Technical Analysis

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  • Topic: Technical analysis, Stock market, Candlestick chart
  • Pages : 31 (8652 words )
  • Download(s) : 38
  • Published : January 24, 2013
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PROJECT REPORT
---------- ( Technical Analysis ) ----------

(Submitted in Partial Fulfillment of the Award of the Degree of Master in Management Studies of University of Mumbai)

Submitted by

(Lokesh Oswal)
Roll No. 162

UNDER THE GUIDANCE OF
(Dr. Kaustubh Sontakke)

MMS 2011-13
PILLAI INSTITUTE OF MANAGEMENT STUDIES AND RESEARCH,
NEW PANVEL

DECLARATION

I, Mr. Lokesh Oswal of Pillai’s Institute of Management Studies and Research hereby declare that the Project Work titled “Commodity Market” submitted as part of my curriculum of MMS degree is the original work done by me the project has not formed the basis for an award of any degree, associate ship, fellowship or any similar titles.

Signature of the student

(Lokesh Oswal)

Place:
Date:

COMPANY CERTIFICATE

CERTIFICATE

This is to certify that the Project Work titled “Technical Analysis” is a bonafide work of Mr. Lokesh Oswal carried out in partial fulfillment for the award of degree of MMS under my guidance. This project work is original and not submitted earlier for the award of any degree/ diploma of this or any other University/ Institution.

Name of the GuideDirector
Dr. Kaustubh Sontakke

Place:

Date:

ACKNOWLEDGEMENT

If words are considered as a symbol of approval and token of appreciation then let the words play the heralding role expressing my gratitude.

I got an opportunity to understand the capital market at Edelweiss financial ltd. While training I learnt many things about capital market and its structure. So I am very thankful to Edelweiss financial ltd for giving me such opportunity.

Also I would like to acknowledge my deepest sense of gratitude all my faculty members and Mentor (Dr. Kaustubh Sontakke) under whose guidance I was able to complete my project.

DateSignature of Student

TABLE OF CONTENTS

S.NO.| PARTICULARS| PAGE NO.|
1| Introduction| 07|
2| Company Profile| 09|
3| Technical analysis| 11|
4| Drawbacks / limitations of technical analysis| 12|
5| Tools & Instruments in technical analysis| 14|
6| Trends In Technical Analysis| 27|
7| Why Volume Is Important| 34|
8| Chart Patterns| 35|
9| Technical analysis of Stock “Power Grid”| 46|
10| Conclusion| 59|
11| Bibliography| 60|

INTRODUCTION :-

WHAT’S THIS EQUITY ANALYSIS?
Professional investor will make more money & less loss than, who let their heart rule. Their head eliminate all emotions for decision making. Be ruthless & calculating, you are out to make money. Decision should be based on actual movement of share price measured both in money & percentage term & nothing else. Greed must be avoided

Patience may be a virtue, but impatience can frequently be profitable. In Equity Analysis anticipated growth, calculations are based on considered FACTS & not on HOPE. Equity analysis is basically a combination of two independent analyses, namely fundamental analysis & Technical analysis. The subject of Equity analysis, i.e. the attempt to determine future share price movement & its reliability by references to historical data is a vast one, covering many aspect from the calculating various FINANCIAL RATIOS, plotting of CHARTS to extremely sophisticated indicators.

A general investor can apply the principles by using the simplest of tools: pocket calculator, pencil, ruler, chart paper & your cautious mind, watchful attention. It should be pointed out that, this equity analysis does not discuss how to buy & sell shares, but does discuss a method which enables the investor to arrive at buying & selling decision. The financial analysts always need yardsticks to evaluate the efficiency & performances of any business unit at the time of investment. Fundamental analysis is useful in long term investment decision. In Fundamental...
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