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Simi Bhaumik is a quintessential technical analyst who would go by the price movement to buy or sell any financial security. She has been connected with the stock market for more than sixteen years. She has seen three major bull markets and an intervening bear market culminating in the bottom formed in the wake of Bin Laden's destroying the twin towers of World Trade Centre.

Simi uses Dow Theory principles to understand market movements. She also uses tools like Fibonacci and Gann studies. While she recognizes the validity of Elliott Wave principles but she herself personally does not employ the Elliott principles. In a similar vein, while being acutely aware of the fundamentals holding sway over the long term, she does not use fundamental data to arrive at her projections. She believes that the technicals anticipate the major fundamentals that come to be known at a later stage.



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The other thing she stresses is a strict application of risk control mechanisms starting with both application of stop loss mechanism, diversified portfolio of positions and entering a trade with only a favourable risk-reward ratio to start with.

She advises both individual and corporate clients. Falling short of handling clients' money herself and executing trades on their behalf, she does all other things starting with trade selection till advising on closing the trades. She also advises people looking for medium to long term investments.

Her technical prowess has now been well recognized; she has appeared a number of times during the week on several national business channels like NDTV Profit, Sahara Samay. Apart from these channels she had also appeared on CNBC-Awaaz, Headlines Today and CNN IBN.

Even she has appeared on regional channels named NE Bangla and Kolkata TV.
However, presently viewers can only listen to her comments exclusively on Zee business channel.

 

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