Ashwani Gujral’s Journey: How He Mastered Technical Analysis and Became a Trading Legend
Introduction
Ashwani Gujral was one of India’s most successful stock traders and technical analysts. He was known for his expertise in intraday trading, derivatives, and chart-based trading strategies. Over the years, he became a leading stock market expert, appearing on TV channels like CNBC-TV18 and ET Now, where thousands followed his advice.
His books, including “How to Make Money in Intraday Trading” and “How to Make Money Trading Derivatives”, remain among the best resources for traders today.
In this article, we will explore his journey, strategies, challenges, and how he became a trading legend.
Early Life and Education
Ashwani Gujral was born on September 4, 1971, in Delhi, India. From a young age, he had a strong interest in numbers, which led him to pursue an education in engineering and finance.
He completed his B.Tech in Electronics & Communication from the Manipal Institute of Technology in 1993. Later, he pursued an MBA in Finance from Georgetown University, USA, which laid the foundation for his deep understanding of financial markets.
Education Background
| Degree | Institution | Year |
|---|---|---|
| B.Tech (Electronics & Communication) | Manipal Institute of Technology | 1993 |
| MBA (Finance) | Georgetown University, USA | 1995 |
His technical background in engineering and financial knowledge from MBA studies helped him develop a structured approach to trading.
Entry into the Stock Market
After completing his MBA, Ashwani Gujral returned to India and entered the stock market in the mid-1990s. He was initially drawn to fundamental analysis but later shifted his focus to technical analysis, which he believed provided more precise entry and exit signals for trading.
At first, he faced losses and financial setbacks but gradually developed a trading system based on technical indicators. By the late 1990s, he had built a reputation as a skilled intraday trader.
Trading Strategies Used by Ashwani Gujral
Ashwani Gujral became famous for his technical trading methods, which were designed to capture quick profits in volatile markets.
Key Trading Strategies
| Strategy Name | Description |
|---|---|
| Intraday Trading | Buying and selling stocks within the same day for quick gains. |
| Swing Trading | Holding stocks for a few days to weeks to capitalize on price swings. |
| Last-Hour Trading | Entering trades in the last hour of the market and exiting in the first hour of the next day. |
| Derivatives Trading | Using Futures & Options for hedging and leveraging profits. |
| Chart-Based Trading | Making decisions based on technical indicators like Moving Averages, RSI, MACD, and Bollinger Bands. |
Technical Indicators Used by Ashwani Gujral
Ashwani Gujral’s trading was heavily based on chart analysis. He relied on various technical indicators to make trading decisions.
Commonly Used Indicators
- Moving Averages (50-day, 200-day) – Helped him identify trends.
- Relative Strength Index (RSI) – Used to determine whether a stock was overbought or oversold.
- MACD (Moving Average Convergence Divergence) – Helped in identifying momentum changes.
- Bollinger Bands – Used to gauge market volatility.
- Volume Analysis – Helped in confirming trend strength.
Books Written by Ashwani Gujral
Ashwani Gujral authored several bestselling books that provided practical trading knowledge.
List of Books and Their Focus Areas
| Book Title | Main Topic | Best For |
|---|---|---|
| How to Make Money in Intraday Trading | Strategies for intraday trading | Beginner & Intermediate Traders |
| How to Make Money Trading Derivatives | Futures & Options strategies | Advanced Traders |
| How to Make Money Trading with Charts | Chart-based trading strategies | Technical Analysts |
These books remain among the most recommended for traders who want to master stock market techniques.
Challenges and Setbacks in Trading
Despite his success, Ashwani Gujral faced multiple challenges and setbacks throughout his career.
Major Challenges Faced by Ashwani Gujral
- 1997-1998: Lost a significant part of his savings in stock market trading.
- 2008 Global Financial Crisis: Faced heavy losses due to extreme market fluctuations.
- 2011 SEBI Inquiry: Faced regulatory issues for providing portfolio management services without SEBI registration.
- Market Crashes: Suffered temporary losses during market corrections but always adapted and recovered.
His ability to learn from failures and adapt his trading strategies made him a successful trader in the long run.
Ashwani Gujral’s Presence in the Media
Ashwani Gujral became a household name in the Indian stock market community through his regular TV appearances.
TV Channels Where He Was a Regular Market Expert
His views were followed by thousands of traders, and his market predictions often influenced short-term stock movements.
Ashwani Gujral’s Death and Legacy
Date of Death: February 27, 2023
Cause: Reportedly due to health issues
His passing was a huge loss for the Indian stock market community, but his books, strategies, and teachings continue to guide traders.
Why His Methods Are Still Relevant Today?
- Simple and Effective – His trading methods are easy to understand.
- Risk Management Focused – He emphasized stop-loss strategies.
- Works in All Market Conditions – His strategies apply to bull and bear markets.
- Books and Teachings – His knowledge continues to be shared through his books.
Conclusion
Ashwani Gujral was one of India’s top stock traders who proved that technical analysis and discipline can lead to consistent profits in the market.
His trading journey—from losses to success—remains an inspiration for traders.
If you want to master trading like Ashwani Gujral:
- Read his books
- Learn technical analysis
- Practice disciplined trading
His legacy lives on through his strategies, books, and the thousands of traders he inspired.
Frequently Asked Questions (FAQs)
Q1: What was Ashwani Gujral’s primary trading method?
He used technical analysis, focusing on intraday, swing, and derivatives trading.
Q2: Where can I buy Ashwani Gujral’s books?
His books are available on Amazon, Flipkart, and major bookstores.
Q3: Did Ashwani Gujral face failures in trading?
Yes! He suffered major losses early in his career but learned from them and developed successful trading strategies.
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