PROJECT REPORT

on

“A STUDY ON TECHNICAL ANALYSIS OF SELETED

STOCKS IN SHAREKHAN COMPANY”

BY

KRISHNA N AGADI

1NH18MBA35

Submitted to

DEPARTMENT OF MANAGEMENT STUDIES

NEW HORIZON COLLEGE OF ENGINEERING,

OUTER RING ROAD, MARATHALLI,

BENGALURU

In partial fulfilment of the requirements for the award of the degree of

MASTER OF BUSINESS ADMINISTRATION

Under the guidance of

Ms. JAYASHREE N

ASSISTANT PROFESSOR

2018 - 2020

CERTIFICATE This is to certify that KRISHNA N AGADI bearing USN 1NH18MBA35, is a bonafide

student of Master of Business Administration course of the Institute 2018-20, autonomous

program, affiliated to Visvesvaraya Technological University, Belgaum. The project report on

“A STUDY ON TECHNICAL ANALYSIS OF SELECTED STOCKS IN SHAREKHAN

COMPANY” is prepared by him under the guidance of Ms. JAYASHREE N, in partial

fulfilment of requirements for the award of the degree of Master of Business Administration

of Visvesvaraya Technological University, Belgaum Karnataka.

Signature of Internal Guide Signature of HOD Signature of Principal

Name of the Examiners with affiliation Signature with date

1. External Examiner

2. Internal Examiner

DECLARATION

I, KRISHNA N AGADI, hereby declare that the project report on “A STUDY ON

TECHNICAL ANALYSIS OF SELECTED STOCKS IN SHAREKHAN COMPANY” with

reference to “SHAREKHAN LTD” prepared by me under the guidance of Ms. JAYASHREE

N, faculty of M.B.A Department, New Horizon College of Engineering.

I also declare that this project report is towards the partial fulfilment of the university

regulations for the award of the degree of Master of Business Administration by Visvesvaraya

Technological University, Belgaum.

I have undergone an industry project for a period of Eight weeks. I further declare that this

report is based on the original study undertaken by me and has not been submitted for the award

of a degree/diploma from any other University / Institution.

Signature of Student

Place:

Date:

ACKNOWLEDGEMENT The successful completion of the project would not have been possible without

the guidance and support of many people. I express my sincere gratitude to

Mr.Praveen Kumar N Assistant Manager, Sharekhan Ltd, Bengaluru, for

allowing to do my project at Sharekhan Ltd.

I thank the staff of Sharekhan Ltd, Bengaluru for their support and guidance

and helping me in completion of the report.

I am thankful to my internal guide Ms. Jayashree N, for her constant support and

inspiration throughout the project and invaluable suggestions, guidance and also

for providing valuable information.

Finally, I express my gratitude towards my parents and family for their

continuous support during the study.

STUDENT NAME: KRISHNA N AGADO

USN NO: 1NH18MBA35

1

TABLE OF CONTENTS

SL. NUMBER CONTENTS PAGE NUMBERS

1 Executive Summary 1

2 Theoretical Background Of The Study 2-13

3 Industry Profile &Company Profile 14-23

4 Application Of Theoretical Framework 24-32

5 Analysis And Interpretation Of Financial

Statement And Report 33-75

6 Learning Experience- Findings,

Suggestions And Conclusion 76-79

7 Bibliography 80-81

2

EX ECUTIVE SUMMARY

This study is focused on the technical analysis of selected stocks from financial industry. For

the study of daily. Closing prices of the stocks from BSE website pertaining to the period of

2017 to 2019 three years data by quarterly. The objective of the study was to determine the

future price trends of selected stocks, which would help investor in making profitable

decisions in short term. The tools used for the Technical Analysis are Exponential Moving

Averages (EMA), Relative Strength Index (RSI), Moving Averages Convergence Divergence

(MACD), Rate of Change (ROC), STOCH, SUPER TREND LINE, VOLUME. The research

method aimed at examining & predicting the trends by using charts of different analytical

tool results.

The study is focused on understanding the uses & advantages of technical analysis. In market

the entry & exit plays a vital role, people fail to understand the market conditions & the

opportunities, leading to huge losses. By understanding trends & signals, these losses can be

made good by profitable investment decisions. Technical analysis doesn’t predict the future

price absolutely, instead it helps to anticipate the possibility of prices to happen over a period

of time, which in turn reduces the risk involved to a great length & results in satisfactory

returns. And to make a good decision on basis of technical analysis in long run, one must

know the fundamental knowledge too.

This study is making more efforts in the price estimation of the stocks and this will also guide

the investors, how to invest and where to invest this will be the best tool to analysis the price

of stocks. Then the technical analysis is the best tool of the measuring the price value of the

stocks.

3

CHAPTER- 1

INTRODUCTION

4

.

➢ INTRODUCTION

Stock market means it is the market where the more number purchasing and selling of

securities in term stocks of thecompany. The company wants to create the high level of

capital, so for that they are collecting the money from the stock market by issuing the shares.

Then there are investors are ready to buy the shares, for that buying and selling of the shares

controlling purpose SEBI is formed, and it regulates the stock market.

Stock Market has the greater number of chances to gain money in a short time and a swell as

in long time also. That makes the more confidence on the investors that should be encourage

the stockholders to invest the currency in stock market.

Securities showcase has the most essentially inaccessible into three types of members, to be

accurate the holder of stocks, financial experts in securities and the middle- and high-class

people, they are using these as the side income earnings. And some of the people are saved

the money to participate in the stock market, and they are hoping that it will helpful in future

it will give some benefits to investors.

Stock market having the good opportunities to gain money and it will give returns as a

dividend. And in this market the companies are showing the good performance day by day

that also depends on news of the share market price. companies’ income and expenses are

also mattered by indirectly to market price of the company. And sales also based in the

company performance if good that will help more to gain the money by investing in that

company.

• Financial services:

Financial services are the fiscal services, providing by the finance business to succeed

money, covering a broad range of sectors like banking, insurance, mutual funds, accountancy,

consumer finance, stock broking, speculation funds, etc.

Financial services businesses are present in all carefully developed geographic location and

they collection in resident, national, local and worldwide money centre.

5

But financial services commerce is majorly concerned about the various sector more because

majority a financial sector with all it efforts, holds 64% of the full assets detained by the

financial system. Hence it makes stock broking alone would suit the industry rather than the

financial services trade.

Secondary market is also Known as the stock exchange is the place in the place where the

current shares of various companies are listed and traded. The stock trades here are the once

which are already issues in the primary market. The shares and securities are bought and sold

between the potential investor and the existing investors.

Financial service industry:

Capital market of India is one of the major and eldest capital market in the world. A financial

service which helps the company’s management of their finance related problems.

Types of financial services in India,

1) Banking

2) Insurance

3) Debt instruments

4) Wealth administration

5) Mutual funds

6) Tax advisors and review firms

7) Stock market

6

INTRODUCTION TO STUDY

The undertaking commonly isolated into securities that check and collection the

administration. That centre of the securities considers is a valuation of the budgetary assets.

The regard, in this way that thelimit of risk and returns. These two thoughts are in the

examination of endeavour. Theory the most described as the responsibility advantages for

unique or new properties that will be held more completed for some future day and age.

In nowadays brisk rising world various open entryways are existing, in instruction to change

with variations and get the best open entryways in the field of hypotheses, a specialist store

chief is major. Thusly, in the current circumstance, the Portfolio Management Facilities

(PMS) is snappy grabbing import an endeavour elective for the High Net worth Stockholders.

The technical analysis of selected stocks is the main intention to study the company’s shares

price increasing and decreasing to get the proper knowledge of the stocks. This technical

analysis is the estimation of the future price may or may not it right or wrong, but it will be

the near to the answer. For that technically we can analysis the data of the stock that should

be helpful to get purchasing and selling of the stocks in market. It’s an estimation of the share

price in the market it will be helping to do study on shares. Investment of money in market is

very risky for that we must be aver of the market continuously.

Methods of raising funds from primary market:

Initial Public Offering(IPO): when unlisted company raises money from general public for

the first time, it is called as initial public offering. Generally,when any entity (government or

corporate) needs money they issue the securities to the general public and raise money.Once

the securities are listed in stock exchange, they are available for trading in the secondary

market.

Rights issue: A rights issue includesmarketing securities in the primary market by issuing the

rights to the present shareholders.

Private placement: This includes market of securities to limited number of refined investors,

for example, money related organizations, shared assets, investment assets, bank etc.

7

• Early History:

The 1st stock broking began in Rome, where the first registered buying and selling of shares

happened. But after Rome fell. Stockbroking did not become a accurate career. In the current

era new stock exchange started to operate in 16th and 17th centuries.

In 1585, Europe’s oldest Stock conversation Frankfurt stock exchange was recognized

In 1602, Dutch East India Company developed the 1st publicly traded company.

In 1698 London Stock Exchange was established.

➢ 1850 – Shares of banks and securities of east India Business traded in Mumbai below a

extensive banyan tree in opposite of urban hall, which is now in the hanuman round park.

➢ 1875 – Agents planned an association recognized as the natural share brokers reminder,

and the nation’s first stock exchange the Bombay stock exchange (BSE), set up in

Mumbai with 318 members. The association fee slowly improved from Rs 1 in 1887 to

Rs 1000 in 1896, and Rs 48000 in 1920.

➢ 1956 – Securities contract guideline Act approved.

➢ 1957 – The BSE and eight other stock exchange registered below the refuges exchange

agreement act.

➢ 1982 – The BSE categorizes writings into group A for carry forward, and group B for

cash transaction.

➢ 1986 – The BSE 30 – share compassion index compiled. modernized every two minutes.

➢ 1987 – Stock field corporation of India set dynamic.

➢ 1992 – Ordinance promulgated for granting statutory powers to the SEBI. The over- the

pledge conversation of India begins operations. The national stock exchange combined.

8

➢ 1994 – The NSE’s obligation section instigates operation on June 30 and the wealth

market part starts online handwriting less trading on November 3.

➢ 1995 – the BSE mechanizes its exchange operation, signalling the end of 120 years of

ground transaction with exposed outcry scheme of share exchange and the opening of

screen-based interchange on the BSE.

➢ 1996 – NSE 50 catalogue started April 22. NSDL usual up as the primary depositary

India, and the NSE begins trading in dematerialized safeties on December 26.

➢ 2000 – The SEBI supports the reports on remaining exchange brought out by the SEBI

board on net-based trading and facilities. Pursuant towards the circular, stock exchanges

are requiring giving authorization to members to flinch net founded trading after

safeguarding fulfilment of the smallest situations

• Indian Scenario:

In India completely 21 stock exchange are operated in the Counter Exchanges. Out of these

Exchange BSE and NSE are the largest stock exchange functioning in India.

SEBI:

The SEBI were recognized on April 12, 1992 as per the arrangements of the SEBI of India

Act 1992.

Amis to ensure the consideration of the contributors in securities and help the development

of, and to control the securities showcase and for matter related there with or accidental

thereto"

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Objectives:

• Another essential occasion is the support of exchanging stock records (Nifty and Sensex) in

2000. A market Index is an important and persuading thing on account of the running with

reasons.

• It is utilized as a bit of subordinate instruments like rundown prospects and record choices

• It can be utilized for disengaged assets association as if there should develop an occasion of

Index funds

Functions:

✓ SEBI is required to control the corporate in stock trade and some other securities showcase.

✓ Recording and directing the occupied of aggregate venture plans, including shared assets is

an obligation of SEBI.

✓ SEBI is in charge of restricting fake and out of line argument works on finding with

securities advertise.

✓ Prohibiting insider exchanging securities, with the burden of money related punishments, on

blundering market delegates.

✓ Regulating considerable obtaining of shares and takeover of organizations.

• Bombay Stock Exchange Ltd (BSE):

BSE is unique of the eldest stock exchanges of Asia and the very 1st of India. It was

recognized in the time of 1875 as “The Natural Share and Stockbrokers Associations”. With

the Past of 140 Years BSE have BSE have seen it’s share of ups and Downs, but today it has

grown up to developed 11th major stock exchange in the world.

BSE currently hold 5749 companies listed under it, through a market capitalization of $2

trillion as of July 2017.

• BSE SENSEX

In the year 1986 BSE invented up with stock market index called ‘SENSEX’. Today

SENSEX is a well Known as stock market index in India and it replicates the strength of

Indian Economy. SENSEX consists of the top 30 stock listed on BSE. As on 23rd Mar 2018

SENSEX read Rs.32596.54.

10

➢ The Stock Exchange, Mumbai, generally recognized as "BSE" remained familiar in 1875

as "The Native Share and Agents Association". It is the most seasoned one in Asia, even

more experienced than the Tokyo Stock Exchange, which remained set up in 1878.

➢ It is a volunteer non-profit creation Association of Peoples (AOP) and is currently

involved in the procedure of adapting itself into demutualized and business entity.

➢ It advanced during the years into its current grade as the chief Stock Exchange in the

nation. It is main Stock Exchange in the Nation to have developed perpetual salutation in

1956 from the Govt. of India below the Securities Agreements (Regulation) Act, 1956.

➢ Exchange, though given that an well-organized and translucent market for trading in

securities, debt and derivatives provisions the welfares of the stockholders and safeguards

redressal of their criticisms whether against the businesses or its own member-brokers.

➢ It also strives to teach and instruct the stockholders by conducting investor education

package and making obtainable to them necessary informative contributions.

• National Stock Exchange Ltd (NSE):

NSE was established in the year 1992 by the group of the leading financial organization with

reference of the Govt. NSE is wold’s 12th largest stock exchange after BSE. NSE was the 1st

stock conversation to introduce completely involuntary shade based electronic transaction

system with all modern facilities, and the first electronic stock exchange in India.

NSE currently hold 1696 companies listed under it, with a market capitalisation of the $1.41

trillion as of July 2017.

• NIFTY 50:

In the year 1995 NSE came up with the stock market index called NIFTY 50, NIFTY reflects

the Indian economy and its healthy just like a SENSEX. But here in NIFTY it consists of top

50 companies listed on NSE. As on 23rd Mar 2018 NIFTY index reads Rs.9998.0

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➢ NSE was participated in 1992 and erected assumed affirmation as a stock conversation

April 1993. It in progress the undertaking in June 1994, with exchange on the Extensive

Debt Market Section. As such it pushed the Capital Market Section in November 1994 as

a trading phase for qualities and the Commodities and Options Section in June 2000 for

numerous subordinate tools.

➢ NSE consumes possessed the capacity to receipts the share trading system to the

approaches of the financial specialists. Innovation been outfit to convey the

administrations towards the financial specialists the nation over at least expensive

conceivable expense.

➢ It delivers a nation-wide, screen-based, automated trading scheme, with a high degree of

slide and equal contact to investors irrespective of environmental location. The tall level

of information distribution through on-line system has helped in integrating retail

investors on a nation-wide base.

➢ The standards set by the conversation in footings of market performs, Products,

technology and facility standards have developed industry levels and are being replicated

by additional market contributors.

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IDEA OF INDUSTRY

An industry is commonly depicted as a homogenous gathering of organizations. We may

characterize an industry "as a gathering of firms delivering sensibly comparable items which

serve the a few needs of a typical arrangement of purchasers." Industries are generally

ordered based on items. As per this item savvy arrangement we have concrete industry, steel

industry, cotton material industry, pharmaceutical industry, etc. In any case, industry

arrangement becomes troublesome when managing firms having a differentiated product

offering. What's more, such firms are currently on the expansion. Despite the fact that

characterization of industry presents pragmatic troubles, every nation follows a normalized

grouping to encourage information assortment and detailing.

A) INDUSTRY LIFE CYCLE

Advertising specialists accept that every item has an actual existence cycle. They have

distinguished four phases m the life of an item, in particular presentation stage, development

stage, development stage and the decay stage. Similarly, an industry is additionally said to

have an actual existence cycle. As indicated by the business life cycle hypothesis, the life of

an industry can be isolated into the spearheading stage, the extension stage, the stagnation

stage, and the rot stage. This sort of isolation is incredibly valuable to a speculator on the

grounds that the gainfulness of workmanship industry relies on its phase of development in

truth every improvement stage is novel and displays various qualities.

PIONEERING STAGE

This is the principal stage in the modern life pattern of another industry where the innovation

just as the item are moderately new and have not arrived at a condition of flawlessness. The

spearheading stage is described by fast development sought after for the yield of industry.

13

Therefore there is an incredible open door for benefit. Numerous organizations contend with

one another energetically. As enormous number of organizations endeavor to catch a lot of

the market, there emerges high business death rates. Powerless firms are wiped out and a

lesser number of firms endure the spearheading stage.

It is hard for the examiner to recognize those organizations that are probably going to endure

and come out unequivocally later on. Along these lines, interest in organizations in an

industry that is in the spearheading stage is exceptionally unsafe. Businesses in the

spearheading stage are called dawn enterprises.

EXPANSION STAGE

When an industry has set up itself it enters the second phase of extension or development.

The business presently incorporates just those organizations that have endure the

spearheading stage. These organizations keep on getting more grounded. Each organization

finds a business opportunity for itself and builds up its own procedures to sell and keep up its

situation in the market. The opposition among the enduring organizations achieves improved

items at lower costs.

Organizations in the development phase of an industry are very alluring for speculation

purposes. Financial specialists can get exceptional yields at lower chance since request

surpasses supply in this stage. Organizations will win expanding measures of benefits and

deliver alluring profits.

STAGNATION STAGE

This is the third stage in the business life cycle, In this stage, the development of the business

balances out. The capacity of the business to develop seems to have been lost. Deals might be

expanding yet at a more slow rate than that accomplished by serious businesses or by the

14

general economy. The business starts to deteriorate. The progress of the business from the

development stage to the stagnation stage is frequently exceptionally moderate. Two

significant purposes behind this progress are change in social propensities and advancement

of improved innovation.

DECAY STAGE

From the stagnation stage the business goes to the rot stage. This happens when the results of

the business are not, at this point sought after. New items and new advances have gone to the

market. Clients have changed their propensities, style and connecting. Subsequently, the

industry gets old and step by step stops to exist. Along these lines, changes in social

propensities, changes in innovation and declining request are the reasons for rot of an

industry. A financial specialist ought to get out the business before the beginning of the rot

stage.

The business life cycle approach has significant ramifications for the financial specialists. It

gives a knowledge into the obvious benefits of interest in a given industry at a given time. An

industry as a rule shows how productivity in the spearheading stage, high gainfulness in the

development or extension stage, medium however consistent benefit in the stagnation or

development stage and declining gainfulness in the rot stage.

15

CHAPTER- 3

Industry Profile &Company Profile

16

INTRODUTION:

Sharekhan is the major separate marketing brokerage in the country. And 3rd major in

brokers in relationships of customer base preceded by ICICI Direct and HDFC Securities.

Sharekhan is single innovators of online interchange in India. It offers a broad range of

financial products and services including securities brokerage, equity trading, derivatives

trading, currency trading, mutual fund delivery, loan against shares, ESOP financing, IPO

financing and wealth organization.

Headquarters : Mumbai, India.

Established In : 2000

Established by : ShripalMorakhia

CEO : Kiran kumar km

Industry : Financial service

Parent : BNP Paribas

17

Website : Sharekhan.com

Sharekhan be located started by Mumbai-based businessperson ShripalMorakhia in 2000.

Sharekhan established the online retail broking business and utilized on the primary flood of

digitization, when dematerialization (Demat) of protections began into impact and electronic

trade was presented in the stock trades

Currently Sharekhan is working with 5000+ employees working for 16 lakh customers, at

180 divisions and more than 4000+ commercial partners spread across over 575 places. On

an usual, Sharekhan executes more than 400,000 employments regular.

➢ Guiding India's retail stock investors for 19 years

▪ This company registered with NSE and BSE for wealth market, futures, choices and

money segments and CDSL and NSDL for depository services.

▪ A full-service of stock broking secure provided that online services right from online

account opening to trading and investment.

▪ This company Created India’s greatest online tradingstage: Website Trade Tiger.

▪ Sharekhan App (accessible for Android and iOS devices) and Sharekhan Mini (a low

bandwidth website specially for mobile browsers.)

▪ It has a strong brick-and-mortar system with over 2600 outlets in 575+ cities.

▪ Research-based financial advice on all asset classes to suit all investing and trading styles.

▪ Keen Instruction and training courses for investors and dealers in suggestion with Online

Trading Conservatory

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➢ Vision:

“To become the Largest retail player in India providing Wealth Management Services with

most satisfied customers through unbeatable platform and services offerings yielding superior

returns.”

➢ Mission:

“To educate & empower the Individual Investor to make better investment decisions through

Quality advice & superior service”

PRODUCT PROFILE

Sharekhan is one of the main merchandizing businesses of City Undertaking which is

successively viably subsequently 1922 in the country. Past it was the retail broking arm of the

Mumbai-based SSKI Group, which has extra than eight many years of participation in the

stockbroking business. Offer khan offers its clients an extensive variety of value associated

directions including exchange execution on BSE, NSE, Derivatives, store managements,

internet swapping, speculation exhortation and so on. Prior with an inheritance of over 80

years in the securities exchanges, the SSKI assemble wandered into official broking and

corporate back 18 years prior. SSKI is one of the main players in institutional broking and

corporate fund exercises. SSKI holds a sizeable segment of the market in every one of these

portions. SSKI's institutional broking arm speaks to 7% of the market for Foreign

Institutional portfolio theory and 5% of all Local Institutional portfolio enthusiasm for the

country. It has 60 institutional customers spread over India, Far East, UK, and the US.

Outside Institutional Investors produce about 65% of the association's income, with a day by

day turnover of over US$ 2million. The substance rich and research-arranged entry has

emerged among its counterparts in view of its unflinching devotion to offering clients best-

of-breed innovation and unrivalled

Market information. The objective has been to let customers make knowledgeable decisions

and to simplify the process of investing in stocks.

WORK STRUCUTRE OF SHAREKHAN

Sharekhan has continuously supposed in capitalizing in technology to body its businessThe

firm has utilized around of the most popular titles in the IT business, similar to Sun

Microsystems, Oracle, Microsoft, Cambridge Technologies, Nexgenix, Vignette, Verisign

19

Financial Skills India Ltd, Spider Software Pvt. Ltd. to manufacture its trade motor and

satisfied. The City Undertaking holds a majority stake in the business. HSBC, Intel & Carlyle

are the extra depositors. On April 17, 2002 Sharekhan propelled Speed Trade and Trade

Tiger, are net-based executable reason that coordinates the merchant terminals alongside host

of other information identified with the Day Buyers. This was for the primary time that a net-

based exchange station of this

PRODUCT AND SERVICES OFFERD BY SHAREKHAN

A. Equity Exchange Stage (Online/Offline).

B. Commodities Trading Stand (Online/Offline).

C. Portfolio Management Service.

D. Mutual Fund Suggested and Dispersal.

E. Insurance Dispersal.

F. Forex

COMPETITORS:

1. Reliance Capital

2. Indian bulls

3. Angle broking

4. Karvy

5. MotilalOswal

6. Zerodha

7. HDFC Securities

Areas of Operation:

Presently Sharekhan is operating with 5000+ employees working for 16 lakh customers, at

180 divisions and more than 4000+ commercial partners spread crossways over 575

locations. On an normal Sharekhan performs 400,000 and more trades daily. And more than

250 business associates.

AWARDS AND RECOGNITIONS

We cherish what we do and our activity is fulfilling for clients. Truly, it feels incredible each

time we are lauded by our clients and perceived by recognized associations. Here we share a

20

portion of the numerous honours we have gotten for our managements, items and activities in

the previous 18 years.

CNBS AWAAZ 2005:

Named as most Preferred broker Brand at Awaaz Consumer Awards.

UTVi AND STARMINE 2009:

Voted among top 10 at Starline Broker Awards for BSE Sensex Recommendation.

EDGE INFORMATION WEEK EDGE AWARD 2011:

Awarded as “IT Securities” category at the information week awards by EDGE.

ONLINE TRADING ACADEMY 2011:

Granted in five classifications, Start-up for the year, Marketer of the year, World class

execution, Silver focus club and brilliant focus club, at Annual International Conference of

OTA by Online Trading Academy.

ZEE BUSUNESS 2011:

Given as Best Pharma Analysts.

BLOOMBERG AND UTV 2012:

Awarded as Greatest Equity broker in the investors Education and Category Enhancement

cluster at the Bloomberg- UTV Financial leadership award

REASON TO CHOOSE SAHREKHAN LIMITED

Sharekhan has over eight several years of trust and firm quality in the Indian securities

conversation. In the Asia Currency intermediary's examination held as of late, SSKI earned

the 'India's best broking house for 2004award. As far back as it pushed Sharekhan as its retail

broking separation in February 2000. has been given that institutional-level investigation and

booking administrations to singular speculators.

➢ Technology

Through their web-based trading account, one can acquisition and move partakes in a second

from any PC with a web suggestion. Clients gain admittance to the ground-breaking internet

switching devices that will assist them with taking complete command over their interest in

offer.

21

➢ Accessibility

Sharekhan gives ADVICE, EDUCATION, TOOLS AND EXECUTION managements for

financial specialists. These managements are open amid numerous motivations the nation

completed the Internet (through the site www.sharekhan.com) and additionally finished the

Voice Tool.

➢ Knowledge

In a corporate where the accurate data at the correct time can translate into straight revenues,

stockholders get access to a wide choice of information on the content-rich gateway,

Stockholders will also get a helpful set of knowledge-based tools that resolve allow them to

take knowledgeable decision

Convenience

One can call Sharekhan’s Dial-N-Trade amount to get investment advice and implement

his/her trades. They have a enthusiastic call-centre to offer this service through a Toll-Free

Number 1800 22-7500 & 39707500 from anyplace in India.

Customer Service

Its purchaser service team assists their customer for any help that they necessity linking to

transactions, billing, demat and additional questions. Their customer service can be contact

through a toll-free number, email or live conversation on www.Sharekhn.com

Investment Advice

Sharekhan has committed study players of supplementary than 30people for basic and

technical research. Their forecasters continually track the pulse of the market and deliver

timely investment advice to customer in the form of daily investigation emails, online chat,

published information etc…

Benefits:

▪ Free Depository A/c

▪ Instant Cash Transfer

▪ Multiple Bank Option.

▪ Secure Order by Voice Tool Dial-n-Trade.

▪ Automated Portfolio to keep track of the value of your actual purchases.

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▪ 24x7 Voice Tool access to your trading account.

▪ Personalized Price and Account Alerts delivered instantly to your Mobile Phone

&E-mail Address.

▪ Live Chat facility with Relationship Manager on Yahoo Messenger

▪ Special Personal Inbox for order and trade confirmations.

▪ On-line Customer Service via Web Chat.

▪ Enjoy Automated Portfolio.

▪ Buy or sell even single share

▪ Anytime Ordering.

Products & Services:

• Equity Trading

• Derivatives Trading

• Currency Trading

• Mutual Funds & SIP

• Bonds

• IPO

• Portfolio Management

• Learn to Trade

• NRI Services

• Trade Tiger

• Sharekhan App

• Sharekhan Mini

23

• Dial-N-Trade

• Pattern Finder

SWOTAnalysis:

• Strength:

Wide range of Financial Product

Strong customer layout

Strong online platform

Efficient research team

• Weakness:

Less emphasis on Advertising

Lack of awareness among customers

More Focus on HNI reduces the market share

• Opportunities:

Increase in Incomes

Increased interest in savings

Technological Advancements

Awareness among investors

Strict regulations by Govt. & SEBI

• Threats:

Increasing Competition.

Price war from existing brokers.

24

• Future Growth & Prospects:

Loan against Shares

Preference to Business Partners

Consumer Loans

Getting into Banking by 2020

25

CHAPTER-4

Application Of Theoretical Framework

26

Review of Literature:

• (Cunningham, 2004)

The consumers financial issues generally and objectively covered into the book. It has the

most effective twelve chapters. The basic financial issues are such as creating a will,

construction a savings nest and making the most effective for the best more effective for the

more effective understanding of the financial circulation of money. That shows the most

value of the uses of the currency. The survey in this book showed that people who plays their

bills as they come in where more satisfied and very less stressed than those who did not. With

this the second chapter focused on how to gain the control over the expenditure. This chapter

helps to solve and have good credit record.

Cunningham. (2004). your Financial action plan explained into twelve stages for achieving

money success.

• (Polkovnichenko, 2005)

A case for Rank Development Preference has maintained for rank dependent preference that

the rank Dependent expected utility model also known as anticipated utility should be the

matter. This model clarified the performance of the people has makes matter in investment of

their money that should be the main point of the investment. By investment gaining the

amount back for as a reward of the speculation they are getting the dividends from that makes

happier them that purpose only the matter of the returns.

Domestic as an investment in well diversified funds. They had poor portfolio of stock market

that is the main reason for lack of investment. Second are households who more savings but

their investment in equity was very low, he argued that portfolio choice model with rank

dependent preference are used.

Parameters as possible and with fully rational assumption which are constant and

Quantitative with the observed diversification. He suggested there is need to integrated the

model of rank dependent preference in portfolio theory and asset pricing is makes more

effective to analyses the data for more understanding purpose.

Polkovnichenko. (2005). Household portfolio Diversification.

27

• (Roberts)

Common and appropriate name for examination of stock market designs is “Technical

Analysis” Possibly no one in the financial world totally disregards technical analysis. Its

terminology is fixed in market writing and really nearly rely intensively on it.

In bright of this powerful curiosity in design and of promotional assumed to statistics in new

years, it appears curious that there has not been extensive recognition amongst the monetary

analysts that the plans of technical analysis may be slight.

Roberts, H. V. (n.d.). Stock-Market "Patterns" and Financial Analysis: Methodological

Suggestions.

• (Hirotaka Mizuno)

Stock market estimate several methods for the technical analysis and technical analysis have

been industrialized and are existence used this method to foresee the trend of the upcoming

price change of stocks and make it more effective for analysing. Several statistical methods

have been planned, but the results are insufficient in forecast truth.

Hirotaka Mizuno, M. K. (n.d.). Application of Technical Analysis of Stocks Market Prediction

.

• (Wang & Chan, 2006)

The experiential results specified that all of the practical trading rules and regulation suitably

forecast the course of variations in the NASDQ and TWI. Conclusion may provide investors

with the more effectual important data on asset division, the empirical grades established that

the average return of trading rules trained on bull flag and dear flag meaningfully better that

ordering every day and the period of the market. Technical study educations records or charts

of past stock of the values. Hopping to find designs that can be oppressed to achieve excess

gains.

Wang, J.-L., & Chan, S. (2006). Stock market exchange rule discovery using pattern

recognition and technical analysis.

28

• (Pandian, 2013)

In this book savings is the employment of funds on properties with the aim of grossing of

returns or money obligation. Investment has the two attributes, namely, time and risk. In the

process of investment, the present feasting is sacrificed to get a return in the future.

Capitalizing in various types of properties in an motivating activity that charms people from

all walks of life for that it is very vital for investing in the stock market it has the best future

in the life.

Pandian, P. (2013). Security Analysis and Portfolio Management.

• (Kahn)

In this book the author has mentioned that, the fine art of investing is developing into the

science of participating. This growth has been trendy slow and will stay for some time. Way

of investing should be the accurate and proper planed, as new generations of gradually

technical investment managers come to the duty, they will rely the more on analysis, process

and structure than on intuition, advice. The first necessary element for success in active

organization is a gratitude of the contest for any kind of problems and the risk management

that makes more changes in the personal skills development.

Kahn, R. C. (n.d.). Active Portfolio M management

• (Vince, 1990)

In this book the tradition of mathematical signs has hardly been stastic. The author had the

more curios to see what the known mathematical symbols will be 100 years from now. The

Random process and Gambling Theory he explained more number of methemetical aspects

which are relatedto trading. In trading the algorithum trading also there that purely based on

the methemetics that makes the perfectness in the trading and the trading should be accurate

and more helful to do the algorithum trading

Vince, R. (1990). Portfolio Management Formulas.

29

• (Zuckerman, 2004)

This paper says that the effectiveness of the situation procedure in the stock market is

contingent on the rationality of a stock position in the industry based classificatory structure

that directors estimate. While this building help investors interpret ambiguous economic

news. It is imperfect because stocks vary in the extent to which they are coherently

confidential, as discovered by the stocks place in the network coverage by securities analysis.

Zuckerman, E. W. (2004). Structural Incoherence and Stock Market Activity.

• (Kreps, 2014)

In this book the negligible reliable price scheme is in fact uniquely consistent in the finite

horizon case. In general, is the only constant price scheme that can be gotten as the limit of

consistent price schemes that can be gotten as the limit of dependable price schemes for the

natural classification of approximating. In one sense, we think that our analysis is consistent

with the fundamentalist spirit, opening with the view that stock price are formed by investors.

Kreps, J. M. (2014). SPECULATION INVESTOR BEHAVIOR IN A STOCK MARKET WITH

HETEROGENEOUS EXPECTATIONS.

• (Montazer, 2010)

In this book the main point of the Important issue decision making in stock exchange is

collection of the right stock at the right time. In order to choice the superior stocks and the

replacements for savings, in a finite number of alternatives have to be ranked considering the

several and sometimes conflicting criteria that often are vague and have uncertainty

conditions. Therefore, we are handled with the special multiple criteria decision creation

problem. The author has told about the what time we should buy the share and what time we

have to sell the stocks and it makes more efficient returns to the investor for that it may

helpful to the investor they should knowt the market situation before that investing in any

securities.

Montazer, M. F. (2010). Design and implementation of fuzzy expert system

30

Ansari V. Ahmed (2006) concentrated the IPO under-valuing in India amid the time of 2005

and found that the normal first-day return (under-estimating) was 40.9 percent which is very

significant. He likewise found that amid the period 84 percent of the IPOs were under pricing

and 16 percent were over rated.

Paula Hill (2006) utilized extraordinary information identifying with shareholdings of firms

posting on the London Stock Exchange, and gives convincing confirmation that IPO under-

pricing does not emerge from endeavours to decide the possession structure of the post IPO

firm. It is proposed that exploration is coordinated somewhere else to discover a response to

the under-pricing marvel, and for means other than IPO under-pricing to influence post Initial

public offering possession structure.

Ghosh (2005) did a review to discover the components clarifying IPO under estimating

utilizing 1842 organizations that got recorded on Bombay Stock Exchange from 1993-2001.

His review bolstered the flagging hypothesis. As opposed to the worldwide experience, he

announced that under estimating was less amid the high volume (hot) period as looked at to

the droop time frame in the Indian securities exchange.

Marisetty and Subrahmanyam (2005) reported the impact of gathering connection on the

2713 IPOs made in India amid three administrative administrations amid the period 1990-

2004. The review found that, the normal under valuing of gathering organizations was higher

than that of independent organizations. Specifically, they detailed that under evaluating was

higher for organizations subsidiary to private outside (multinational) and private Indian

bunches.

OnurArugaslanetal.(2004): Analysed the contentions for "why observing contemplations

make impetuses for chiefs to under value their organizations' IPOs" utilizing a test of U.S.

Initial public offerings. They found that the determinants of introductory returns, institutional

shareholdings, and post-IPO probability of securing were not predictable with these

contentions. They reasoned that observing contemplations are not critical determinants of

IPO under-pricing.

Shake (1986) proposed the "Champ Curse theory" to sensibly clarify an IPO's positive

starting return. The theory suggests that more questionable issues ought to have higher

starting returns. Backers and their speculation brokers endeavour to decrease data asymmetry

and starting returns by scattering data about the IPO firm. Speculators, then again, attempt to

judge the development capability of an organization opening up to the world from the

accessible data, which incorporates age, measure, data about promoters, and industry order.

31

Allen and Faulhaber's (1989) exact confirmation proposed the presence of `hot issue'

markets for starting open offerings: in specific periods and in specific enterprises, new issues

are under-priced and proportioning happened. This examination paper builds up a

demonstrate steady with this perception, which accept the firm itself best knows its prospects.

In specific conditions, firms with the most ideal prospects discover it ideal to flag their sort

by under-pricing their underlying issue of shares, and financial specialists realize that

exclusive the best can recover the cost of this flag from resulting issues.

STATEMENT OF PROBLEM:

In market there are more numbers of investors are don’t know about the technical analysis of

the stocks for that it may be a big problem to them to analysis the future price of the share.

for that purpose, the investors are having the knowledge of stock market. but some investors

are not known about this so for that to solve this problem this study may helpful to them.

How people are ready to solve these types of problems or not that will be the big difference in

the share marketplace.

The stock bazaar is one of the maximum significant ways for businesses to increase money.

Some of the traders are not knowing about the technical analysis, so for that deprived of

knowing of the stocks past and present routine of the stocks prices they will do trade, from

that they will lose money sometimes for that purpose, to avoiding of this problem technical

analysis will be helpful and it should be helps in the future estimation of the market price, and

it reduces the risk percentage of investors.

OBJECTIVES OF THE STUDY:

• To learn the technical analysis of the stocks.

• To estimate the future price of shares in market.

• To study the stock market share price of the company and Company performance of future

by using past data in the technical analysis method.

SCOPE OF THE STUDY:

To begin an awareness of technical analysis of the stocks in market. And taking the initial

part in the price decision making of shares, to buy and selling of stocks in market.

32

RESEARCH METHODOLOGY:

This report is founded on as secondary data, though secondary data collecting and combing

was given more importance since it is hearing factor in boldness of the studies. One of the

greatest main users of research methodology is that it helps in the identifying the problems,

and solving the problem. gathering, analysing the required info data and provided that an

alternative explanation to the problem.

It also assistances in gathering the energetic data that is essential by the topmost management

to support them for the better judgment and result creation of both day to day critical ones,

The study contains of around Investors Awareness around the Technical analysis of stocks in

Sharekhan Limited.

Data Collection

Secondary Data

Published resources from company andwebsites such as publications, journals, newspapers,

also websites.

Sampling Methods:

Probability sampling is need full information about all sampling units in the market world

due to time constraint Random sampling method was taken for the learning.

SAMPLE SIZE:

The sample size is 10 banks stock price

SAMPLING AREA:

• Data base provided by the Sharekhan Company limited.

• Money control websites

• Zerodha site

33

Plan of Analysis:

In this part the data has to analysis on the bases of random selection of some stock market. In

the stock market which are highly useful sectors in the economic development and nation

development that stocks are taken. And the data are collected from past 3 years share price as

a quarterly based.

Limitations of the Study:

• In this project the data are limited.

• It should be very difficult to understand normal people, those who are not having the stock

market knowledge.

• Maybe it is very difficult to understand the technical analysis, because it all are contain full

of charts and tables only, there is no any oral teaching so candidate should not understand

himself.

Chapter Scheme:

This chapter is containing the brief introduction about the securities why I should choose this

stock and the reasons, and this contains the selected stock price fluctuation between one time

to another time from opening price of the stock to end price of the stock. and how much

percentage it has changed in the certain period that also shown and the picture of the

technical analysis of that stocks by using certain technical tools.

34

CHAPTER-5

Analysis And Interpretation Of Financial

Statements And Reports

35

NIFTY:

The NIFTY means National Stock Exchange Fifty. It characterizes the weighted average of

total 50 Indian firm Stocks in 13 sectors, and is unique of the 2 main stock catalogues used in

India, the other existence the BSE Sensex.

The stock market is separated into 11 main sectors they are on behalf of key areas of the

Economy. If these segments are not performing well it will result in low economic growth

and the GDP also will decrease for that, these sectors are very important for development of

the economy.

They are: -

1) Financials:

In this sector, Banks, Investment funds, Insurance companies and Real estate companies.

2) Utilities:

In this sector, Electric, Gas, and Water Companies as well as integrated providers.

3)Consumer Discretionary:

It contains of retailers, Media company, Customer service providers, Apparel company and

Buyer durables product manufacturers.

4) Consumer Staples:

It consists of Food and Beverage companies as well as product manufactures.

5) Energy:

In this segment contains of Oil and Gas exploration and Production firms, and united

power forms.

6) Healthcare:

It involves of Biotechnology companies, Hospitals management firms and medical

device manufacturers.

36

7) Industrials:

It contains of Aerospace, Défense, Machinery, Construction, Fabrication and Manufacturing

companies.

8) Technologies:

It contains of Electronics manufacturing, software development and Information

technology firms.

9) Telecom:

It contains of Wireless providers, Cable company, Internet service providers and

Satellite companies.

10) Materials:

It contains of Mining, Refining, Chemicals, Forestry and related companies that are

focused on discovering and developing raw materials.

11) Real Estate:

It contains of businesses invested in inhabited, industrial, and Trade Real Estate.

These are the sector of NIFTY and taking some of the sectors which are more helpful

in development of economy and GDP development of the nation, that’s helps to analyse the

sector which are growing and falling and the reason why behind this problem.

Example: - Financial, Energy, Telecom, Healthcare, Consumer Discretionary.

And it helps to guide the investors to analyse the market based on the performance of the

sector and it will be the more effective to help to grow the investors returns.

By investing in the good sector, it will help for economic development and as well as nation

GDP will grow and it makes more effective in the analysing the stock market. Sometimes the

good and bad news of the companies or any rules and regulations of the government make

more difference in the stock market price fluctuation.

37

1) Financials:

• Banks:

• State Bank of India:

The State Bank of India (SBI) is an Indian global, open part banking and

monetary administrations legal body. It is an administration enterprise legal body

headquartered in Mumbai, Maharashtra. SBI is positioned as 236th in the Fortune

Global 500 rundown of the world's greatest partnerships of 2019. It is the biggest

bank in India with a 23% piece of the overall industry in resources, other than a

portion of one-fourth of the absolute credit and stores advertise.

The bank slips from the Bank of Calcutta, established in 1806, through the

Imperial Bank of India, making it the most seasoned business bank in the Indian

subcontinent. The Government of India assumed responsibility for the Imperial Bank

of India in 1955, with Reserve Bank of (India's national bank) taking a 60% stake,

renaming it the State Bank of India.

38

Chart No:1

Table No:1

SBIN PRICE CHANGES IN QUARTER PERIOD

SL.NO YEAR MONTHS MARKET START MARKET END % change in price

1 2017 Jan-March 252.12 293.84 1.165476757

April- June 295.17 273.45 -0.926415286

July-September 274.97 254.77 -0.92653744

Oct-December 256.93 310.98 1.210368583

2 2018 Jan-March 311.04 250.44 -0.805169753

April- June 251.88 260.54 1.034381451

July-September 259.76 264.87 1.019672005

Oct-December 265.59 296.29 1.115591701

3 2019 Jan-March 298.77 321.86 1.077283529

April- June 322.58 361.54 1.120776242

July-September 362.98 269.37 -0.742107003

Oct-December 272.75 308.00 1.12923923

In this table the SBI bank price fluctuation from 2017 January to 2019 December by allocating and

data collected by Quarterly (3 months) from past 3 years. And it shows the changes in the share

price and how it is varied from last 3 years and the bank performance.

39

➢ Interpretation

In this chart the price is fluctuating between the 250 to 362, this shows very clearly that the

company is performing good to gain money in long term. When we saw that past data how

the price is increasing monthly it shows that this stock is very helpful for those who are ready

to invest the money in long term this will give a greater number of returns, on this base we

can say this is more helpful in the eyes of investors to get more number of returns.

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This is the chart where the technical analysis are made, the Green colour candles are showing

the bullish (increasing) in the price and red colour candle are showing the Bearish

(Decreasing) in the price of the stock. And this is showing the past price changes in the stock

here For Example: There are a greater number of tools are there for analysing purpose but I

am using technical tools like Volume, Stoch and Super trend lines to analyse the future price

what could be there. The candles fluctuation are showing the price of the stock in that

particular time.

In this chart the Stoch line are showing there are red and white lines if the price is decreasing

the Stoch red will cross the white line For example : In this chart between March and June

there is big number of decrease in share price for that the redline crosses the white line that

shows the price decrease in the that period.

41

➢ HDFC Bank:

The HDFC Bank was consolidated on August 1994 by the name of 'HDFC Bank Limited',

with its enrolled office in Mumbai, India. The Housing Development Finance Corporation

(HDFC) was among the first to get an 'on a fundamental level' endorsement from the Reserve

Bank of India (RBI) to set up a bank in the private division, as a component of the RBI's

advancement of the Indian Banking Industry in 1994.

HDFC Bank is headquartered in Mumbai. The Bank at present has an advantageous system

of more than 1416 branches spread more than 550 urban areas across India. All branches are

connected on an online continuous premise. Clients in more than 500 areas are additionally

overhauled through Telephone Banking. The Bank likewise has a system of about more than

3382 organized ATMs over these urban communities.

The advertiser of the organization HDFC was incepted in 1977 is India's chief lodging money

organization and appreciates a perfect reputation in India just as in global markets. HDFC has

created huge skill in retail contract advances to various market portions and furthermore has a

huge corporate customer base for its lodging related credit offices. With its involvement with

the money related markets, a solid market notoriety, huge investor base and novel customer

establishment, HDFC was undeniably situated to advance a bank in the Indian condition

42

Table No:2

HDFC BANK PRICE CHANGES IN QUARTER PERIOD

SL.NO YEAR MONTHS MARKET START MARKET END % change in price

1 2017 Jan-March 606.43 721.28 1.189387069

April- June 725.53 829.74 1.14363293

July-September 827.62 902.05 1.089932578

Oct-December 897.8 936.08 1.042637558

2 2018 Jan-March 938.21 946.72 1.009070464

April- June 946.72 1050.93 1.110074785

July-September 1055.18 1002.01 -0.949610493

Oct-December 955.22 1059.44 1.109105756

3 2019 Jan-March 1065.82 1161.52 1.089790021

April- June 1159.39 1225.32 1.056866111

July-September 1229.58 1227.45 -0.998267701

Oct-December 1230.35 1272.10 1.033933433

43

Chart No: 2

➢ Interpretation

In this Financial sector the HDFC bank is one of the secluded sector bank and this bank is

performing very well in the stock market and it is the most increased stock in the previous 3

years. And this bank is price is in the January 2017 toDecember 2019 the price rate of this

company has changed grammatically increased the price that is 606.43 to 1227.45 the

changes in these period is 2.024% so this stock increasing day by day so it’s helpful to long

term investors and it creates the more returns to investors. For technical analysis you can use

the Stoch trend line based on you can analyse the stock price.

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2) Energy:

➢ POWERGRID:

Is an Indian state-possessed Maharatna organization headquartered in Gurugram, India and

connected for the most part in Transmission of Power. POWERGRID transmits about half of

the complete force created in India on its transmission arrange. Its previous auxiliary

organization, Power System Operation Corporation Limited (POSOCO) handles power the

board for National Grid and all state transmission utilities. POWERGRID likewise works a

telecom business under the name POWERTEL. Shri Kandikuppa Sreekant fills in as the

Chairman and Managing Director of the organization.

POWERGRID began working on the executives premise with impact from August, 1991 and

consequently it took over transmission resources from NTPC, NHPC, NEEPCO, NLC, NPC,

THDC, SJVNL and so forth in a staged way and it initiated business activity in 1992–93.

Moreover, it likewise assumed control over the activity of existing Regional Load Despatch

Centers (RLDCs) from Central Electricity Authority (CEA), in a staged way from 1994 to

1996, which have been overhauled and modernized with State of-the-craftsmanship Unified

Load Despatch and Communication (ULDC) plans. Thusly, National Load Despatch Center

(NLDC) was set up in 2009 for generally speaking coordination at National level.

46

Table No:3

POWERGRID PRICE CHANGES IN QUARTER PERIOD

SL.NO YEAR MONTHS MARKET

START

MARKET

END

% change in price

1 2017 Jan-March 183.57 197.28 1.074685406

April- June 199.74 210.43 1.053519575

July-September 210.16 210.98 1.003901789

Oct-December 212.62 200.02 -0.940739347

2 2018 Jan-March 199.47 193.44 -0.96976989

April- June 192.89 186.59 -0.967338898

July-September 186.86 188.51 1.00883014

Oct-December 188.78 198.65 1.052283081

3 2019 Jan-March 197.82 198.37 1.002780305

April- June 198.1 207.14 1.045633518

July-September 207.69 198.92 -0.957773605

Oct-December 198.35 190.25 0.959163095

47

Chart No:3

➢ Interpretation

POWERGRID is the one of the companies which is more helpful to the economic growth and

the nation development.

In this chart is POWERGRID company price is very fluctuating and it makes more increase

and decrease in the price value from January 2017 to December 2019 these price is changed

that is 183.57 to 190.92 there is small number of increase but it fluctuated more in the price

and it reaches the maximum of 225 in 2017 July and it may helpful to intraday trader.

These power grid fluctuation shows in the chart no:3 in that the analysis will say the more

changes in the amount from one retro to another period besides it will be the more effective.

This is having the good future because powergrid having the more opportunities now a days.

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ADANIPOWER:

The organization is India's biggest private warm influence maker, with limit of 12,410 MW

The firm was positioned as the 73rd biggest partnership in India in Fortune India 500

rundown of 2018. The organization works five supercritical boilers of 660 MW each and 4

supercritical boilers of 330 MW each at Mundra, Gujarat; five 660 MW units at Tiroda,

Maharashtra.

The plant is the main warm force plant in India to be confirmed by United Nations

Framework Convention on Climate Change (UNFCCC) under Clean Development

Mechanism. The organization is actualizing 1,600 MW at Godda and numerous different

plants which are at various phases of planning. The organization has gone to long haul PPAs

of around 9,153 MW with legislature of Gujarat, Maharashtra, Haryana, Rajasthan,

Karnataka and Punjab.

50

Table No: 4

ADANI POWER PRICE CHANGES IN QUARTER PERIOD

SL.NO YEAR MONTHS MARKET START MARKET END % change in price

1 2017 Jan-March 30.15 40 1.326699834

April- June 40 29.69 -0.74225

July-September 30 29.9 -0.996666667

Oct-December 29.7 41.82 1.408080808

2 2018 Jan-March 41.82 23.78 -0.568627451

April- June 24.54 16.21 0.660554197

July-September 16.36 23.78 1.453545232

Oct-December 23.78 51.07 2.147603028

3 2019 Jan-March 51.07 48.19 -0.943606814

April- June 48.49 51.52 1.062487111

July-September 52.28 64.4 1.231828615

Oct-December 66.05 61.08 0.924753974

51

Chart No: 4

➢ Interpretation

The Adani power company’s share price is more variable in the share price of the company,

this is helps to buyers those who are buying the bulk order shares that time it will be useful.

when they are perfect in the technical analysis the ordered share will be gives the more

returns on the investment that will be the higher returns.

The price is varied more and the candles are changed very high sometimes it may high and

some time it may reduced that will be the more. If you buy the share between the 2018 June

and December the price is increased more in that time definitely you will get more returns.

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3) Telecom:

➢ IDEA:

Idea Cellular is a significant cell phone administration administrator in India and positioned

third in the nation by supporter numbers. It has a place with the Aditya Birla Group, one of

the three biggest combinations in India. Established in 1995, Idea was overseen for quite a

while as an organization mutually possessed by Birla, the Tata Group, another top Indian

combination, and the AT&T Group of the U.S. AT&T therefore pulled back its capital from

Idea and Tata sold its value stake in 2006 on the grounds that it set up a telecom organization.

Accordingly, Birla has put Idea under its administration. Thought procured its opponent

Spice Communications in 2008 and has continued growing its market nearness to turn into

India's third biggest portable transporter after Bharti Airtel and Vodafone. It has been

winning new supporters by advancing third-age cell phone benefits in provincial regions.

Aditya Birla Nuvo, the center organization of the Birla gathering, is Idea's greatest investor.

Other gathering organizations, for example, Hindalco Industries and Grasim Industries, are

additionally significant partners. The Birla bunch all in all possesses an almost 40% stake in

Idea.

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Table No:5

IDIA PRICE CHANGES IN QUARTER PERIOD

SL.NO YEAR MONTHS MARKET START MARKET END % change in price

1 2017 Jan-March 74.8 85.74 1.146256684

April- June 84.18 86.26 1.024708957

July-September 86.26 77.4 -0.897287271

Oct-December 77.93 108.66 1.394328243

2 2018 Jan-March 107.62 75.84 -0.704701728

April- June 77.4 59.17 -0.764470284

July-September 59.17 38.33 -0.64779449

Oct-December 38.33 38.85 1.013566397

3 2019 Jan-March 38.85 18.01 -0.463577864

April- June 18.1 12.8 -0.70718232

July-September 12.8 7.07 -0.55234375

Oct-December 6.30 6.15 -0.97619047

55

Chart No: 5

➢ Interpretation

The Idea Company is one of the best telecom companies in India. But some compotator

effects it losses more number of profit that will be the main impact of the falling in the share

price. The government rules and regulations are affected more. The share value of the Idea

Company reducing day by day and it losing the more money in the market and the

performance of the company is also reduced for that the price is falling more from last 3

years.

The company’s price is reducing more for that the investors are not having the interest on

investing the money in this company. But this will be affected to nation the telecom industry

will be effects to nation development in a big manner, this will not good to nation telecom

industry is very important to development.

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➢ BHARATIAIRTEL:

Bharti Airtel Limited, otherwise called Airtel, is an Indian worldwide media communications

administrations organization situated in New Delhi, India. It works in 18 nations across South

Asia and Africa, and furthermore in the Channel Islands. Airtel gives GSM, 3G, 4G LTE,

4G+ versatile administrations, fixed line broadband and voice administrations relying on the

nation of activity. Airtel had likewise revealed its VoLTE innovation over all Indian telecom

circles. It is the third biggest versatile system administrator in India and the second biggest

portable system administrator on the planet with over 411.42 million subscribers. Airtel was

named India's second most significant brand in the first ever Brandz positioning by Millward

Brown and WPP plc. Airtel is credited with spearheading the business system of re-

appropriating the entirety of its business activities aside from advertising, deals and fund and

building the 'minutes industrial facility' model of ease and high volumes. The technique has

since been received by a few operators. Airtel's gear is given and kept up by Ericsson,

Huawei, and Nokia Networks though IT support is given by Amdocs. The transmission

towers are kept up by auxiliaries and joint endeavor organizations of Bharti including Bharti

Infratel and Indus Towers in India.

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Table No: 6

BHARATIAIRTEL PRICE CHANGES IN QUARTER PERIOD

SL.NO YEAR MONTHS MARKET START MARKET END % change in price

1 2017 Jan-March 303.39 350.21 1.154322819

April- June 355.34 379.48 1.067934936

July-September 381.67 390.45 1.023004166

Oct-December 391.92 530.82 1.354409063

2 2018 Jan-March 531.65 399.23 -0.750926361

April- June 399.96 381.67 -0.954270427

July-September 382.41 337.78 -0.883292801

Oct-December 338.51 312.9 -0.924344923

3 2019 Jan-March 315.1 332.66 1.05572834

April- June 332.66 346.56 1.041784404

July-September 346.56 367.77 1.061201524

Oct-December 367.77 455.80 1.239361557

59

Chart No: 6

➢ Interpretation

This is the Indian telecom company which is performing well in India presently it will be the

one of the best telecom company. This company is maintaining the constant growth in the

share price this is good to nation and it is required.

It reached the high price at the time of 2018 June the price of Rs 399.23 and it is increasing

more now a days. If the investor knows the Technical analysis, he can make money in this

company. And it will be the more effective returns are given to investors those who are

invested money in this company.

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4) Healthcare: DR REDDY:

Dr. Reddy's Laboratories is a worldwide pharmaceutical organization. The organization was

established by Anji Reddy, who recently worked in the tutor foundation Indian Drugs and

Pharmaceuticals Limited, of Hyderabad, India. Dr. Reddy's makes and markets a wide scope

of pharmaceuticals in India and abroad. The organization has more than 190 prescriptions, 60

dynamic pharmaceutical fixings (APIs) for tranquilize make, demonstrative packs, basic

consideration, and biotechnology items. Dr. Reddy's started as a provider to Indian

medication producers, however it before long began sending out to different less-directed

markets that had the benefit of not investing energy and cash on an assembling plant that

would pick up endorsement from a medication permitting body, for example, the U.S.

Nourishment and Drug Administration (FDA). By the mid 1990s, the extended scale and

productivity from these unregulated markets empowered the organization to start

concentrating on getting endorsement from sedate controllers for their details and mass

medication fabricating plants - in increasingly created economies. This permitted their

development into managed markets, for example, the US and Europe. In 2014, Dr. Reddy

Laboratories was recorded among 1200 of India's most believed brands as indicated by the

Brand Trust Report 2014, an investigation led by Trust Research Advisory, a brand

examination company. By 2007, Dr. Reddy's had seven FDA plants creating dynamic

pharmaceutical fixings in India and seven FDA-reviewed and ISO 9001 (quality) and ISO

14001 (ecological administration) affirmed plants preparing tolerant drugs – five of them in

India and two in the UK.

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Table No: 7

DRREDDYs LABORATARIES PRICE CHANGES IN QUARTER PERIOD

SL.NO YEAR MONTHS MARKET START MARKET END % change in price

1 2017 Jan-March 3070 2633 -0.857654723

April- June 2643 2694 2643

July-September 2709 2328 -0.859357697

Oct-December 2417 2417 1

2 2018 Jan-March 2417 2084 -0.8622259

April- June 2084 2239 1.0743762

July-September 2234 2535 1.1347359

Oct-December 2530 2624 1.03715415

3 2019 Jan-March 2624 2788 1.0625

April- June 2798 2549 -0.911007863

July-September 2582 2704 1.047250194

Oct-December 2783 2874 1.032698526

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Chart No: 7

➢ Interpretation

Health care sector is very important sector for economic development. This is also

performing well the changes in the share price is more. But this is maintaining continuous

consistency between the price changing. This will be the finest to invest and become the

returns. Because healthcare sector having good opportunity in India because of population.

We can assume the future of the stock by using the technical analysis tools, for Example in

STOCH tool the white and red lines are there they are showing the situation of the price for

certain period base, what will be happening in the next step like that we can assume the price

of the share price in the technical analysis.

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➢ APOLLO Hospital:

Apollo Hospitals Enterprise Limited is an Indian medical clinic chain situated in Chennai,

India. It was established by Dr Prathap C. Reddy in 1983 as the first corporate medicinal

services in Quite a while. A few of the gathering's medical clinics have been among the first

in Quite a while to get universal medicinal services accreditation by America-based Joint

Commission International (JCI) just as 13 NABH National Accreditation Board for Hospitals

and Healthcare Providers hospitals. The gathering has created benefits in telemedicine, in the

wake of beginning a pilot venture in 2000 at Aragonda, Prathap Reddy's home village.

Apollo Hospitals in Visakhapatnam The association marked a 'reminder of comprehension'

with Health Education England in April 2017 to give countless specialists to fill opportunities

in the English National Health Service. The association is recorded on the Bombay Stock

Exchange (BSE: 508869) and the National Stock Exchange

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Table No: 8

APOLLO HOSPITAL PRICE CHANGES IN QUARTER PERIOD

SL.NO YEAR MONTHS MARKET START MARKET END % change in price

1 2017 Jan-March 1181.72 1166.14 -0.986815828

April- June 1174.01 1276.89 1.087631281

July-September 1269.97 1006.95 -0.792892745

Oct-December 1012.14 1205.94 1.191475488

2 2018 Jan-March 1216.32 1064.05 -0.874810905

April- June 1069.24 1050.21 -0.982202312

July-September 1064.05 1043.29 -0.980489639

Oct-December 1034.64 1256.12 1.214064795

3 2019 Jan-March 1254.39 1230.17 -0.98069181

April- June 1233.63 1358.21 1.100986519

July-September 1361.67 1396.28 1.025417318

Oct-December 1484.80 1442.00 -0.971174568

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Chart No: 8

➢ Interpretation

The health care sector is also one of the important factor which helps to develop

the economy of the nation, this sector is always growing sector and it makes the

investors attracts and the risk factor is also less if you invest in the right time by

using the technical analysis you will get the returns definitely.

In the Chart 15 the price changing and the chart 16 the technical analysing

methods are shown and make it clear more and the price changes from January

2017 to December 2019 the price is changed the 1442.72 to 1396.28 this is

varied from the year to year that is based on the performance of the company.

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5) Consumer Discretionary: Varun Beverages:

The Company was fused as Varun Beverages Limited on June 16, 1995 at New Delhi as an

open restricted organization under the Companies Act, 1956. the Company got a declaration

of initiation of business on July 4, 1995. We have been related with PepsiCo since the 1990s

and have more than two and half decades united the business relationship with PepsiCo,

expanding the quantity of authorized regions and sub-regions secured by us, delivering and

disseminating a more extensive scope of PepsiCo refreshments, presenting different SKUs in

the portfolio, and extending the appropriation arrange.

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Table No:9

VARUN BEVERAGES PRICE CHANGES IN QUARTER PERIOD

SL.NO YEAR MONTHS MARKET START MARKET END % change in price

1 2017 Jan-March 258.58 270.21 1.04497641

April- June 270.2 355.94 1.317320503

July-September 355.94 341.41 -0.959178513

Oct-December 341.41 435.87 1.276676137

2 2018 Jan-March 435.87 419.89 -0.963337692

April- June 424.25 504.17 1.188379493

July-September 502.72 492.55 -0.979770051

Oct-December 483.83 524.52 1.084099787

3 2019 Jan-March 528.88 579.74 1.096165482

April- June 579.74 633.51 1.092748473

July-September 636.41 624.79 -0.98174133

Oct-December 620.15 708.60 1.14262678

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Chart No: 9

➢ Interpretation

This stock having the big opportunity because of it is increasing in nature from the

beginning of the company to still now this is performing well and increasing day by day

its price. And the Technical indicators are also showing good. Increased in the price

that’s also good and the annual income and the balance sheet of the company also use in

the technical analysis. The changes in the price are showed in the chart 17 and 18.

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➢ COFFEDAY:

Cafe Coffee Day Global Limited Company is a Chikkamagaluru-based business which

develops espresso in its own bequests of 20,000 acres. It is the biggest maker of arabica

beans in Asia, sending out to different nations including the U.S., Europe, and Japan. V.

G. Siddhartha began the coffe chain in 1996 when he fused Coffee Day Global, which is

the parent of the Coffee Day chain. The first CCD outlet was set up on July 11, 1996, at

Brigade Road, Bangalore, Karnataka. It quickly extended to different urban areas in

India, with more than 1000 coffes open the country over by 2011. In 2010, it was

reported that a consortium drove by Kohlberg Kravis Roberts would contribute ₹10

billion (US$140 million) in Coffee Day Resorts, possessed by the company. that year,

the logo was changed to the present logo, which the organization expressed was to

feature the chain as a spot to talk. This was finished with significant changes in the

format of the stores, including the expansion of parlors and an all out redo of the insides.

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Table No: 10

COFFEEDAY PRICE CHANGES IN QUARTER PERIOD

SL.NO YEAR MONTHS MARKET START MARKET END % change in price

1 2017 Jan-March 200 231.61 1.15805

April- June 234.31 246 1.04989117

July-September 251.4 218.12 -0.867621321

Oct-December 218.12 273.88 1.255639098

2 2018 Jan-March 279.28 303 1.084932684

April- June 306.25 274.78 -0.897240816

July-September 268.48 281.07 1.046893623

Oct-December 278.38 278.38 1

3 2019 Jan-March 278.38 289.17 1.038759968

April- June 287.37 231.61 -0.805964436

July-September 237.01 48.16 -0.203198177

Oct-December 45.65 40.30 -0.882803943

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Chart No: 10

➢ Interpretation

In this chart the greater number of prices is falling down because of the company’s bad news.

Initially the company is performing good but now the company owner has changed so for the

all the investors are taken their money back this made more changes in the price from 2017

January to September 2019 the price is comes very low from 200 to 48.16. because of the

changing in the ownership of the company, this will affect to the stock market and this is the

reason for falling in the price. And the company news also very important to technical

analysis.

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CHAPTER-6

Learning Experience- Findings, Suggestions And

Conclusion

78

FINDINGS:

Observations and Findings

• An about 10 of companies of 5 different sectors are considered in this project 2 each

in one sector they are Financial, Energy, Telecom, Healthcare, Consumer

Discretionary.

• In financial sector the SBI bank has the most increased in the share price that makes

more attractive to stockholders. The price is fluctuating between the 250 to 362 in

past 3 years and it more effective changes.

• And the technical analysis of the stock price is more useful to analysis the price of

future. that will be the more effective part in the price estimation of these above share

price companies, that showing the more changes in the price and according to that

technical analysis base only.

• There are the greater number of the technical analysis tools are there but few are more

effective part will take and that will more big effective changes in the price

fluctuation. Like: STOCH, SUPERTREND, and VOLUME.

• In this above data charts, here showing the main changes of the stock price based on

the technical analysis that sure help to analysis technical analysis base only that will

be the more effective part of this chapter. There will be the date facility also available

you can see any price of the stock based on the time. That will help to see the market

situation in the short period, that will help to intraday traders.

• The stock market price increase and decrease depend upon the current situation of the

company if the company is not performing well then, the stock holders will ready to

sell that stock and sometimes the government rules and regulations also effected to

stocks.

• In this data sometimes the assumptions also may wrong but the greater number of

traders are going through the technical analysis it will help to them finance in the right

stock at the right time.

• If the technical analysis went wrong it will create a bad impression on the trade so for

that the we have to think to reach the investors satisfaction level.

• There are lot off investors are looking to be in the technical analysis if it go wrong

they will lose interest on the technical analysis for that it should be accurate and

correct assumptions.

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Conclusion and Suggestions

Based on the examination, it is discovered that Technical analysis is the best way of

measuring the future price of stocks in market. And the selected stocks of Sharekhan

company which are an example of the stocks are more helpful to the economic and national

development purpose. for that this sectors stock are chosen to explain the technical analysis

and what stocks to purchase and move. In this sector we have to find the solutions by using

the data base only that will be the more effective to measure the price of the company. By

using the past data you can measure the things how can it will be the in future performance

that should be the foremost objective of this study.

• Technical analysis is the best way of expressive the future market performance.

• It gives the confidence to the investors those who are ready to invest the money in

stock market.

• It will give the proper knowledge about the market price of the companies.

• More number of investors are not known about the technical analysis for them it will

be helpful.

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Suggestions:

• The technical analysis is the best option to know the market price of the company so

everyone should know about this.

• Don’t lose your money unless you don’t about the proper estimation of the market.

• Investors should be known about the market price and the recent news about that

sector or that company.

• If you are a new investor don’t go for direct trading just know about the company and

the stock market fluctuations and also try to learn the technical analysis of the stocks.

• How much amount of time will you spend in the market to know the fluctuations of

markets that much will you become perfect in trading.

• If you are the intraday trader just go with current news and the technical analysis this

is the best to get some returns in the market.

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CHAPTER-7

Bibliography

82

Cunningham. (2004). your Financial action plan explained into twelve stages for achieving

money success.

▪ Hirotaka Mizuno, M. K. (n.d.). Application of Technical Analysis of Stocks Market

Prediction.

▪ Kahn, R. C. (n.d.). Active Portfolio M anagement.

▪ Kreps, J. M. (2014). SPECULATION INVESTOR BEHAVIOR IN A STOCK MARKET

WITH HETEROGENEOUS EXPECTATIONS.

▪ Montazer, M. F. (2010). Design and implementation of fuzzy expert system for Tehran

Stock Exchange portfolio recommendation.

▪ Pandian, P. (2013). Security Analysis and Portfolio Management .

▪ Polkovnichenko. (2005). Household portfolio Diversification .

▪ Roberts, H. V. (n.d.). Stock-Market "Patterns" and Financial Analysis: Methodological

Suggestions.

▪ Vince, R. (1990). Portfolio Management Formulas.

▪ Wang, J.-L., & Chan, S. (2006). Stock market trading rule discovery using pattern

recognition and technical analysis.

▪ Zuckerman, E. W. (2004). Structural Incoherence and Stock Market Activity

OTHER REFFERANCE:

Websites.

Sharekhan company data.