A study on

Technical analysis with reference to banking sector

With reference to

ANAND RATHI SHARE AND STOCK BROKERS (INDIA) LTD.

VIZIANAGARAM.
A project report submitted in partial fulfillment of the Requirements for the award of the Degree of

MASTER OF BUSINESS ADMINISTRATION

By
ANTIPETA KIRAN KUMAR
(Regd.no: 18331E0004)
Under the guidance of
Dr. EVPAS PALLAVI
MBA, PH.D.
SR. Assistant professor

DEPARTMENT OF MANAGEMENT STUDIES

MVGR COLLEGE OF ENGINEERING (AUTONOMOUS)
Approved by AICTE and permanently affiliated to JNTU-Kakinada
Accredited by NBA of AICTE and NAAC-A of U.G.C
Chintalavalasa, Vizianagaram — 535005
2018-2020
 DECLARATION

I ANTIPETA KIRAN KUMAR do hereby solemnly declare that this project report entitled A study on

technical analysis with reference to banking sector at Vizianagaram Town with reference to “ANAND RATHI

SHARE AND STOCK BROKERS (INDIA) LIMITED, Vizianagaram” submitted by me is a bonafide work

done by me one and is not submitted to any other university or published any time before.

This project work is in partial fulfillment of the requirement for the award of Degree of MASTER OF

BUSINESS ADMINISTRATION.

PLACE :
DATE :. (ANTIPETA KIRAN KUMAR)
 ACKNOWLEDGEMENT

I wish to express my heartful thanks to Mr. CHANDRA SHEKHAR, ANAND RATHI LIMITED,

VIZIANAGARAM for giving me the opportunity to under the project work

I would like to extend my sincere thanks to my guide Dr. EVPAS PALLAVI, Sr.Assistant Professor, School of

Management Studies, MVGR College of Engineering(A) for her timely advice and guidance throughout the

project.

I am indeed very grateful to Dr. SANYASI RAJU, Professor and Head of the Department, School of Management

Studies, MVGR College of Engineering (A), for his ever willingness to share his valuable knowledge and

constantly inspiring us though suggestions.

I would like to extent my thanks to Dr. K.V. L RAJU, Principal of M.V.G.R. College of Engineering (A) for his

support in the successful in completion of the project.

I am extremely grateful to my parents, faculty and friends for their full cooperation and valuable support to

complete this work. I thank everyone who has helped me

directly and indirectly in completion of this project work.

(ANTIPETA KIRAN KUMAR)

 LIST OF TABLES

TABLE
NO TITLE OF THE TABLE PAGE NO
4.1 SBI performance for the year 2019 54
4.2 SBI moving averages for 3 months 54
4.3 SBI RSI calculations for January month 58
4.4 PNB performance for the year 2019 60
4.5 PNB moving averages for 3 months 60
4.6 PNB RSI calculations for January month 62
4.7 BANK OF BARODA performance for the year 2019 64
4.8 BANK OF BARODA moving averages for 3 months 64
4.9 BANK OF BARODA RSI calculations for January 66
4.1 CANARA BANK performance for the year 2019 68
4.11 CANARA BANK moving averages for 3 months 68
4.12 CANARA BANK RSI calculations for January month 70
4.13 BANK OF INDIA performance for the year 2019 72
4.14 BANK OF INDIA moving averages for 3 months 73
4.15 BANK OF INDIA RSI calculation for January month 75
4.16 AXIS BANK performance for the year 2019 76
4.17 AXIS BANK moving averages for 3 months 77
4.18 AXIS BANK RSI calculations for January month 79
4.19 HDFC BANK performance for the year 2019 80
4.2 HDFC BANK moving averages for 3 months 81
4.21 HDFC BANK RSI calculations for January month 83
4.22 ICICI BANK performance for the year 2019 85
4.23 ICICI BANK moving averages for 3 months 85
4.24 ICICI BANK RSI calculations for January month 88
KOTAK MAHINDRA BANK performance for the year
4.25 2019 90
KOTAK MAHINDRA BANK moving averages for 3
4.26 months 90
KOTAK MAHINDRA BANK RSI calculations for
4.27 January 93
 PREFACE

Technical analysis is the art of forecasting future price movement based on past price actions, volume on chart and

applying various studies and indicators to it. Technical analysis works across all timeframes i.e, intraday, daily,

weekly, or even yearly data and is applicable to stocks, indices, commodities, futures or any tradable instrument

where the price is governed by the forces of supply and demand. These demand and supply forces in return are

influenced by number of fundamental factors. The combined impact of all these factors reflected in share price

movement. A technical analyst concentrates on movement of share price.

India has a fair share of the world economy and hence the capital markets or the share markets of India form a

considerable portion of the world economy. The capital market is vital to the financial system.

The capital Markets are of two main types. The Primary markets and the secondary markets. In a primary market,

companies, governments or public sector institutions can raise funds through bond issues. Also, Corporations can sell

new stock through an initial public offering (IPO) and raise money through that. Thus in the primary market, the party

directly buys shares of a company. The process of selling new shares to investors is called underwriting.

In the Secondary Markets, the stocks, shares, and bonds etc. are bought and sold by the customers. Examples of the

secondary capital markets include the stock exchanges like NSE, BSE etc. In these markets, using the technology of

the current time, the shares, and bonds etc. are sold and purchased by parties or people

The current research work is the presentation of Banking sector in stock market with the help of technical analysis . with

the help of technical analysis the trader suggest the investor to buy or sell the share.

CONTENTS PAGE NO
CHAPTER – 1 (1 – 7 )

 INTRODUTION 1

 NEED FOR THE STUDY 3

 OBJECTIVES OF THE STUDY 4

 METHODOLOGY OF THE STUDY 5

 LIMITATIONS OF THE STUDY 6

 FRAME WORK OF THE STUDY 7

CHAPTER – 2 (8 – 29)

 INDUSTRY PROFILE 8 -21

 COMPNY PROFILE 22 - 29

CHAPTER – 3 (30 – 52)

 CONCEPT REVIEW 30 - 47

 JOURNAL REVIEW 48 - 52

CHAPTER – 4 (53– 97)

 DATA ANALYSIS AND INTERPRETATION

CHAPTER – 5 (98 – 104)

 SUMMARY 98 - 100

 FINDINGS 101 – 102

 SUGGESTIONS 103 – 104

BIBILOGRAPHY
REFERENCE TEXT BOOKS Author

 Security analysis and portfolio management Punithavathy Pandian

 Investment analysis and portfolio management Prasanna Chandra

 Security analysis with investment and portfolio Dr. Mahipal singh

Management

News papers

 HINDU

 BUSINESS LINE

 INDIAN EXPRESS

WEBSITES

 www.nseindia.com

 www.euitymaster.com