Technical Analyst

Quona Capital; Mumbai; On-site; INR 700,000 - 1,200,000; Full time

Job summary

Quona Capital is seeking a Technical Analyst to join their Research Department in Mumbai, India. The role involves analyzing and recommending investment strategies based on technical analysis of various asset classes. The ideal candidate will have over 3 years of experience in technical analysis, along with proficiency in Excel and technical analysis software. This position offers the opportunity to contribute to the development of a high-quality analytics desk focused on delivering exceptional market insights and investment recommendations.

Qualifications

• 3+ years of experience in technical analysis, preferably with a stockbroking firm.
• Hands-on experience in Excel.
• Proficiency in using technical analysis software.

Responsibilities

• Analyse and track equities, indices, bonds, commodities, and currencies.
• Create detailed research reports and develop trading strategies.
• Recommend long-term investment ideas and short-term trade picks.
• Involve in client acquisition and present reports on market strategy.

Skills

Technical analysis

Excel proficiency

Market trend identification

Chart patterns expertise

Tools

Technical analysis software

Job description

About us:

Fisdom is an award-winning, Robo-advisory firm operating in the wealth management space. We currently offer investors a 360-degree wealth management platform for mutual funds, HNI products, broking, and insurance. Fisdom blends cutting-edge technology with conventional wealth management wisdom to make superior advisory accessible to all. Our focus is to help everyone maximize their wealth. For more info, visit www.fisdom.com. We are growing and are constantly looking for high performers to participate in our growth story.

We partner with banks (as digital partners) and own the wealth management business of the bank. The current partnership includes Indian Bank, UCO Bank, Karnataka Bank, City Union Bank, PNB, Bank of Maharashtra, Tamilnad Mercantile Bank, IPPB, and a few small finance banks, cooperative banks, and digital partnerships. We strive to become the largest digital wealth management company by keeping the customer experience at the core. We have recently been certified as a great place to work for the last two consecutive years.

Job Brief:

Fisdom’s Research Department is seeking a bright technical analyst with personality traits aligned with a quality-focused and result-oriented culture. The technical analyst is expected to represent the department across internal and external forums requiring opinions on a variety of subjects related to Indian equities and associated derivative strategies. The technical analyst will have the right to express conviction around the subject matter but will be duty-bound to ensure that the highest degree of analytical rigour is implemented. The analyst is expected to be passionate about the subject along with a vision to develop the technical analytics desk as a performance and thought leader in the segment through strong performance delivery, tight adherence to processes and development of high-quality research collateral.

Job Description:

• Analyse and closely track equities, indices, bonds, commodities, and currencies using technical tools.
• Generate medium/long-term trading recommendations and develop trading strategies based on technical calls.
• Create detailed research reports with market outlook and recommendations.
• Prepare detailed research reports on the technical outlook of various asset classes.
• Recommend long-term investment ideas and short-term trade picks for internal stakeholders.
• Involve in client acquisition and presentation of reports on market strategy and investment recommendations.
• Develop a strong team of technical analysts through the effective use of technology, people, and processes.
• Maintain research registry along with logs of recommendations developed.
• Continuously monitor recommendation strike rate with an objective to achieve industry-leading rates.
• Develop written SOPs and process manuals to ensure the scalability of the function.

Requisites:

• 3+ years of experience in technical analysis. Experience with an established stockbroking firm is preferred.
• Hands‑on experience in Excel.
• Proficiency in using technical analysis software.
• Expertise in various chart patterns and technical market indicators in all segments of the market and various indices.
• Ability to identify the market trend through technical analysis.