SUCCESS PROBABILITY OF TECHNICAL ANALYSIS PERTAINING TO CAPITAL MARKET

1. PROJECT REPORT
ON
“SUCCESS PROBABILITY OF TECHNICAL ANALYSIS IN EQUITY MARKET”
TOWARDS FULFILLMENT FOR THE
2 YEAR POST GRADUATE DIPLOMA IN MANAGEMENT (PGDM)
APPROVED BY AICTE
SUBMITTED BY
(NAUSHAD CHAUDHARY)
PGDM
(FINANCE)
Batch 2012-14
KOHINOOR MANAGEMENT SCHOOL
KURLA, MUMBAI.

2. A PROJECT REPORT
ON
“SUCCESS PROBABILITY OF TECHNICAL ANALYSIS IN EQUITY MARKET”
SUBMITTED BY
NAUSHAD CHAUDHARY
PGDM
(FINANCE)
ROLL NO -161
Batch 2012 - 2014
UNDER THE GUIDANCE OF
PROF. SUZANNE DESOUZA
KOHINOOR MANAGEMENT SCHOOL
KURLA, MUMBAI.

3. DECLARATION
I hereby declare that the project report entitled “Success probability of
technical analysis in equity market” carried out at “NATHANI
INVESTMENT” is my work submitted in partial fulfillment of the requirement
for POST GRADUATE DIPLOMA IN MANAGEMENT (PGDM), from
KOHINOOR MANAGEMENT SCHOOL, KURLA, MUMBAI and not
submitted for the award of any degree, diploma, fellowship or any similar titles
or prizes.
.
Date: Signature: _______________
Place: Mumbai Student Name: ___________

4. CERTIFICATE
This is to certify that the project entitled “Success probability of technical
analysis in equity market” is successfully completed by “Naushad
Chaudhary” during the second year of his course, in partial fulfillment of the
Post Graduate Diploma in Management Studies, under KOHINOOR
MANAGEMENT SCHOOL, Kurla, Mumbai-400070.
Date:
Place: Mumbai “PROF.SUZANNE DESOUZA”

5. ACKNOWLEDGEMENT
Sometimes words fall short to show gratitude, the same happened with me during this project.
The immense help and support received from “NATHANI INVESTMENT” during the
project.
My sincere gratitude to Mr. Ravi Nathani (Founder of NATHANI group) for providing me
with an opportunity to work in the technical research department, provide me with a real time
(on-the-job) training, necessary information and his valuable suggestion & comments on
bringing out this report in the best possible way.
I thankful to my project guide Prof.Suzanne desouza, who provided me guidance and deep
insights throughout the preparation of my project.
Finally not to miss anyone, I thank all the people who have directly or indirectly helped me a
lot throughout my project preparation.

6. TABLE OF CONTENT
 Executive Summary……………………………………………………..…….1
 About Company……………………………………………………………….2
 Objective of the study……………………………………………………....…3
 Scope of the study…………………………………….…………………….…4
 Findings………………………………………………….…………………….5
 Recommendation …………………………………….…………………...…..5
 Limitations of the study …………………………………………………....…5
 What is Stock analysis? …………………………………………………….…6
 Technical analysis …………………………………………………………….6
 Basic assumptions of technical analysis …………………………………..…7
 Technical analysis v/s Fundamental analysis ……………………………......8
 Why we use technical analysis?…………………...……………………...…10
 What is chart?………………………………………...………………………11
 Types of charts ………………………………...………………………...….13
 Trends on chart …………………………………………………………...…22
 Trend lines ……………………………………………………………..........24
 Support and Resistance ……………………………………..……………….27
 Peak and Trough analysis …………………………………..……………….30
 Importance of Volume ……………………………….………………...……32
 Chart Patters …………………………………...……………………....…….33
 Indicators …………………………………………………………………….41
 DATA ANALYSIS AND INTERPRETATIO …………………..………….54
 TREND LINE AND SUPPORT & RESISTANCE INTERPRETATION….59
 FEW SNAPSHOTS OF THE CALLS GIVEN BY ME ON
(www.stockgyaan.com) WEBSITE IN THE MONTH OF JUNE & JULY
2013 ON BASIS OF TECHNICAL ANALYSIS ……………………….......60
 PERFORMANCE OF THE CALLS GIVE BY ME ……………………......65
 Conclusion ………………………………………………………...………...66
 Bibliography …………………………………………………………………67