Mithil Pradhan, Founder and Chief Mentor of Clover Edge Academy, is a financial market veteran specializing in Technical Analysis and Derivatives apart from Sector Investing & Market Neutral Investing. He has a rich experience of tracking the Indian and Global equities, Commodities and Currency markets for well over a decade.
Mithil is an expert in the field of Fibonacci analysis as well as Elliot Wave theory and has discovered many new patterns and trading methodologies over the past decade. He is also a proponent of the theory of Sector Investing and Market neutral Investing through the use of Technical Analysis.
He has successfully identified the bear market of equities in 2011, the bull market of USDINR during 2012-2013 and also the bottom of the equities bear market in India during Dec 2011 which was documented in his much acclaimed report Techno-Funda in Jan 2012 and reiterated in June 2013.
Mithil is a member of the prestigious Market Technicians Association (MTA), USA and has obtained his Chartered Market Technician (CMT) certification, 2011-2013, after clearing all three internationally competitive levels in the very first attempt. Incorporated in 1973, the Market Technicians Association is a global not-for-profit professional regulatory organization servicing over 4,500 market analysis professionals in over 85 countries around the globe. The CMT certification is considered to be the top most recognition for Technical Analysts globally. Many academicians believe a CMT/MTA certification is a sureshot passport to a lucrative career on Wall Street-the Mecca of financial markets.
Mithil is the Chief Strategist – Derivatives & Technicals at Violet Arc Global Managers Pvt Ltd and has repeatedly featured on many business new channels like CNBC and the like as well as in print media especially DNA Money. His views have been lauded by many in the industry, both peers and his clientele.
Mithil is also a faculty at the ICICI Direct Learning Centre and teaches Equity Analysis, Technical Analysis, Portfolio & Wealth Management for the Chartered Wealth Manager (CWM®) Certification course undertaken by The American Academy of Financial Management™ which is a US based board of standards, certifying body and accreditation council focused on the finance sector and management professionals.
I have the pleasure of working with Mithil who currently heads Derivatives & Technical research at Violet Arc Global Managers. In the past few years what surprised me and continues to surprise me, is his impeccable timing in identifying the peaks and troughs of that rare animal- the stock- markets. His analysis has always been radical and mostly contrarian. Yet his contra approach has rarely faltered. I never saw him chasing momentum or breakouts without looking at the big picture and it is this eye for detail that sets him apart from his contemporaries. He has not only discovered a whole lot of trading patterns but his analytical depth is something I am yet to see in many market experts who are nothing more than a part of the general "herd". Clover Edge Academy which has to its credit, Mithil's own individualistic stamp, has my best wishes, as I know the academy is being mentored by someone who has both the academic skill sets as also hands-on trading experience; a combination that is unique and should enrich the lives of learners who choose to be tutored here, in their quest for both knowledge and wealth creation.While his role at Violet Arc is his profession, Clover Edge is an extension of Mithil’s passion for teaching & learning.
I am neither Bullish nor Bearish. I am TRENDish. I go where the trend goes. Simple.— Mithil Pradhan (@MithilPradhan) August 13, 2015