r.t the understanding & implementation of concepts like PCR, Open Interest, and Option Pricing & VIX along with factoring in FII activity. Keeping self-updated on market fundamentals like economic data’s, central bank actions, government policies, economic events, etc.

Responsibilities

  • To generate trading/ investment ideas in Commodity and Currency segments.
  • Maintain constant communication with Branches/ Franchisees/ Business partners, etc. to educate/ update teams on the trading/investment ideas and investment recommendations.
  • Connecting with Teams of Business partners/ Franchisee/ Branches on client specific investment requirements.
  • Continuous study of the global market environment/ market news & reports/ Economic data’s, etc. and preparing daily reports covering fundamental and technical analysis factors.
  • To generate calls and investing ideas for Commodity and Currency Segment.
  • To generate trading calls/ideas with objective of client profitability and revenue generation while maintaining strike rate above 60%.
  • To focus on client’s liquid commodities lines - Crude oil/ Gold/ Silver/ Copper, etc.
  • To ensure that the participant gets a proper Entry and Exit in all the given Trading Ideas/ calls.
  • To recommends calls in Commodity options thus increasing the frequency of calls, if liquidity improves.
  • To generate daily trading ideas/calls in currency segment.
  • To prepare Research Reports and Market updates.
  • To prepare and ensure daily reports are released well before the market starts.
  • To ensure reports are to be sent with Daily market Fundamentals and Technical levels.
  • To keep updating daily Economic data's and their impact and also prepare mid-day session reports for the evening session.
  • To generate trading calls and prepare weekly Technical reports with positional calls for the teams internally.
  • To provide Customer support and handle/resolve queries.
  • To conduct daily Morning and Evening con-calls with internal teams and calls for the clients as and when required.
  • To regularly stay in touch with all teams through different online forums to provide market updates and query resolution.
  • To update and educate the Branch Teams’/ Franchisees’/ other teams’, etc. through Webinars/ Con-calls.
  • Exchange Compliance regarding IBT Submitting the IBT Trade/Volume confirmation in NSE and BSE.

FAQs

What is the primary purpose of the Technical Analyst - Research - Derivative role?

The primary purpose of this role is to generate, recommend, and provide actionable research on Commodity and Currency markets through trading and investment ideas while ensuring an optimum Risk-Reward Ratio.

What are the key responsibilities of a Technical Analyst in this position?

The key responsibilities include generating trading/investment ideas, maintaining communication with Branches and Franchisees, studying global market conditions, preparing reports, and providing customer support.

What markets does Aditya Birla Money Ltd. primarily deal with?

Aditya Birla Money Ltd. primarily deals in Equity, Commodity, and Currency markets.

What qualifications or skills are necessary for this role?

Candidates should have sound knowledge of technical concepts, proficiency in Technical Analysis, Derivative Analysis, and a strong understanding of market fundamentals.

How does the role support client profitability?

The role involves generating trading ideas with the objective of client profitability, ensuring a strike rate above 60% on trading calls, and providing proper Entry and Exit points in the trading ideas.

What challenges might a Technical Analyst face in this position?

Challenges include stiff competition from other broking houses, high market volatility due to global and domestic uncertainties, and the need to keep end-users updated on market developments.

How often are market updates and reports prepared?

Market updates and reports are prepared daily, including early morning reports to be released before the market starts and mid-day session reports.

Is there an expectation for customer support in this role?

Yes, the role includes conducting daily con-calls with internal teams and clients, staying in touch through various online forums, and providing market updates and query resolutions.

What types of commodities will the Technical Analyst focus on?

The Technical Analyst will focus on liquid commodities such as Crude oil, Gold, Silver, and Copper.

Are there any compliance responsibilities associated with this role?

Yes, the role includes exchange compliance responsibilities, specifically submitting the IBT Trade/Volume confirmation in NSE and BSE.

Enriching Lives. Winning as ONE.

Finance
Industry
10,001+
Employees
2007
Founded Year

Mission & Purpose

Aditya Birla Capital is a financial services company offering a wide range of solutions, including asset management, insurance, and lending services. Their mission is to empower individuals and businesses by providing comprehensive financial solutions that foster growth and security. With a strong emphasis on customer-centricity, Aditya Birla Capital aims to deliver innovative products and services tailored to meet diverse financial needs. Their purpose is to build lasting relationships with clients while contributing to the overall economic development of communities and the country.