Board of Trustees
Name : Sushil Kedia, President
Sushil Kedia, 1969, has been traversing the Indian Equity markets for close to last two decades with a career that has spanned varied roles as a successful analyst, trader, broker, strategist, and investment manager. Sushil is serving on the Board of Directors of the Market Technicians Association, Inc. for the term 1 July 2011 to 30 June 2014. He is the first Asian ever to be elected to this position. He has worked in the past for companies such as ING Barings, Standard Chartered Bank, and Devonshire Capital as well as with a few of the best Indian financial services names.
He is a qualified Chartered Market Technician as well as a Chartered Alternative Investment Analyst. He brings to the table a unique faculty at blending fundamental value assessments with Technical & Quantitative Market timing frameworks.
He is a Post Graduate in Business Management from the XLRI Jamshedpur School of Business. He has continued to pursue varied learning programs and recently earned the FRM certification from GARP. He is also pursuing a Masters in Financial Engineering from The National University of Singapore.
He is one of the earliest Alternative Investment professionals in the Indian markets and has done significant work in the arenas of market timing, derivatives strategy, quantitative trading, and investing in the Indian context.
His focus is India and his keen interest is in every other liquid and tradable market on the globe from across commodities, currencies, and equity indices.
He has been a regular columnist, market commentator in the various media, regular speaker at various industry conferences in India and overseas, and a highly networked professional who brings multi-faceted holistic perspectives on Indian markets with global inter-market analytics across time spans ranging from intraday to multi-year time fractals.
His hobbies include playing chess, swimming, studying crowds, cookery, writing and reading.
Name : Gnanshekhar Thiagarajan, Sr. Vice President
Gnanasekar Thiagarajan currently heads Commtrendz Research, an organization which specializes in commodity research and advisory to market participants in India and overseas. Commtrendz works with corporates and institutions both in India and overseas providing hedging and trading solutions in the volatile commodity and forex markets.
Further to his formal schooling education at IIT Madras, and post graduation in software engineering, he had a long stint (7 years) with DowJones Telerate, one of the leading real-time financial information vendors and promoters of "The Wall Street Journal". He gathered more experience in the banking, financial services and the commodity markets, interacting and providing various real-time solutions to market participants in India and Asia. He had the opportunity of closely working with some of the legends in Technical Analysis history in the U.S, namely Mr. Tim Slater, of “The Computrac” fame, Mr. Mark Douglas famous for his “Disciplined trader” and “Trading in Chaos” books and Mr. Jim Wykcoff for Symmetry wave theory and many more analysts who have traded in Wall Street.
His interest in using technical analysis for trading increased, and then he joined Scotiabank, one of the leading Canadian banks, considered to be a leader in the global bullion markets, to trade in the volatile inter-bank currency and bullion desk. He was a market maker in the G7 currencies, quoting prices constantly. In the meanwhile, his interest for the commodity markets started growing after his columns in The Hindu Business Line won accolades in the international markets. He has accurately forecasted the Malaysian Palm oil futures and had an extremely high success rate in predicting future prices. He also contributes two more columns in The Hindu Business Line on NY Cotton Futures and Comex Gold futures.
With the advent of the commodity exchanges in India, there was a new avenue, which opened up for commodity trading in India. With the experience he acquired in trading at Scotiabank, he joined The Multi Commodity Exchange of India Ltd (MCX) as a Consultant, sharing his thoughts and views on the various commodities to their members. He is regularly invited by various television channels including CNBC, print media like Economic Times and The Business Standard and Newswires like Reuters, Bloomberg, Newswire 18 and Tickerplant Newswire to opine on the commodity markets.
Name : Mitesh Thacker, Secretary
Mitesh Thacker started his career in 1999. He has served in some of the biggest financial services firms in various capacities, from being a Technical Analyst to being Country Head of Trading & Research functions. In the year 2009, he took to entrepreneurship and started his own consultancy and trading venture.
Mitesh is a Post Graduate in Business Management from the T. A. Pai Management Institute, Manipal. He has since then been a keen student and follower of Equity Markets. He currently focuses on Equities as his primary trading arena and much of his work is focused towards areas of Breakout trading, Algorithmic trading, quantitative analysis, derivative strategies etc.
He has been a commentator on business television and is regularly invited to share his technical opinions on stocks and indices. He is a well networked professional who has been a speaker at various industry forums as well as he has conducted training programs on the subject in association with the Bombay Stock Exchange and other professional agencies.
Mitesh has been married for 10 years and has two children. His hobbies include playing chess and he is also a keen collector / trader of ancient coins and currency.
Name : Anuragh Ghuwalewala, Treasurer
Anurag is a rates trader with HSBC India since 2006. He trades various cash & derivative rate products using technical and fundamental analysis.
He is a Post Graduate in Business Management from IIM-Bangalore and was amongst the top ten students in his batch. Prior to this, he has done the Chartered Accountancy course from the Institute of Chartered Accountants, India and is a recipient of the U.K. Bhargava prize for Best Paper in Income Tax & Central Sales Tax.
He is undergoing the Chartered Market Technician certification process.
Anurag is an avid reader and a keen follower of financial markets.
Name :G. Chandrashekhar, Trustee
Mr. G. Chandrashekhar, Associate Editor of ‘The Hindu Business Line’ newspaper, is an economist with passion for agriculture, agribusiness and commodity markets (including energy and metals) as well as international trade and developmental issues. He is M.A. (Economics) and LL.M. (Constitution & Administrative Law), Bombay University.
Apart from writing for India’s most credible business daily and providing policy inputs for the government, he speaks regularly at various national and international forums on a range of topics including WTO, globalisation, logistics & infrastructure, natural resources, role of technology, climate change, India’s economic development and so on.
Mr. Chandrashekhar held, and in some cases continues to hold several public positions in chambers of commerce, trade associations, commodity exchanges and B-Schools. Currently, he is Chairman, Expert Committee on Agribusiness and Food Processing, Indian Merchants’ Chamber, Mumbai. Also, he is Hon. Advisor, All India Liquid Bulk Import Export Association and Hon. Advisor, India Pulses and Grains Association, to name just two. He is on the governing council of a few B-Schools in Mumbai and visiting faculty at BSE Training Institute and other educational institutions in Mumbai and elsewhere.
More recently, at the instance of the Government of India, Ministry of Consumer Affairs, Mr. Chandrashekhar has been spearheading a nationwide Stakeholder Awareness and Education Program on commodity markets.
He was part of a World Bank team of Consultants for the Government of India - World Bank project called National Agricultural Innovation Project that looked at Indian agriculture till 2030; Member of an Expert Group formed by Maharashtra Rajya Sahakari Sakhar Karkhana Sangh; and Independent Director (a Public nominee) representing the Government of India on the Board of Directors of recognized commodity exchanges.
With the revival of commodity futures trading, in 2003, for the first time in India, Mr. Chandrashekhar conceptualized, designed and conducted training programs for stockbrokers, bankers, trading houses and other stakeholders to enter commodity futures market for price risk management. It is now an ongoing program under auspices of BSE Training Institute.
In 1998 and 1999, he was coordinator of two international workshops sponsored by World Bank/UNCTAD and the Government of India on commodity futures trading, and wrote two reports for the government including one on structured financing and warehouse receipts system. He was the only non-scientist in the Government of India’s first official delegation of scientists that visited USA in 1998 to study advances in agricultural biotechnology.
Mr. Chandrashekhar is associated with cultural and social activities. He is President, Rasika Ranjani Sabha, Bombay, a charitable trust to promote art, culture and welfare activities. He is a stage artiste of over 30 years’ standing and a student of Indian classical music (Hindustani style).
Name :N. Ramakrishnan, Trustee
Mr. N.Ramakrishnan (or Ramki as the financial markets know him) has been practicing Elliott Wave analysis for three decades. He is one of the most widely followed wave analysts in the world. His technical commentary has a global following that includes leading money-center banks, Central Banks, fund managers and corporate treasurers. Ramki continues to provide advice on a variety of markets including fixed income, commodities, stocks and indices.
Ramki has written a book on Elliott Wave Analysis “Five Waves to
Financial Freedom” that has been receiving excellent reviews on Amazon, and is ranked among the best sellers. He is a regular contributing writer on Seeking Alpha, Wall Street Journal’s Market Watch and Forbes (which mentioned him as one of the three best Elliott Wave analysts). Ramki’s official website is at www.wavetimes.com and he also writes a blog.
Ramki is an eminently qualified international banker and treasurer. In addition to degrees in Economics and Management, he also holds the CAIIB qualification from the Indian Institute of Bankers. Additionally, he was the world-wide topper in the International Banking examinations conducted by the Chartered Institute of Bankers in London, getting special mentions in London Times, Economic Times, and other reputed financial journals. He is also the winner of the Lombard Association Prize for his paper on Finance of International Trade. Ramki has also acquired the prestigious ACT professional treasury management qualifications from the Association of Corporate Treasurers, London.
He is quoted on the Wall Street Journal, Financial Times and other media, including Bloomberg, Reuters and Telerate. Ramki’s thinking is regularly sought by leading hedge fund managers, traders, investment advisors, corporate treasurers and high net worth individuals from around the world.
Name :Uttam Bagri, Trustee
Mr. Uttam Bagri, aged 37 years, is the Managing Director of BCB Finance Limited and the BCB Group of companies. He is a Bachelor of Commerce from University of Mumbai and holds a Post Graduate Diploma in Management from the Indian Institute of Management (IIM), Ahmedabad.
He has over a decade of experience in the field of stock broking and allied financial services. He is currently the Secretary of the BSE Brokers Forum and a has been Trading Member Representative Director on the Board of BSE Limited.
Name : Meghana V Malkan, Editor
Meghana V Malkan is a committed Technical Analyst. She trades her proprietary account across asset classes - Equity, Commodity and Forex. She writes her own trading systems.
She is the co-founder of MALKANSVIEW - a Training Institute which offers various programs on Technical Analysis and Behavioural Finance. She trains & mentors professional traders as well as brokers working at various broking houses and Multi-National Companies. She advises HNI Investors on trading strategies.
Meghana is a Graduate in Law and has received the charter of a Company Secretary. She is a Chartered Market Technician.
She has, before entering financial markets, been a part of the legal department at the UB Group for four years.
She is also invited on business channels to share her technical opinions on Indian equity markets.
Name : Manoj Sharma, Trustee
Manoj Sharma is a Chartered Accountant. He is from 1992 batch and has been accorded Rank in CA Finals. He has two decades of experience in the field of Financial Markets across Merchant Banking, Institutional & Retail Broking, Asset Management & Research.
He has been associated with HB Group, Credit Capital Asset Management Co. Ltd.(Taurus Mutual Fund), Sharekhan Ltd., Fullerton Securities & Wealth Advisors Ltd. in the past .Currently he managing an advisory firm and providing consultancy services to HNI’s / Corporates.
He is equally passionate towards knowledge sharing and has been a speaker at seminars held by chapters of CA Institute & CS Institute. Currently he is also acting as a regular Visiting Faculty with ICICI Securities Ltd. and a number of business schools and has been teaching Financial Markets & Finance.
Name :Gunjan Duaa, Trustee
Gunjan Dua is an analyst and a proprietary trader managing funds for HNI clients using technical studies as the base of his work for the last 8 years; he develops his own trading systems combining Technical analysis, Quantitative analysis and Behavioral Finance techniques.
Gunjan is commerce Graduate from Punjab University Chandigarh and is a Chartered Market Technician and is preparing For CFA and FRM.
He writes for many websites and takes active interest in teaching people about Technical analysis and behavior of crowds at different market scenarios. In his spare time he likes to Watch movies, write fiction and spend time with his family.