Report in The Hindu Business Line

The Association of Technical Markets Analysts (ATMA) formally launched operations in India on Wednesday. This not-for-profit organisation endeavours to be the apex body regulating technical analysis in India.

ATMA plans to enable professionals, students and the public at large train in theory and apply in practice technical analysis for informed investment and trading decisions across every asset class.

Speaking at the inaugural function in BSE's convention hall, Mr Sushil Kedia, President, ATMA, said, “We are happy to have reached a point at our inauguration, announce that the body of knowledge called technical analysis would now be available to every Indian professional irrespective of how close or far they are in several formats.” ATMA has plans to open regional chapters in other metros soon. ATMA members would immediately be able to access a physical library, an e-library and online charting facilities.

“If we do not become the largest association of its kind within the next five years especially with 25 per cent of the world's population under the age of 25 living in India, we would have missed a goal,” said Mr K. Anant Rao, Director, Business Development, ATMA.