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Geojit report on technical annalysis

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Geojit report on technical annalysis

Geojit report on technical annalysis

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  • 1. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT COMPANY profileBEC DOMS BAGALKOTPage 1
  • 2. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT PROFILE OF THE GEOJIT FINANCIAL SERVICES LTD. Geojit, a joint venture with Kerala State Industrial DevelopmentCorporation Ltd. is a pioneer in the retail financial services sector. Over twodecades the company has grown to offering complete management solutions.Today the company has over Rs.20 billion in assets under its custody. Geojit’s shares are listed on the Bombay Stock Exchange. Thecompany is a member of the National Stock Exchange of India Ltd., theBombay Stock Exchange and the National Securities Depository Ltd., and acharter member of the Association of Financial Planners, India. More than1000 professionals are operating through over 250 offices across thecountry provide services to a growing retail investor base of 200,000.Prominent institutional clients include banks, mutual funds and otherinstitutions such as UTI and insurance companies. Geojit has a large pool ofcertified professionals who plan, execute and manage customizedinvestment strategies for clientele. Financial literacy programmers areconducted on a regular basis through the branch network to raiseinvestment awareness. Early application of innovative technology in theindustry led to many national firsts such as internet trading, electronicsecurities settlement on the web and an online integrated trading screen forstocks and derivatives.- IN 1988 The company, Geojit Securities Limited (GSL), was a partnership firm, with two partners Mr. C.J. George and Mr. Ranjit, under the name and style of M/s Geojit & Company established on 4th November,BEC DOMS BAGALKOTPage 2
  • 3. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT to act as stock and share brokers with membership on the Cochin Stock ExchangeThe company was incorporated as a Public Limited Company on 24th November and obtained its Certificate of commencement of business on 25th January 1995.- The company is at present engaged in the activities of stock and share broking, underwriting, marketing of initial public offering of companies and mutual funds, corporate advisory services, investments in shares, participating in Bought Out Deals, syndication of inter-corporate deposits, debt, bought-outs etc.The company has at present branches at Trichur, Kottayam, Muvattupuzha and Coimbatore apart from having representative offices at Mumbai. IN 1966 The company had made a public issue of equity shares aggregating to Rs.95/- lakhs, during the period under report which received an overwhelming support and was oversubscribed over 14 times. The Company held 100% of the paid up Capital of Rs.30,00,000/- M/s Geojit Stock & Shares Ltd., a wholly owned subsidiary of the Company as at 31st March. Geojit Securities Ltd, a leading retail share broking firm launched Internet securities trading for the first time in India. Geojit Securities is a joint venture with Kerala State Industrial Development Corporation (KSIDC) with branches in 40 cities. ABN Amro Bank is set to pick up an equity stake in Geojit Securities Ltd one of the largest stock brokers and depository participant in the country. The company is planning to introduce multi-bank, multi-DP interfaces to facilitate and promote Internet trading in the country.Geojit Securities Ltd, the first company to start online trading services, has signed a MoU with UTI Bank to enable investors to buysell demat stocks through the companys website. The Company has signed a deal with Centurion Bank to provide payment gateway for Internet trading. The Company launched its online interface with HDFC Bank for Internet trading.BEC DOMS BAGALKOTPage 3
  • 4. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT Geojit Securities Ltd, a leading stock broking company, has decided to issue bonus shares at 1:1 ratio, to capitalize part of general reserve. PRODUCTS AND SERVICESBEC DOMS BAGALKOTPage 4
  • 5. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR ATPRODUCTS:- Equity F & O (Futures and Options) Margin Trading Funding Scheme Loan Against Shares Loan Against Commodity Trading Depository Commodity Portfolio Management Services (PMS)1) Equity: Equity/ordinary share capital, as a long-term source of finance,represents ownership capital/securities and its owners –equity-holders/ordinary shareholders – share the reward and risk associatedwith the ownership of corporate enterprises. A shareholder can exercise, sellin the market and renounce/forfeit his pre-emptive rightspartially/completely. He does not gain/loss from rights issues. Ordinaryshare capital is a high-risk-high-reward source of finance for corporate. Theshareholders share the risk, return and control associated with ownership ofcompanies.2) F & O (Futures and Options):-BEC DOMS BAGALKOTPage 5
  • 6. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT The National Stock Exchange and The Stock Exchange, Mumbai havecommenced trading in Derivatives Market with Index Futures being the firstinstrument. Now both the exchanges provide trading in Index Futures andOptions and Stock Futures and Options. A derivative is a financial contract, between two or more parties, whichis derived from the future value of an underlying asset. At any point of timethere will always be available near three months contract periods. For e.g. inthe month of Jan 2006 one can enter into Jan, Feb or Mar contracts. The lastThursday of each month is the expiry day for that month’s contract. Whenone contract expires, a new contract is introduced. For instance, on expiry ofJan 2006 contract, April contract shall get activated. Currently, settlements of all Derivatives trades are in cash. There isDaily as well as Final Settlement. As long as the position is open, the samewill be marked to Market at theDaily Settlement Price, the difference will be credited or debited accordinglyand the position shall be brought forward to the next day at the dailysettlement price. Any position which remains open at the end of the finalsettlement day (i.e., last Thursday) shall be closed out by the Exchange atthe Final Settlement Price which will be the closing spot value of theunderlying. There are two types of margins collected on the open position, viz.,Initial Margin which is collected upfront and Mark to Market Margin to bepaid on T+1 day. As per SEBI Guidelines it is mandatory for clients to givemargin, failing which the outstanding positions may be closed out.There are three types of Members in the Futures and Options Segment:-BEC DOMS BAGALKOTPage 6
  • 7. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT Trading Members are only eligible to trade; their trades are settled by the Clearing Members. Trading cum clearing members are members who are eligible to trade and also settle trades on their own behalf and also settle on behalf of other trading members. Professional Clearing Members are members who are only specialized in the clearing and settlement activities. They do not trade on their own behalf or on behalf of other members Self Clearing Members are those who trade and settle only their own trades. Geojit Financial Services Ltd is trading cum clearing member at NSE.3) Margin Trading Funding Scheme: In Marginal Trading, an Investor buys securities by borrowing a portionof the transaction value and using the securities in the portfolio as collateral.An investor who purchases securities may pay for the securities fully in cashor may borrow a part of the transaction value from the brokerage firm.4) Loan Against Shares:- Geojit Credits Pvt. Ltd., a subsidiary of Geojit Financial Services Ltd,registered as a Non-Banking Finance Company (NBFC) offers Loans againstsecurity of shares. The facility is available to all customers of Geojit FinancialServices Ltd.Key Features of the Scheme:- 1. All securities defined under Group I of NSE are eligible for Loan against Shares 2. Loan is provided against a minimum of two securities and minimum loan amount is Rs.50000/-BEC DOMS BAGALKOTPage 7
  • 8. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 3. Loan up to 50% of the current market value of approved shares. 4. Upper ceiling on quantum of loan shall be as determined by Geojit Credits P Ltd on a case to case basis 5. Speedy disbursal through RTGS / direct credit to the customer’s bank account / cheque 6. Securities are to be transferred to Geojit Credits Pvt. Ltd 7. Fixed charges of 1.00 % of loan amount is charged upfront and is non refundable. 8. Rate of interest is 14 % p.a. for Loans above Rs 3 lacks and 15% pa for Loans up to Rs 3 lacs. This is subject to change from time to time. Interest is charged on Daily Outstanding Balance in Loan account at monthly rests. Interest debited every month should be repaid by chque/DD payable at Kochi with in 7 days of debit. 9. The credit is provided as an overdraft facility for a period of One year at a time, renewable by mutual consent. 10. Loan can also be redeemed by instructing Geojit Credits Pvt. Ltd to sell the securities 11. Loans are re-valued daily 12. Margin calls are made if the value of the securities fall by 10% which can be met with either by redeeming the loan partially or placing additional securities 13. Securities may be liquidated if the margins are not furnished in case of a fall of 20% value of the securities5) Loan Against Commodity Trading:-BEC DOMS BAGALKOTPage 8
  • 9. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT Geojit Credits Pvt. Ltd offers loans against Pledge of WarehouseReceipts for delivery at Commodity Exchanges.Key Features of the Scheme:- Loans against Pledge of Physical and Demat warehouse receipts Loans up to 80% of sale value price contracted for Futures delivery Loans are also considered against Pledge of warehouse receipts without Futures Sell contract on a case-to-case basis at higher margins ranging from 30% to 50% of the value Loans available till sale proceeds are realized on settlement from the Commodity Exchange else up to a maximum of three months Provision to switch between different future contracts (subject to validity of warehouse receipts) Simple documentation6) Depository:- A depository can be compared to a bank. It holds securities such asshares, debentures, bonds, government securities, units etc. of investors inelectronic form. There are two depositories in India, The National SecuritiesDepository Limited (NSDL) and Central Depository Services Limited (CDSL).An individual who desires to avail the depository services can approach aDepository Participant (DP). Banks, financial institutions, custodians, brokersor any other entity eligible as per SEBI (Depositories and Participants)Regulations, 1996 can apply to the Depository to become a DepositoryParticipant. As on 31st March, 2006 there are 526 Depository Participants inIndia.BEC DOMS BAGALKOTPage 9
  • 10. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT Geojit, is a depository participant of NSDL & CDSL. Investors can opendemat accounts with NSDL & CDSL through Geojit. One can approach thenearest branch of Geojit for opening an account. Agreement charges(statutory charges) along with Annual Maintenance Charge (AMC) arecollected upfront while opening an account. It takes two to three days toopen a demat account. Upon activation of the demat account, a WelcomeLetter is sent to the customer along with the Delivery Instruction Slip book.DP facilities offered by Geojit :- De-materialization: Consumers can convert their physical shares into electronic form by surrendering the shares for dematerialization at the Geojit branch. Re-materialization: Re-materialization enables consumers to convert the dematerialized shares into physical form. Repurchase: This facility helps consumers to submit the units of open-ended Mutual Funds in case of re-purchase. Pledge: Consumers can pledge securities to avail a loan. Transfer: Consumers can transfer securities from one demat account to another. IPOs: In case consumers have applied for an IPO and receive an allotment then the securities are transferred directly to their demat account. The same applies for bonus and rights issues. Commodity De-mat Account: If consumers are a commodity player, they may need to open a commodity de-mat account with Geojit. Speed-e: If consumers register for Speed-e services, then transfer instructions can be placed online over the internet to pre-notifiedBEC DOMS BAGALKOTPage 10
  • 11. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT Clearing Members Pool a/c. This does away with the need to submit a physical delivery instruction slip. Internet Services: If consumer have access to Internet then they can register with Geojit to view their demat account over the Internet. This is very beneficial as consumers can avail of a host of services at no extra cost. SMS Alert Facility: The alert messages for debits (transfers) and IPO credits would be sent to the account holders who have subscribed to this facility. Depository provides this facility and no charge is levied on DPs for providing this service to investors.7) Commodity: Geojit Commodities, a subsidiary of Geojit Financial Services Limited,is mainly engaged in the business of Commodity Futures Trading. GeojitCommodities is a member of: National Multi – Commodity Exchange of India limited (NMCE) National Commodity & Derivatives Exchange Limited (NCDEX) Multi – Commodity Exchange (MCX) India Pepper and Spice Trade Association (IPSTA) Singapore Commodity Exchange (SICOM) Dubai Gold Commodity Exchange (DGCX). Geojit provides information on commodity futures, along withtechnical and fundamental analysis online at its website and also through thecompanys large branch network. The company conducts Seminars,distributes free in-house literature and holds interactive sessions that helpraise awareness on the futures market. The number of participants iscontinuously on the rise thus leading to increased volumes and marketBEC DOMS BAGALKOTPage 11
  • 12. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR ATefficiency. Geojit Commodity offers futures trading through multipleexchanges in varied commodities such as: Agri- commodities: oilseeds, soya, groundnut, pulses, rice, wheat, sugar, spices, rubber, guar, pepper, cardamom, coffee, etc Precious metals: gold and silver, Base metals: steel, aluminium, nickel, zinc, copper, etc Energy products: crude oil and furnace oil Geojits clientele in commodities range from investors, co-operativesocieties, state and national institutions to dealers, traders, manufacturers,financiers, speculators, arbitragers,etc.Geojit does not have proprietary interest in any commodity and therefore isprice neutral. Transaction costs are highly affordable attracting a spectrumof investors. Membership in multiple exchanges gives clients the addedadvantage of arbitrage. Geojit has specialized staff that provide the requiredguidance, help and enable clients to enter at the appropriate price.8) PMS (Portfolio Management Services): Geojit, a SEBI registered Portfolio Manager (Reg. No.INP000000316)offers discretionary portfolio management services. Geojit has a team ofexperts who carefully take investment decisions based on the clientsobjectives. The Portfolio Management team has a successful track record ofmore than 10 years in the capital market. The team has access to Geojitsstrong Equity Research, and Fundamental & Technical Analysis. Investment Objective: To generate medium to long-term capital growth (2-3 years) by identifying undervalued stocks and those with growth opportunities from a select list of well researched stocksBEC DOMS BAGALKOTPage 12
  • 13. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT Strategy: Identifying growth stocks from a select list through extensive research. Minimum Investment: Rs.10 lakhs for resident Indians and Rs.25 lakhs for Non-Resident Indians. Reports: Portfolio and NAV are communicated bi-weekly via e-mail. Risk factors: As the stocks are normally held for medium to long term, the net asset value will be affected by market volatility. PMS fee: Option 1: 3% p.a. (charged @0.75% at the end of every quarter on the average of beginning and ending NAV). Option 2: 1% p.a. (charged @0.25% at the end of every quarter on the average of beginning and ending NAV) and performance fee.BEC DOMS BAGALKOTPage 13
  • 14. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT RESEARCH ON TECHNICAL ANALISYSTITLE OF THE PROJECT:“Technical Analysis on Automobile Sector” Undertaken at Geojit FinancialServices Ltd BagalkotSCOPE OF THE STUDY: This study is most important because technical analysis helpsinvestors in better understanding the markets and gauges the direction inwhich their investments might be headed and it’s utility helps in estimatingthe future trends of the stock prices and to make a decent profit out of it.OBJECTIVES OF THE STUDY:BEC DOMS BAGALKOTPage 14
  • 15. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 1) To predict investor positions (Buy, sell & hold). 2) To know the future trend of Stock Prices of Tata Motors Maruti Udyog Ltd and M&M automobile in capital market.METHODOLOGY: Primary data is collected through direct interactions with the BranchManager and Employees of Geojit Financial Services, Ltd Bagalkot. The Secondary data is collected from the relevant text books on thesubject matter and company’s official website.TOOLS: 1. Moving Average Method. 2. Candle stick chart.LIMITATIONS OF THE STUDY: 1. The study is limited only to automobile sector and 3 companies 2. I have used only 2 Technical tools to predict the movement of Scrip’s.BEC DOMS BAGALKOTPage 15
  • 16. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT THEROTICAL FRAME WORK Technical analysis is the examination of past price movements toforecast future price movements. Technical analysts are sometimes referredto as chartists because they rely almost exclusively on charts for theiranalysis. MOVING AVERAGE:-A Moving Average is an indicator that shows the average value of a securitys price over a period of time. When calculating a moving average, a mathematical analysis of the securitys average value over a predetermined time period is made. As the securities price changes, its average price moves up or down. There are several popular ways to calculate a moving average. Meta Stock for Java calculates a "simple" moving average--meaning that equal weight is given to each price over the calculation period.BEC DOMS BAGALKOTPage 16
  • 17. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT INTERPRETATION:- The most popular method of interpreting a moving average is to compare the relationship between a moving average of the securitys price with the securitys price itself. A buy signal is generated when the securitys price rises above its moving average and a sell signal is generated when the securitys price falls below its moving average. This type of moving average trading system is not intended to get you in at the exact bottom nor out at the exact top. Rather, it is designed to keep you in line with the securitys price trend by buying shortly after the securitys price bottoms and selling shortly after it tops. The critical element in a moving average is the number of time periods used in calculating the average. When using hindsight, you can always find a moving average that would have been profitable. The key is to find a moving average that will be consistently profitable. The most popular moving average is the 39-week (or 200-day) moving average. This moving average has an excellent track record in timing the major (long-term) market cycles. ADVANTAGES:-The advantage of moving average system of this type (i.e., buying and selling when prices break through their moving average) is that you will always be on the "right" side of the market: prices cannot rise very much without the price rising above its average price. The disadvantage is that you will always buy and sell some late. If the trend does not last for a significant period of time, typically twice the length of the moving average, you will lose your money.CANDLE STICK CHARTING:- Candlestick charts have been around for hundreds of years. They areoften referred to as "Japanese candles" because the Japanese would use themto analyze the price of rice contracts. Similar to a bar chart, candlestickBEC DOMS BAGALKOTPage 17
  • 18. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR ATcharts also display the open, close, daily high and daily low. The difference isthe use of color to show if the stock went up or down over the day. The chart below is an example of a candlestick chart for AT&T (T).Green bars indicate the stock price rose, red indicates a decline: Investors seem to have a "love/hate" relationship with candlestickcharts. People either love them and use them frequently or they arecompletely turned off by them. There are several patterns to look for withcandlestick charts - here are a few of the popular ones and what they mean.BEC DOMS BAGALKOTPage 18
  • 19. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT This is a bullish pattern - the stock opened at (or near) its low and closed near its high. The opposite of the pattern above, this is a bearish pattern. It indicates that the stock opened at (or near) its high and dropped substantially to close near its low. Known as "the hammer", this is a bullish pattern only if it occurs after the stock price has dropped for several days. A small body along with a large range identifies a hammer. This pattern indicates that a reversal in the downtrend is in the works. Known as a "star”. For the most part, stars typically indicate a reversal and or indecision. There is a possibility that after seeing a star there will be a reversal or change in the current trend.BEC DOMS BAGALKOTPage 19
  • 20. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT COMPANY ANALISYS MARUTI UDYOG LIMITEDMaruti Udyog Ltd is one of Indias leading automobile manufacturers andthe market leader in the car segment, both in terms of volume of vehiclesBEC DOMS BAGALKOTPage 20
  • 21. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT sold and revenue earned. 18.28% of the company is owned by the government, and 54.2% by Suzuki of Japan. The Indian government held an Initial Public Offering of 25% of the company in June of 2003.The company annually exports more than 30,000 cars and has an extremely large domestic market in India selling over five hundred thousand cars annually. Maruti 800, till 2004, was the Indias largest selling compact car ever since it was launched in 1983. More than a million units of this car have been sold worldwide so far. Currently, Maruti Alto tops the sales charts. Due to the large number of Maruti 800s sold in the Indian market, the term "Maruti" is commonly used to refer to this compact car model. Till recently the term "Maruti", in popular Indian culture, was associated to the Maruti 800 model. The largest selling car from Marutis stable, Maruti 800In the order they were launched: Maruti 800: Launched 1983. Largest selling car in India, till 2004. Maruti Omni: Launched 1984. Maruti Gypsy: Launched 1985. Maruti 1000: Launched 1990 Maruti Zen: Launched 1993 with a facelift in 2003.Production ended in 2006. Maruti Esteem:Launched 1994 Maruti Wagon-R:Launched 1999 Modified 2006 Maruti Baleno:Launched 1999 Maruti Alto:Launched 2000. Currently the largest selling car in India Maruti Grand Vitara:Launched 2003 Maruti Versa: Launched 2004 Maruti Swift: Launched 2005 SERVICES OFFERED:- Authorized Service Stations- Maruti is one of the companies in India which has unparalleled service network. To ensure the vehicles sold by them BEC DOMS BAGALKOTPage 21
  • 22. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR ATare serviced properly Maruti had 1545 listed Authorized service stations and30 Express Service Stations on 30 highways across India. Maruti Finance- To promote its bottom line growth, Maruti launchedMaruti Finance in January 2002. Prior to the start of this service Maruti hadstarted two joint ventures Citicorp Maruti and Maruti Countrywide with CitiGroup and GE Countrywide respectively to assist its client in securing loan.Maruti tied up with ABN Amro Bank, HDFC Bank, ICICI Limited, KotakMahindra, Standard Chartered Bank, and Sundaram to start this ventureincluding its strategic parnters in car finance. Again the company enteredinto a strategic partnership with SBI in March 2003. Since March 2003,Maruti has sold over 12,000 vehicles through SBI-Maruti Finance. SBI-MarutiFinance is currently available in 166 cities across India. Maruti TrueValue- Maruti True Value is a service offered by MarutiUdyog to its customers. It is a market place for used Maruti Vehicles. Onecan buy, sell or exchange used Maruti vehicles with the help of this service inIndi Some Milestones-1983- Launched, hence bringing the first revolution in the Indian car marketin terms of Shape May- 1993, Zen the world car unvieled at a world premier. November- 1994, Esteem the first luxury car on Indian roads launched December- 1999, Baleno, the top end of the luxury car launched. March-2000 WagonR the original tall boy launched. September-2000, Alto launched in three variants.BEC DOMS BAGALKOTPage 22
  • 23. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT TATA MOTORS Tata Motors Limited formerly known as TELCO (TATA Engineering andLocomotive Company), (NYSE: TTM) - is Indias largest passenger automobileand commercial vehicle manufacturing company. It is a part of the TataGroup, and has its headquarters in Mumbai, Maharashtra. One of the worldslargest manufacturers of commercial vehicles and known for its hatchbackpassenger vehicle Tata Indica, Tata Motors has its manufacturing base inJamshedpur, Lucknow, Pune and Singur. The OICA ranked it as the worlds21st largest vehicle manufacturer, based on figures for2006. Tata Motors was established in 1945, when the company beganmaking trains. Tata Motors was first listed on the NYSE in 2004. Tata Motorsgained Rs. 320 billion during 2001-2006 which was among the top 10corporate profits in India. In 2004 it also bought Daewoos truckmanufacturing unit, now known as Tata Daewoo Commercial Vehicle, inSouth Korea. In March 2005, it acquired a 21% stake in Hispano Carrocera SA,giving it controlling rights in the company. On 10 January 2008, Tata Motorslaunched their much awaited Tata Nano, noted for its Rs 100,000 price-tag,at Auto Expo 2008 in Pragati Maidan, Delhi. Tata Motors Limited is Indias largest automobile company, withrevenues of Rs. 32,426 crores (USD 7.2 billion) in 2006-07. It is the leaderby far in commercial vehicles in each segment, and the second largest inthe passenger vehicles market with winning products in the compact,midsize car and utility vehicle segments. The company is the worlds fifthlargest medium and heavy commercial vehicle manufacturer, and theworlds second largest medium and heavy bus manufacturer. The Tata Group is one of Indias largest and most respected businessconglomerates, with revenues in 2006-07 of $28.8 billion, the equivalent ofabout 3.2 per cent of the countrys GDP, and the international revenues ofthe Group in 2006-07 were US$ 10.8 billion, contributing to 38% of the totalGroup revenues. Tata companies together employ over 300,000 people.BEC DOMS BAGALKOTPage 23
  • 24. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR ATAwards: Tata Motors chosen as Indias Most Trusted Brand in Cars... Business today selects Mr. P.P. Kadle as Indias Best CFO in 2005... Tata Motors is Commercial Vehicle Manufacturer of the Year... Industry and Technology Award, 2002. Advertising Awards... Tata Engineering was conferred Bharat Gaurav Puraskar... National Award for R&D Efforts... Best Company Award at Work skills Competition...Corporate Social Responsibility:-Green MattersTata Motors, a Company that cares about the future...True to the tradition of the Tata Group, Tata Motors is committed in letterand spirit to Corporate Social Responsibility. It is a signatory to the UnitedNations Global Compact, and is engaged in community and social initiativeson labour and environment standards in compliance with the principles ofthe Global Compact. In accordance with this, it plays an active role incommunity development, serving rural communities around itsmanufacturing locations. Tata Motors believes in technology for tomorrow.Our products stand testimony to this. Our annual expenditure on R&D isapproximately 2% of our turnover. We have also set up two in-houseBEC DOMS BAGALKOTPage 24
  • 25. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR ATEngineering Research Centers that house Indias only Certified Crash TestFacility. We ensure that our products are environmentally.. MAHINDRA& MAHINDRAFounded in 1945 as a steel trading company, we entered automotivemanufacturing in 1947 to bring the iconic Willys Jeep onto Indian roads.Over the years, we’ve diversified into many new businesses in order tobetter meet the needs of our customers. We follow a unique businessmodel of creating empowered companies that enjoy the best ofentrepreneurial independence and Group-wide synergies. This principlehas led our growth into a US $11.1 billion multinational group with morethan 117,000 employees in over 100 countries across the globe.Today, ouroperations span 17 key industries that form the foundation of every moderneconomy: aerospace, aftermarket, agribusiness, automotive, components,consulting services, defense, energy, farm equipment, finance andinsurance, industrial equipment, information technology, leisure andhospitality, logistics, real estate, retail, and two wheelers.Business Interest of Mahindra Group:-BEC DOMS BAGALKOTPage 25
  • 26. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR ATAutomotive Sector: Mahindra Group is the market leader in utility vehicles inIndia since inception. Mahindra also manufactures and markets utilityvehicles and light commercial vehicles, including three-wheelers. Some ofthe famous automobile brands of Mahindra are: Scorpio and Bolero. Recently,Mahindra joined hands with French automobile major Renault to enterpassenger car segment. It has launched a car called Mahindra Renault Logan.Farm Equipment Sector: Mahindra is the largest producer of tractors in Indiaand is among the top five tractor brands in the world. It has its ownstate-of-the-art plants in India, USA, China and Australia, and a capacity toproduce 1,50,000 tractors a year.Trade & Financial Services: Mahindra Intertrade Limited and its subsidiarieshave specialized domain knowledge in imports and exports of commodities,domestic trading, marketing and distribution services. Mahindra Finance isone of the largest Non Banking Finance Companies in India with an assetbase of about Rs. 5000 crores. Mahindra Insurance Brokers offer Life andNon-life Insurance plans to retail and corporate customers. Mahindra SteelService Centre is the first steel service centre in the organised sector in India.Infrastructure Development: Mahindra Group has interests in real estate,special economic zones, hospitality industry, infrastructure development,project engineering consultancy and design. Mahindra Holidays & Resorts isthe leader in the lifetime holiday market in India. Mahindra Gesco is fastestgrowing Construction Company in India. Mahindra World City is developingand promoting Indias first Integrated Business City. Mahindra AcresConsulting Engineers is a multidisciplinary engineering consultancyorganization.Specialty Businesses: Mahindra Group companies such as MahindraAshTech, Mahindra Defense, Spares Business Unit and Mahindra Logistics areinto Specialty Businesses. Mahindra AshTech undertakes turnkey contractBEC DOMS BAGALKOTPage 26
  • 27. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR ATexecution for Ash Slurry System and Travelling Water Screens. MahindraDefense Systems looks after the requirements of Indias defense and securityforces. Mahindra Logistics provide complete logistics solutions to complextransportation needs of clients across the world.Major Achievements of Mahindra Group Mahindra & Mahindra made the first indigenous Jeep in the country in 1949. Fourth largest tractor company in the world. Largest manufacturer of tractors in India. Largest manufacturer of MUVs, offering over 20 modelBEC DOMS BAGALKOTPage 27
  • 28. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT TECHNICAL ANALISYS ON AUOTOMOBILE SECTORBEC DOMS BAGALKOTPage 28
  • 29. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT MARUTI SUZUKI LTD 10 DAYS MOVING AVG OF MARUTI SUZUKI SCRIP 10 DAYS DATE OPEN HIGH LOW CLOSE MOVING AVG 1-Apr-10 1422 1427.4 1385 1390.7 5-Apr-10 1403.9 1404.9 1386.25 1395.5 6-Apr-10 1408.6 1408.6 1373 1376.35 7-Apr-10 1385 1405 1369.55 1400.4 8-Apr-10 1402 1410 1379.2 1383.15 9-Apr-10 1444.4 1450 1375 1381.15 12-Apr-10 1394 1396 1364.05 1372.05 13-Apr-10 1377 1377 1354 1367 15-Apr-10 1370 1377.9 1351 1354.05 16-Apr-10 1352 1362 1345.1 1350.95 1377.13 19-Apr-10 1324 1346.25 1324 1331.25 1371.185BEC DOMS BAGALKOTPage 29
  • 30. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 20-Apr-10 1339 1365 1333 1352.95 1366.93 21-Apr-10 1360 1379 1352 1375.05 1366.8 22-Apr-10 1380 1398 1369.55 1378.65 1364.625 23-Apr-10 1384 1390.45 1355.9 1361.8 1362.49 26-Apr-10 1384.9 1386.05 1326.5 1335 1357.875 27-Apr-10 1337 1349.1 1280 1283.15 1348.985 28-Apr-10 1270 1288 1258.35 1271.05 1339.39 29-Apr-10 1285 1294 1275.25 1288.35 1332.82 30-Apr-10 1296 1299 1275.2 1279.75 1325.7 3-May-10 1280 1292.9 1265.15 1282.35 1320.81 4-May-10 1288 1293.9 1255 1263.15 1311.83 5-May-10 1250 1289.7 1235 1280.75 1302.4 6-May-10 1280 1289.5 1266 1277.8 1292.315 7-May-10 1261 1286.7 1253 1275.35 1283.67 10-May-10 1285 1299 1278.05 1294.7 1279.64 11-May-10 1305 1305 1267 1270.5 1278.375 12-May-10 1272.25 1286.3 1265.15 1267.8 1278.05 13-May-10 1270.2 1285 1270.2 1274.4 1276.655 14-May-10 1270 1282.85 1246 1257.95 1274.475 17-May-10 1248 1256.6 1236.25 1241.8 1270.42 18-May-10 1247.5 1251.2 1235.5 1242.3 1268.335 19-May-10 1235 1254.75 1225.25 1230.15 1263.275 20-May-10 1236 1239.95 1200.2 1210.45 1256.54 21-May-10 1186.3 1250 1171 1242.15 1253.22 24-May-10 1257.85 1257.85 1206.1 1220.8 1245.83 25-May-10 1207.8 1212 1181 1202 1238.98 26-May-10 1200 1225 1185 1199.25 1232.125 27-May-10 1201 1240 1190.8 1232.7 1227.955 28-May-10 1245 1245 1217.05 1223.1 1224.47 31-May-10 1240 1241.55 1224.25 1236.95 1223.985 1-Jun-10 1240 1297.85 1230 1259.2 1225.675 2-Jun-10 1265 1287.5 1262 1277.65 1230.425 3-Jun-10 1290 1310 1285.75 1296.85 1239.065 4-Jun-10 1291 1335 1285 1331.05 1247.955 7-Jun-10 1285.55 1319 1285.55 1314.2 1257.295 8-Jun-10 1319.9 1337.8 1289 1293.85 1266.48 9-Jun-10 1300 1316.95 1294 1302.3 1276.785 10-Jun-10 1335 1349 1298.1 1345.7 1288.085BEC DOMS BAGALKOTPage 30
  • 31. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 11-Jun-10 1356 1364.9 1340 1356.45 1301.42 14-Jun-10 1363 1367 1345.1 1356.05 1313.33 15-Jun-10 1357 1357 1332.55 1343.95 1321.805 16-Jun-10 1350 1368 1338.25 1364.35 1330.475 17-Jun-10 1366.5 1386 1358.5 1378.95 1338.685 18-Jun-10 1380 1385 1347 1351.2 1340.7 21-Jun-10 1365 1382.2 1358.5 1375.35 1346.815 22-Jun-10 1374.1 1380 1365.7 1369.35 1354.365 23-Jun-10 1365 1413.9 1359.35 1407.35 1364.87 24-Jun-10 1406.8 1417 1371.2 1384.25 1368.725 25-Jun-10 1384 1421.75 1376 1397.05 1372.785 28-Jun-10 1385 1406 1381.1 1396 1376.78 29-Jun-10 1390 1408.9 1378 1388.95 1381.28 30-Jun-10 1381 1434 1370.8 1423.6 1387.205 1-Jul-10 1414 1420 1380 1399.4 1389.25 2-Jul-10 1404 1423 1398 1408.35 1394.965 5-Jul-10 1405 1413.25 1390.45 1395.05 1396.935 6-Jul-10 1400 1400 1385.2 1392 1399.2 7-Jul-10 1398.8 1409.7 1378 1382.8 1396.745 8-Jul-10 1392 1406.9 1386 1403.65 1398.685 9-Jul-10 1404 1430.9 1396.05 1423.1 1401.29 12-Jul-10 1430 1431.9 1405.1 1408.75 1402.565 13-Jul-10 1405 1419 1393.1 1409.7 1404.64 14-Jul-10 1418 1422.5 1388 1394.15 1401.695 15-Jul-10 1360 1394.7 1305 1379.65 1399.72 16-Jul-10 1380 1382.2 1364 1379.55 1396.84 19-Jul-10 1366.4 1391 1362.4 1364.15 1393.75 20-Jul-10 1379 1379 1355 1362.15 1390.765 21-Jul-10 1372 1379 1362 1363.9 1388.875 22-Jul-10 1364 1370 1347.05 1353.75 1383.885 23-Jul-10 1358.5 1374 1346 1358.25 1377.4 26-Jul-10 1300 1300 1185.25 1191.05 1355.63 27-Jul-10 1190 1239.9 1182 1207.9 1335.45 28-Jul-10 1215 1224 1200 1202.5 1316.285 29-Jul-10 1203 1214.7 1191.5 1197.55 1298.075 30-Jul-10 1190.05 1213.8 1190 1198.15 1279.935 2-Aug-10 1215 1217.95 1201.9 1208.4 1264.36 3-Aug-10 1217.4 1220.7 1210 1212.75 1249.42BEC DOMS BAGALKOTPage 31
  • 32. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 4-Aug-10 1215 1221 1208 1213.6 1234.39 5-Aug-10 1225 1240 1219.5 1225.75 1221.59 6-Aug-10 1227 1235 1219.8 1221.2 1207.885 9-Aug-10 1225.95 1234.9 1216.7 1232.45 1212.025 10-Aug-10 1236 1237 1222 1226.05 1213.84 11-Aug-10 1230 1233.9 1210.25 1214.75 1215.065 12-Aug-10 1205 1232 1202.1 1226.25 1217.935 13-Aug-10 1227.9 1254 1220 1249.05 1223.025 16-Aug-10 1250 1271.2 1245.5 1253.75 1227.56 17-Aug-10 1262 1267.95 1247.15 1253.15 1231.6 18-Aug-10 1258 1265 1250.05 1253.5 1235.59 19-Aug-10 1256.5 1266.9 1248 1251.55 1238.17 20-Aug-10 1242 1257 1237 1239.35 1239.985 23-Aug-10 1245 1253 1238 1243.6 1241.1 24-Aug-10 1242 1244 1225 1234.1 1241.905 25-Aug-10 1234 1240 1216.1 1220 1242.43 26-Aug-10 1220.15 1233.95 1213 1226.85 1242.49 27-Aug-10 1228 1244 1210 1217.95 1239.38 30-Aug-10 1231 1247.5 1225.15 1235.15 1237.52 31-Aug-10 1231.8 1261.95 1226.5 1255.9 1237.795 1-Sep-10 1267.65 1280 1265.1 1273.25 1239.77 2-Sep-10 1282 1292 1273.3 1276.05 1242.22 3-Sep-10 1280 1284 1269.9 1272.05 1245.49 6-Sep-10 1281 1313.9 1275.55 1303.2 1251.45 7-Sep-10 1312 1328.15 1308 1317.15 1259.755 8-Sep-10 1318 1336.9 1303.4 1308.35 1268.59 9-Sep-10 1312 1321.65 1292.65 1314.8 1277.385 13-Sep-10 1320 1330 1314.35 1326.2 1288.21 14-Sep-10 1332 1368.9 1332 1346.1 1299.305 15-Sep-10 1347 1379.5 1341 1369.6 1310.675 16-Sep-10 1365.1 1404 1355 1386.75 1322.025 17-Sep-10 1396 1411.6 1381 1387.05 1333.125 20-Sep-10 1387 1402 1379.1 1398.45 1345.765 21-Sep-10 1401 1416.8 1387 1412.75 1356.72 22-Sep-10 1419 1469.4 1419 1463.45 1371.35 23-Sep-10 1464 1470 1444 1459.45 1386.46 24-Sep-10 1459 1484.9 1459 1481.05 1403.085 27-Sep-10 1494 1496 1473.1 1478.15 1418.28BEC DOMS BAGALKOTPage 32
  • 33. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 28-Sep-10 1480 1483.9 1460 1467.05 1430.375 29-Sep-10 1385.85 1482 1385.85 1430.35 1436.45 30-Sep-10 1428 1451 1416.5 1440.95 1441.87 1-Oct-10 1451.55 1491.45 1451.55 1482.6 1451.425 4-Oct-10 1493.85 1499.1 1475 1480.45 1459.625 5-Oct-10 1480.45 1524.8 1479.05 1502.85 1468.635 6-Oct-10 1524 1544 1507.1 1516.1 1473.9 7-Oct-10 1524 1524 1485 1490.15 1476.97 8-Oct-10 1500 1504.5 1471.15 1497.3 1478.595 11-Oct-10 1501 1529 1495 1521.7 1482.95 12-Oct-10 1524 1527.9 1502.3 1519.85 1488.23 13-Oct-10 1531 1565 1519.05 1554.45 1500.64 14-Oct-10 1561 1572 1540 1553.55 1511.9 15-Oct-10 1553.55 1560 1485 1508.5 1514.49 18-Oct-10 1509 1520 1480 1490.45 1515.49 19-Oct-10 1506 1515 1481.2 1493.8 1514.585 20-Oct-10 1481 1507 1481 1489 1511.875 21-Oct-10 1493.1 1519.6 1489 1513.5 1514.21 22-Oct-10 1515 1525.65 1495.3 1502.95 1514.775 25-Oct-10 1507.05 1525 1501.4 1508.65 1513.47 26-Oct-10 1523 1583 1516.8 1562.85 1517.77 27-Oct-10 1565 1574 1512.05 1524.7 1514.795 28-Oct-10 1546.7 1548.7 1500 1522.85 1511.725 29-Oct-10 1520 1557 1515.15 1551.2 1515.995 1-Nov-10 1558 1599.9 1501.15 1508.7 1517.82 2-Nov-10 1510 1524.75 1493.3 1496.65 1518.105 3-Nov-10 1510 1510 1487.05 1495.55 1518.76 4-Nov-10 1500 1514.7 1496.55 1506.55 1518.065 5-Nov-10 1525 1527 1509.1 1513.6 1519.13 8-Nov-10 1500 1514 1485 1488.45 1517.11 9-Nov-10 1495 1506 1465.5 1470.65 1507.89 10-Nov-10 1471 1480 1459.3 1475.2 1502.94 11-Nov-10 1487 1488 1466.25 1470.7 1497.725 12-Nov-10 1471 1473.95 1444.1 1455.15 1488.12 15-Nov-10 1461 1461 1380 1437.85 1481.035 16-Nov-10 1440 1450 1385.2 1399.8 1471.35 18-Nov-10 1428 1437 1377 1429.1 1464.705 19-Nov-10 1425 1427 1386 1406.2 1454.67BEC DOMS BAGALKOTPage 33
  • 34. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 22-Nov-10 1406 1430 1396 1419.75 1445.285 23-Nov-10 1411.1 1453 1395.1 1438.85 1440.325 24-Nov-10 1441.5 1467.8 1401.3 1419.15 1435.175 25-Nov-10 1423.9 1426 1376 1380.85 1425.74 26-Nov-10 1393 1393 1335.2 1364.85 1415.155 29-Nov-10 1367 1415 1364.85 1405.05 1410.145 30-Nov-10 1402 1430.5 1378.5 1423.75 1408.735 1-Dec-10 1422 1447.6 1403 1412.8 1410.035 2-Dec-10 1430 1450 1402 1407.85 1407.91 3-Dec-10 1418.8 1419 1391.1 1399.7 1407.26 6-Dec-10 1405 1417 1389.4 1409.75 1406.26 7-Dec-10 1410 1446 1410 1432.4 1405.615 8-Dec-10 1438 1444.2 1393 1417.5 1405.45 9-Dec-10 1395 1410 1383.3 1392.15 1406.58 10-Dec-10 1390 1417 1368 1411.65 1411.26 13-Dec-10 1415 1433 1403 1420.9 1412.845 14-Dec-10 1406.5 1432 1406.5 1413.55 1411.825 15-Dec-10 1414 1414.75 1391 1394.05 1409.95 16-Dec-10 1420 1420 1366 1381.7 1407.335 20-Dec-10 1385 1426 1346.8 1414.45 1408.81 21-Dec-10 1427 1454.9 1405.15 1428.95 1410.73 22-Dec-10 1430.95 1434 1383.3 1398.75 1407.365 23-Dec-10 1397.5 1400 1385 1392.1 1404.825 24-Dec-10 1396 1401 1368 1392.25 1404.835 27-Dec-10 1399 1409 1387.6 1394.6 1403.13 28-Dec-10 1399.4 1406.4 1385.5 1397.9 1400.83 29-Dec-10 1408 1421.95 1391.55 1416.1 1401.085 30-Dec-10 1425 1437.5 1410 1416.95 1403.375 31-Dec-10 1427 1429.75 1414 1420.6 1407.265 3-Jan-11 1430 1450 1421.3 1427.65 1408.585 4-Jan-11 1437.95 1452.2 1405.15 1429.25 1408.615 5-Jan-11 1427 1435 1412 1415.1 1410.25 6-Jan-11 1425 1425 1366 1372.85 1408.325 7-Jan-11 1384 1384 1340.05 1343.6 1403.46 10-Jan-11 1348 1348 1318 1327.6 1396.76 11-Jan-11 1324 1331 1305 1323.7 1389.34 12-Jan-11 1324.7 1331 1296 1318.5 1379.58 13-Jan-11 1330 1330 1302.1 1313.1 1369.195BEC DOMS BAGALKOTPage 34
  • 35. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 14-Jan-11 1320 1321 1270 1275.3 1354.665 17-Jan-11 1289.95 1298.4 1255 1273.7 1339.27 18-Jan-11 1275 1285.9 1268 1278.55 1324.2 19-Jan-11 1283 1284.5 1266 1272.3 1309.92 20-Jan-11 1270 1270 1247 1263.95 1299.03 21-Jan-11 1265 1270 1243.05 1253.95 1290.065 24-Jan-11 1261 1299 1257 1291.05 1286.41 25-Jan-11 1301 1309 1280 1288.2 1282.86 27-Jan-11 1299 1299 1263 1272.4 1278.25 28-Jan-11 1274 1274 1225 1233.55 1270.295 31-Jan-11 1192 1262.7 1170 1252.8 1268.045 1-Feb-11 1270 1271.9 1233.6 1240.9 1264.765 2-Feb-11 1261 1261 1212.35 1215.85 1258.495 3-Feb-11 1218.8 1228.75 1203.85 1218.85 1253.15 4-Feb-11 1232.8 1236 1176 1183.2 1245.075 7-Feb-11 1209 1209 1180 1193.55 1239.035 8-Feb-11 1204.6 1204.6 1170.2 1178.6 1227.79 9-Feb-11 1179 1188 1151.1 1158.05 1214.775 10-Feb-11 1150 1172.9 1146 1159.75 1203.51 11-Feb-11 1165 1188.8 1151 1184.3 1198.585 14-Feb-11 1206 1225 1199 1220.5 1195.355 15-Feb-11 1218 1242 1212.05 1236.9 1194.955 16-Feb-11 1235 1238.15 1221.5 1230.35 1196.405 17-Feb-11 1227.4 1240 1216.2 1229.5 1197.47 18-Feb-11 1238 1256 1220.2 1228.8 1202.03 21-Feb-11 1240 1240 1185.35 1212.65 1203.94 22-Feb-11 1186.1 1205 1177.2 1183.75 1204.455 23-Feb-11 1181 1201 1181 1193.8 1208.03 24-Feb-11 1180 1195 1155.6 1173.35 1209.39 25-Feb-11 1178 1197 1145.5 1170.75 1208.035 28-Feb-11 1184 1227 1158 1206.7 1206.655 1-Mar-11 1215.7 1313 1209.5 1292.9 1212.255 3-Mar-11 1289.8 1345 1270 1328.25 1222.045 4-Mar-11 1325 1341.8 1300 1313.75 1230.47 7-Mar-11 1276.65 1289.95 1251 1264.7 1234.06 8-Mar-11 1264.6 1275 1246 1256.5 1238.445 9-Mar-11 1262 1283.8 1258.55 1266.1 1246.68 10-Mar-11 1270 1284.5 1257.2 1269.1 1254.21BEC DOMS BAGALKOTPage 35
  • 36. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 11-Mar-11 1260 1277.95 1239.2 1252.7 1262.145 14-Mar-11 1245 1283 1218.35 1259.25 1270.995 15-Mar-11 1220 1227.7 1200.05 1214.5 1271.775 16-Mar-11 1215.1 1228 1215.1 1223.6 1264.845 17-Mar-11 1214.95 1214.95 1161 1169.25 1248.945 18-Mar-11 1180.15 1202 1150 1158.3 1233.4 21-Mar-11 1161 1166 1125.9 1131.35 1220.065 22-Mar-11 1136 1179.3 1134 1171.85 1211.6 23-Mar-11 1171.85 1180.1 1156.45 1175.65 1202.555 24-Mar-11 1176 1185 1160.15 1168.6 1192.505 25-Mar-11 1180 1184.5 1162 1181.8 1185.415 28-Mar-11 1189 1210 1181.1 1201.8 1179.67 29-Mar-11 1200 1248 1200 1239.25 1182.145 30-Mar-11 1244 1296 1239.3 1275.65 1187.35 31-Mar-11 1268.9 1286.9 1240 1263.55 1196.78CHART ANALYSIS:-MARUTI SUZUKIINTERPRETATION:- Here, the Moving Average is below to the closing line. In this Graph,we can observe that moving Average of Maruti Suzuki Ltd. Stock has beendecreased. So, it is giving clear picture of future movement of the scrip. And,if we observe the trend of this graph then we can also notice that MovingAverage line has been decreased.ANALYSIS:- Here, in this graph moving average line has been decreased and belowto the actual line so it‘s provides a message to the investor that it’s a righttime to buy the security of Maruti Suzuki Ltd.BEC DOMS BAGALKOTPage 36
  • 37. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT TATA MOTORSBEC DOMS BAGALKOTPage 37
  • 38. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 10 DAYS MOVING AVG OF TATA MOTORS SCRIP HIGH LOW CLOSE 10 DAYS DATE OPEN PRICE PRICE PRICE PRICE MOVING AVG1-Apr-10 755 780 755 775.9 -5-Apr-10 789.9 789.9 768.1 780.85 -6-Apr-10 783 784.9 768.1 774.3 -7-Apr-10 774 796.35 774 793.05 -8-Apr-10 792.4 793 771.1 773.95 -9-Apr-10 779 814.7 779 808.85 -12-Apr-10 811 811 780 782.65 -13-Apr-10 775 785 761.05 774.65 -15-Apr-10 783 797.6 772.2 775.7 -16-Apr-10 780 789 772 784.65 782.45519-Apr-10 773.1 779.4 763.5 775.45 782.4120-Apr-10 776.2 798.9 775.5 792 783.52521-Apr-10 799.7 812 793.05 809.15 787.0122-Apr-10 803.6 854 803.2 836.15 791.3223-Apr-10 845 849.5 827.65 844.6 798.38526-Apr-10 849.8 860.8 845 850.75 802.57527-Apr-10 849 854.9 843.4 846.85 808.99528-Apr-10 830 843.65 819.1 821.45 813.67529-Apr-10 830 849.4 822.1 842.85 820.3930-Apr-10 847 877.9 847 872.85 829.213-May-10 871.5 882.2 848 855.55 837.224-May-10 865 869.3 839 842.2 842.245-May-10 830 842.1 816.55 835.65 844.896-May-10 832 834.35 808.15 814.6 842.735BEC DOMS BAGALKOTPage 38
  • 39. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT7-May-10 801 802.45 756.55 762.5 834.52510-May-10 780 817 772 813.75 830.82511-May-10 820 821 794.7 799.5 826.0912-May-10 801 811.4 791.2 802.75 824.2213-May-10 811 835.5 811 831.1 823.04514-May-10 829.6 831.5 811.1 815.75 817.33517-May-10 808 810 776.4 788.95 810.67518-May-10 795 795 766.2 771.55 803.6119-May-10 763.9 765 706.65 714.5 791.49520-May-10 720 732 696.1 712.1 781.24521-May-10 689.8 714.8 675.1 710.3 776.02524-May-10 715 739.95 701.6 706.6 765.3125-May-10 699.8 699.8 670 673.7 752.7326-May-10 684.2 713.4 679.1 709.25 743.3827-May-10 711.6 749.9 704.05 742.9 734.5628-May-10 750 774 743.6 748 727.78531-Ma 10 754.2 764.4 741.3 754.65 724.3551-Jun-10 745 758.5 722.1 725.65 719.7652-Jun-10 729 747.95 726.2 744.55 722.773-Jun-10 751 771.8 751 767.3 728.294-Jun-10 760 775 755.55 772 734.467-Jun-10 760 760 734.25 739.2 737.728-Jun-10 738.5 756 731.15 736.15 743.9659-Jun-10 735 744.7 723.4 728.1 745.8510-Jun-10 734 762.8 730 759.45 747.50511-Jun-10 770 772.65 758.1 765.05 749.2114-Jun-10 771 773 755 760.25 749.7715-Jun-10 761 769.2 749.65 760.05 753.2116-Jun-10 770 788 766.95 778.2 756.57517-Jun-10 779 803.8 778 800 759.84518-Jun-10 800 810.8 793 799.45 762.5921-Jun-10 810 822 805.85 808.3 769.522-Jun-10 805 808 792.3 798.05 775.6923-Jun-10 798 806.9 787.25 790.7 781.9524-Jun-10 795 797.7 782.2 784.95 784.5 BEC DOMS BAGALKOTPage 39
  • 40. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT25-Jun-10 780 789.35 766.15 769.45 784.9428-Jun-10 775 791.4 765 787.5 787.66529-Jun-10 785 787 765.3 768.5 788.5130-Jun-10 760 781.4 759.2 778.35 788.525 1-Jul-10 773.6 774 760.4 762.95 784.82 2-Jul-10 764.95 775.9 763.15 767 781.575 5-Jul-10 764 779.8 761.2 765 777.245 6-Jul-10 764.8 771.8 760 767.95 774.235 7-Jul-10 766.6 768.95 748.55 750.9 770.255 8-Jul-10 764 765.9 754.65 756.05 767.365 9-Jul-10 761.1 772.9 758.4 770.6 767.4812-Jul-10 775 792.1 774.5 788.45 767.57513-Jul-10 792 804.95 786.7 802.9 771.01514-Jul-10 805 814.5 794.3 798.8 773.0615-Jul-10 800 812.4 791.65 810.1 777.77516-Jul-10 812.9 833 808 831.6 784.23519-Jul-10 824 833.95 822 825.45 790.2820-Jul-10 829 832.9 808.9 812.5 794.73521-Jul-10 815.2 825.5 815.2 820.95 801.7422-Jul-10 818.1 840 816.3 835.6 809.69523-Jul-10 842 846.9 832.55 837.45 816.3826-Jul-10 839.4 840.5 816.4 818.65 819.427-Jul-10 810 848.5 810 844.55 823.56528-Jul-10 845.15 856.3 844 851.95 828.8829-Jul-10 853.1 869 845.5 865.7 834.4430-Jul-10 859.9 861.1 843.3 846.15 835.8952-Aug-10 855 863.15 842.6 847.6 838.113-Aug-10 853 854 839.6 841.9 841.054-Aug-10 844.65 846.5 835 843.15 843.275-Aug-10 843.15 865.55 843.05 860.85 845.7956-Aug-10 855 900.9 855 894.35 851.4859-Aug-10 895 920.8 894 918.95 861.51510-Aug-10 909.3 967.3 820.25 957.3 872.7911-Aug-10 968.8 1023.55 964 1006.65 888.2612-Aug-10 999 1031.8 990.4 1024 904.09 BEC DOMS BAGALKOTPage 40
  • 41. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT13-Aug-10 1020 1027.7 1008.8 1017 921.17516-Aug-10 1009 1022.75 992.8 1001.55 936.5717-Aug-10 1007 1018.15 998.3 1005.5 952.9318-Aug-10 998 1055 998 1047.6 973.37519-Aug-10 1046.7 1048.65 1032.4 1040.1 991.320-Aug-10 1035 1037.7 1013 1015 1003.36523-Aug-10 1024 1025 1005.9 1014.6 1012.9324-Aug-10 1014.5 1019.75 1007 1010.15 1018.21525-Aug-10 1006 1013.8 983.5 991.8 1016.7326-Aug-10 993.25 1018 985 997.65 1014.09527-Aug-10 1000 1012 987.5 990.7 1011.46530-Aug-10 996 1010 980.8 991.45 1010.45531-Aug-10 986 1012 982.85 1007.45 1010.651-Sep-10 1015 1019.6 1002 1008.55 1006.7452-Sep-10 1018.2 1032.5 1014.1 1017.05 1004.443-Sep-10 1022 1024.1 1010.05 1012.55 1004.1956-Sep-10 1016.55 1039 1016.55 1034.75 1006.217-Sep-10 1030 1060.7 1030 1038.05 10098-Sep-10 1033 1043.05 1026 1031.8 10139-Sep-10 1038.7 1042.7 1008.6 1015.5 1014.78513-Sep-10 1023.25 1033.9 1017.1 1026.4 1018.35514-Sep-10 1028 1067.5 1024.35 1054.45 1024.65515-Sep-10 1065 1077.2 1019 1024.3 1026.3416-Sep-10 1025.1 1040.8 1020 1028.8 1028.36517-Sep-10 1035 1047.5 1030 1035.65 1030.22520-Sep-10 1045 1059.3 1037.7 1056.2 1034.5921-Sep-10 1064.9 1082 1050.8 1077.4 1038.85522-Sep-10 1082 1089.3 1060.6 1070.65 1042.11523-Sep-10 1069 1080 1063 1072.2 1046.15524-Sep-10 1070.8 1076.6 1062.5 1070.35 1051.6427-Sep-10 1075 1091.7 1070.8 1083.7 1057.3728-Sep-10 1073 1089 1067.25 1079.55 1059.8829-Sep-10 1083.2 1109.85 1080 1106.65 1068.11530-Sep-10 1110 1111 1086.1 1097.3 1074.9651-Oct-10 1100 1155.75 1100 1118.85 1083.285 BEC DOMS BAGALKOTPage 41
  • 42. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT4-Oct-10 1120.1 1147.4 1120 1139.6 1091.6255-Oct-10 1140 1145 1129.25 1134.35 1097.326-Oct-10 1144.9 1151.65 1132 1137.05 1103.967-Oct-10 1140 1148 1116.2 1126.35 1109.3758-Oct-10 1133 1139.7 1092 1104.9 1112.8311-Oct-10 1115 1151.4 1114 1149.7 1119.4312-Oct-10 1155 1165 1145.9 1156.7 1127.14513-Oct-10 1162 1180.5 1150.4 1176.3 1134.1114-Oct-10 1182 1194.8 1173.85 1183.05 1142.68515-Oct-10 1186 1188.95 1150.5 1156.55 1146.45518-Oct-10 1159.4 1176.85 1131.35 1169.25 1149.4219-Oct-10 1177 1184.95 1164 1170.4 1153.02520-Oct-10 1165 1175 1150 1155.55 1154.87521-Oct-10 1160 1178 1160 1166.45 1158.88522-Oct-10 1170 1174.5 1146 1152.3 1163.62525-Oct-10 1158 1188.35 1158 1184.6 1167.11526-Oct-10 1184.75 1197 1178.4 1191.8 1170.62527-Oct-10 1191 1201 1182.55 1194.25 1172.4228-Oct-10 1200 1206.6 1185 1190.5 1173.16529-Oct-10 1188 1194.75 1141.5 1159.45 1173.4551-Nov-10 1176 1182.9 1164 1170.35 1173.5652-Nov-10 1179.4 1179.4 1144.05 1153.9 1171.9153-Nov-10 1164 1192 1163.5 1185.3 1174.894-Nov-10 1190.25 1240 1178.3 1233.1 1181.5555-Nov-10 1248 1254.95 1240.1 1245.6 1190.8858-Nov-10 1250 1277.9 1243 1268 1199.2259-Nov-10 1272.5 1294.7 1262 1270.55 1207.110-Nov-10 1350 1350 1296.8 1302.15 1217.8911-Nov-10 1315 1323.65 1265 1276.5 1226.4912-Nov-10 1268 1291.1 1240.2 1245.55 1235.115-Nov-10 1250 1257.9 1225.1 1252.3 1243.29516-Nov-10 1260 1265 1189 1206.55 1248.5618-Nov-10 1212.25 1237.9 1177 1230.9 1253.1219-Nov-10 1237 1244.95 1178.15 1190.05 1248.81522-Nov-10 1202.55 1232.7 1192 1227.95 1247.05BEC DOMS BAGALKOTPage 42
  • 43. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT23-Nov-10 1217 1229 1181 1213.65 1241.61524-Nov-10 1216 1259.85 1207.05 1217.5 1236.3125-Nov-10 1231.9 1249.9 1200.05 1206.3 1226.72526-Nov-10 1212.3 1217.8 1137.7 1166.5 1215.72529-Nov-10 1166 1193.4 1145 1186 1209.7730-Nov-10 1182.9 1244.45 1164 1237.1 1208.251-Dec-10 1230.2 1303 1227 1288.15 1216.412-Dec-10 1295.5 1328.7 1295.5 1320.35 1225.3553-Dec-10 1315 1346 1302.2 1314.85 1237.8356-Dec-10 1323 1381.4 1322 1358.5 1250.897-Dec-10 1354 1354 1312.8 1331.9 1262.7158-Dec-10 1330 1346.1 1296 1335.2 1274.4859-Dec-10 1339.7 1340 1257.25 1272.3 1281.08510-Dec-10 1269.4 1269.4 1212.85 1248.1 1289.24513-Dec-10 1258 1292.85 1253 1275.85 1298.2314-Dec-10 1283.8 1311.95 1268.55 1303.8 1304.915-Dec-10 1296.55 1335.25 1290 1320.2 1308.10516-Dec-10 1316 1368.8 1292 1347.95 1310.86520-Dec-10 1334 1359.7 1323 1344.2 1313.821-Dec-10 1348.45 1363.65 1334.15 1349.55 1312.90522-Dec-10 1355 1372 1346.8 1365.6 1316.27523-Dec-10 1365.45 1368.85 1336 1348.8 1317.63524-Dec-10 1345 1345 1302.1 1306.1 1321.01527-Dec-10 1303.9 1320 1293.8 1300.6 1326.26528-Dec-10 1304.55 1306.9 1262.05 1267.7 1325.4529-Dec-10 1268 1279.75 1252.05 1272.35 1322.30530-Dec-10 1277 1299 1273 1296.2 1319.90531-Dec-10 1304.95 1313.5 1296.6 1306.3 1315.743-Jan-11 1321 1334.3 1302.85 1306.45 1311.9654-Jan-11 1312 1321 1287 1300.5 1307.065-Jan-11 1297 1310 1275.15 1282.4 1298.746-Jan-11 1287.55 1301 1250 1259.05 1289.7657-Jan-11 1258 1263.95 1177.7 1189.5 1278.10510-Jan-11 1190 1206.75 1158 1178.25 1265.8711-Jan-11 1184.9 1199 1142.45 1160.3 1255.13BEC DOMS BAGALKOTPage 43
  • 44. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT12-Jan-11 1180 1219.45 1175.8 1216.4 1249.53513-Jan-11 1218 1245 1209.5 1235.65 1243.4814-Jan-11 1223 1225.9 1174 1178.6 1230.7117-Jan-11 1180.5 1190 1155 1180.2 1218.08518-Jan-11 1184 1207.55 1182.6 1198.85 1207.9219-Jan-11 1204.45 1207 1182.55 1193.55 1199.03520-Jan-11 1180 1204.4 1162.55 1195.7 1192.721-Jan-11 1188 1203 1175.1 1188.2 1192.5724-Jan-11 1187.7 1198 1175.1 1188 1193.54525-Jan-11 1196.25 1198 1158 1165.3 1194.04527-Jan-11 1179.1 1199.2 1171.05 1194.25 1191.8328-Jan-11 1186.75 1187 1121.85 1145.7 1182.83531-Jan-11 1123 1158.1 1113 1148.25 1179.81-Feb-11 1153 1155.5 1062.85 1068.8 1168.662-Feb-11 1080 1125.95 1079 1110.85 1159.863-Feb-11 1105 1162 1093.2 1156.15 1156.124-Feb-11 1153.9 1188 1140.25 1149.6 1151.517-Feb-11 1144 1159.25 1111 1145.9 1147.288-Feb-11 1145 1156.9 1104 1113.1 1139.799-Feb-11 1100 1118.45 1055.55 1077.35 1130.99510-Feb-11 1079.9 1117 1073.3 1102.9 1121.8611-Feb-11 1113.9 1166.2 1097.8 1144.65 1121.75514-Feb-11 1188.1 1221.25 1188 1208.75 1127.80515-Feb-11 1209 1248 1201.1 1237.85 1144.7116-Feb-11 1236.75 1248 1218 1238.45 1157.4717-Feb-11 1234.9 1256 1225.15 1250.8 1166.93518-Feb-11 1250 1258 1198.35 1201.95 1172.1721-Feb-11 1209 1209 1135.2 1161.95 1173.77522-Feb-11 1151.8 1153.7 1123.65 1137.35 1176.223-Feb-11 1131 1163 1128 1144.5 1182.91524-Feb-11 1140 1141.7 1043.2 1058.25 1178.4525-Feb-11 1082 1115.6 1071.6 1105.1 1174.49528-Feb-11 1117 1125 1055 1081.8 1161.81-Mar-11 1097 1144 1097 1140.4 1152.0553-Mar-11 1136 1183.7 1119.85 1175.5 1145.76BEC DOMS BAGALKOTPage 44
  • 45. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT4-Mar-11 1187.1 1194 1162.3 1169.8 1137.667-Mar-11 1155 1155.9 1121 1127.25 1130.198-Mar-11 1125.9 1162 1125.9 1160.05 11309-Mar-11 1171 1176.3 1153.25 1161.95 1132.4610-Mar-11 1167.25 1174.5 1152.65 1163.75 1134.38511-Mar-11 1157.9 1170 1131.5 1157.45 1144.30514-Mar-11 1156 1174 1140.55 1168.95 1150.6915-Mar-11 1140 1158.65 1128.65 1143.45 1156.85516-Mar-11 1151.1 1169.9 1147.3 1162.7 1159.08517-Mar-11 1148 1161.25 1138.2 1142.75 1155.8118-Mar-11 1148.55 1152.4 1112.75 1117.95 1150.62521-Mar-11 1129 1132 1114.6 1122.35 1150.13522-Mar-11 1128.9 1143.9 1128.9 1136 1147.7323-Mar-11 1128 1143 1125.65 1136.75 1145.2124-Mar-11 1145.2 1158 1145.2 1155.55 1144.3925-Mar-11 1170.15 1189.4 1161 1181.85 1146.8328-Mar-11 1188.15 1224.95 1188.15 1220.3 1151.96529-Mar-11 1228.2 1246.35 1212.6 1239.2 1161.5430-Mar-11 1240 1258 1238.1 1247.05 1169.97531-Mar-11 1251 1260 1221 1247.5 1180.45BEC DOMS BAGALKOTPage 45
  • 46. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR ATCHART:- TATA MOTORSINTERPRETATION:- Here, In this case, Moving Average is below to the actual line. In thisGraph, we can see that the moving average of Tata Motors Stock has beenincreasing. So, it is giving clear picture of future movement of the scrip tothe investors.ANALYSIS:- This Graph provides a message to the investor that the bothstock price are increasing so it indicates that it is not right time to buy thesecurity it’s time to sell the security.BEC DOMS BAGALKOTPage 46
  • 47. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT Mahindra & Mahindra10 DAYS MOVING AVERAGE OF M&M SCRIP OPEN HIGH LOW CLOSE 10 DAYS DATE PRICE PRICE PRICE PRICE MOVING AVG 1-Apr-10 550.4 555.7 528.3 533.8 5-Apr-10 537.3 548.8 535.5 547.15 6-Apr-10 550 552.95 533.1 534.25 7-Apr-10 539.7 541.25 525 529.95 8-Apr-10 536 544 522.55 525.15 9-Apr-10 530 533 522.2 528.25 12-Apr-1 0 532 532.6 516.5 517.7BEC DOMS BAGALKOTPage 47
  • 48. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 13-Apr-1 0 519 520.25 505.2 508.4 15-Apr-1 0 511.9 518.7 508.6 510.35 16-Apr-1 0 510 514 500 502.65 523.765 19-Apr-1 0 498.5 509.2 491 503.65 520.75 20-Apr-1 0 505 519 504 510.75 517.11 21-Apr-1 0 512.05 515.9 506 508.65 514.55 22-Apr-1 0 508.65 517.75 505.1 508.35 512.39 23-Apr-1 0 509 523.2 504 520.55 511.93 26-Apr-1 0 525 532 522 528.4 511.945 27-Apr-1 0 535 540.4 528.75 537.05 513.88 28-Apr-1 0 532 537.05 521 524.75 515.515 29-Apr-1 0 524.75 533.5 519.1 524.1 516.89 30-Apr-1 0 530 531.5 519.55 526.1 519.235 3-May-10 524 535.8 522.55 526.05 521.475 4-May-10 530 534.95 512.5 516.9 522.09 5-May-10 501 527 501 521.3 523.355 6-May-10 518.85 523 508.5 519.35 524.455 7-May-10 510 526.5 507 523.3 524.73 10-May-1 0 532 555 528.4 553.7 527.26 11-May-1 0 555 566.05 551 562.05 529.76 12-May-1 0 561 566 536.4 546.3 531.915 13-May-1 0 547 575 547 565 536.005 14-May-1 0 560 567 554.6 559.85 539.38 17-May-1 0 550 561 543 557.8 542.555 18-May-1 0 558 568.9 547.75 559.8 546.845 19-May-1 0 555 559.5 515 526.65 547.38 20-May-1 0 528.65 540.85 517.7 522 547.645BEC DOMS BAGALKOTPage 48
  • 49. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 21-May-1 0 510 542.7 505.05 539.45 549.26 24-May-1 0 549.5 556.9 524 529.3 546.82 25-May-1 0 525 538.6 509 516.15 542.23 26-May-1 0 533.8 538.55 514 519.45 539.545 27-May-1 0 520 540 519 528.7 535.915 28-May-1 0 538.95 549.8 535.05 545.05 534.435 31-May-1 0 553 577.6 552 572.45 535.9 1-Jun-10 573.5 583.5 558.2 563.9 536.31 2-Jun-10 569.7 578 564.5 574.2 541.065 3-Jun-10 584 589 576 582.75 547.14 4-Jun-10 583 587 572 585.2 551.715 7-Jun-10 570.6 585.9 560 578.4 556.625 8-Jun-10 580.1 585.5 569.4 571 562.11 9-Jun-10 572 582.95 572 577.2 567.885 10-Jun-1 0 577.95 600 577.95 591.9 574.205 11-Jun-1 0 597.15 616 595 604.4 580.14 14-Jun-1 0 611.15 616.3 607 612.75 584.17 15-Jun-1 0 614.95 617.95 605 607.85 588.565 16-Jun-1 0 616 636.25 610 630.25 594.17 17-Jun-1 0 631.35 641.8 627 631.65 599.06 18-Jun-1 0 633.9 641 615 619.25 602.465 21-Jun-1 0 625 639.9 625 637 608.325 22-Jun-1 0 639 644.9 628.9 632.9 614.515 23-Jun-1 0 630 636.45 627.3 630.75 619.87 24-Jun-1 0 634 637.55 620 632.45 623.925 25-Jun-1 0 630.5 635.4 610.5 614.7 624.955 28-Jun-1 0 610 627 608 622.2 625.9 29-Jun-1 625 627 610 614.45 626.56BEC DOMS BAGALKOTPage 49
  • 50. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 0 30-Jun-1 0 614 630 605 625.25 626.06 1-Jul-10 625 629 614 615.8 624.475 2-Jul-10 615.8 621.8 601 602.3 622.78 5-Jul-10 605.1 614 600 610.3 620.11 6-Jul-10 613.75 629 611 626.6 619.48 7-Jul-10 627.5 629.85 619 621.25 618.53 8-Jul-10 622 632.6 619 622.8 617.565 9-Jul-10 628 640.75 626.5 638.45 619.94 12-Jul-10 643 648 632.1 637.9 621.51 13-Jul-10 639 641.75 623 631.8 623.245 14-Jul-10 638.5 640 614.15 616.4 622.36 15-Jul-10 614 620.95 609.55 616.8 622.46 16-Jul-10 619 623 601.1 604.1 622.64 19-Jul-10 600 613.95 596.1 607.4 622.35 20-Jul-10 609.4 614 600 602.05 619.895 21-Jul-10 600 620.5 595.2 616.9 619.46 22-Jul-10 618.7 633.85 618.7 632.3 620.41 23-Jul-10 640 655 625.1 627 619.265 26-Jul-10 630 646 618.1 619.7 617.445 27-Jul-10 619.7 642.9 619 639.7 618.235 28-Jul-10 644.95 655.7 638.2 643.95 620.99 29-Jul-10 647.8 652 636 644.1 623.72 30-Jul-10 645 664.7 638 661.5 629.46 2-Aug-10 664 669.75 653.1 660.4 634.76 3-Aug-10 677 677 650.05 652.85 639.84 4-Aug-10 652.9 656 642.5 653.9 643.54 5-Aug-10 658 659.8 642.55 645.1 644.82 6-Aug-10 645 658 641 649.35 647.055 9-Aug-10 651 658 645 650.3 650.115 10-Aug-1 0 651 656.5 637 640.45 650.19 11-Aug-1 0 642 646.85 620.65 627.65 648.56 12-Aug-1 0 626 645 615.3 632.65 647.415 13-Aug-1 0 638 640 625 627.65 644.03 16-Aug-1 0 550 636 550 622.9 640.28 17-Aug-1 626.15 629.7 616.4 621.6 637.155BEC DOMS BAGALKOTPage 50
  • 51. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 0 18-Aug-1 0 624.9 624.9 611 617.9 633.555 19-Aug-1 0 627.9 634 615.1 616 630.645 20-Aug-1 0 617 622 610 617.75 627.485 23-Aug-1 0 630 634.5 620.65 624.05 624.86 24-Aug-1 0 630 630 615.25 617.05 622.52 25-Aug-1 0 617.1 619.45 606.45 615.15 621.27 26-Aug-1 0 620 624.35 609.1 619.3 619.935 27-Aug-1 0 621 621 608 610.6 618.23 30-Aug-1 0 616 619 604.3 609.05 616.845 31-Aug-1 0 607 630 605 626.4 617.325 1-Sep-10 631 636.9 625.3 628.2 618.355 2-Sep-10 632 634.9 625.45 627.25 619.48 3-Sep-10 631 640 627 630.8 620.785 6-Sep-10 633.2 637.4 630.3 633.45 621.725 7-Sep-10 634 639.9 626 629.65 622.985 8-Sep-10 630 637.2 628 635.35 625.005 9-Sep-10 635 656.9 635 655.4 628.615 13-Sep-1 0 659.7 665 652.1 660.55 633.61 14-Sep-1 0 655 677.8 655 670.05 639.71 15-Sep-1 0 672 684.45 669 676.4 644.71 16-Sep-1 0 674 682.8 665.6 673.05 649.195 17-Sep-1 0 677.1 685 676.3 679 654.37 20-Sep-1 0 684.95 692 676.25 687.75 660.065 21-Sep-1 0 689 704.9 679 681.9 664.91 22-Sep-1 0 695 744.7 672.65 682.95 670.24 23-Sep-1 0 687.8 694 683.1 690.55 675.76 24-Sep-1 0 694 694.75 685 690.2 679.24BEC DOMS BAGALKOTPage 51
  • 52. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 27-Sep-1 0 693.85 703.9 690 694.15 682.6 28-Sep-1 0 700 716.4 696.9 711.8 686.775 29-Sep-1 0 725 725 696.05 698.4 688.975 30-Sep-1 0 699 704.5 688.75 693.3 691 1-Oct-10 700 716 698.5 713.5 694.45 4-Oct-10 719 742.95 719 731.4 698.815 5-Oct-10 738 750 731.4 745.35 705.16 6-Oct-10 749.95 758.7 737 739.6 710.825 7-Oct-10 737.5 745.6 719 725.7 714.34 8-Oct-10 731.6 732.5 695 705.8 715.9 11-Oct-1 0 717 717 701.15 706.65 717.15 12-Oct-1 0 711.8 719.05 705.85 715.9 717.56 13-Oct-1 0 725 738 714.45 735.7 721.29 14-Oct-1 0 740 743.95 711 718.9 723.85 15-Oct-1 0 720 726 706 710.6 723.56 18-Oct-1 0 714.35 715.9 687.8 701.15 720.535 19-Oct-1 0 706.55 712 697 700.1 716.01 20-Oct-1 0 700 709.5 694.05 697.15 711.765 21-Oct-1 0 700 715 698.1 712.8 710.475 22-Oct-1 0 718 718 699.5 701 709.995 25-Oct-1 0 708 721 703 715.55 710.885 26-Oct-1 0 719.8 728.45 715 717.7 711.065 27-Oct-1 0 717 733.8 717 729.4 710.435 28-Oct-1 0 732 739.85 721.5 733.5 711.895 29-Oct-1 0 740 745 706 731.85 714.02 1-Nov-10 736.2 770.65 728 765.9 720.495 2-Nov-10 769.1 772 750.6 757.15 726.2 3-Nov-10 764 769.7 752.5 759.55 732.44BEC DOMS BAGALKOTPage 52
  • 53. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 4-Nov-10 765 794 765 777.7 738.93 5-Nov-10 785.15 794 785.15 790.85 747.915 8-Nov-10 795.25 797 774.6 776.55 754.015 9-Nov-10 787.2 791.55 772 781.2 760.365 10-Nov-1 0 781 808.95 781 805 767.925 11-Nov-1 0 810 826.4 806.1 813.05 775.88 12-Nov-1 0 810 815 770.25 774.4 780.135 15-Nov-1 0 766.5 804 766.5 799.95 783.54 16-Nov-1 0 800.9 800.95 775.1 778 785.625 18-Nov-1 0 781 793 760.7 780.4 787.71 19-Nov-1 0 785.9 785.9 748.05 753.15 785.255 22-Nov-1 0 758 772.9 734.7 766.35 782.805 23-Nov-1 0 769.9 779.4 744.35 759.7 781.12 24-Nov-1 0 767 797 767 784.25 781.425 25-Nov-1 0 790 798.25 767 781.25 779.05 26-Nov-1 0 783.6 790 751 757.65 773.51 29-Nov-1 0 760 774 745 768.55 772.925 30-Nov-1 0 772.1 782 757 766.3 769.56 1-Dec-10 774.8 804.9 767.9 801 771.86 2-Dec-10 808 814 781.5 789.35 772.755 3-Dec-10 792 804.3 789 798.75 777.315 6-Dec-10 800.55 809.8 789.35 792.05 779.885 7-Dec-10 793 805 793 800.65 783.98 8-Dec-10 794.5 796.85 783.2 787.5 784.305 9-Dec-10 790 792.4 751.7 760.5 782.23 10-Dec-1 0 760 782.45 750 777.65 784.23 13-Dec-1 0 788 788 759.95 767.9 784.165 14-Dec-1 0 766 767 752.75 757.6 783.295 15-Dec-1 0 755 769.7 747.1 753.15 778.51BEC DOMS BAGALKOTPage 53
  • 54. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 16-Dec-1 0 754 754 722.1 732.6 772.835 20-Dec-1 0 739.9 754.9 725 745.8 767.54 21-Dec-1 0 749.8 757.9 747 753.8 763.715 22-Dec-1 0 759 764.95 753.35 757.55 759.405 23-Dec-1 0 760 762.8 744.95 751.5 755.805 24-Dec-1 0 752 764.7 743 760.75 755.83 27-Dec-1 0 760 766.7 756 758.4 753.905 28-Dec-1 0 759 768.45 750.85 763.9 753.505 29-Dec-1 0 764.5 774.65 754.3 773.4 755.085 30-Dec-1 0 775 781.9 772.45 775.7 757.34 31-Dec-1 0 775.9 784.5 775.35 777.55 761.835 3-Jan-11 792 801.9 785 787.05 765.96 4-Jan-11 789.9 792 777.6 780.2 768.6 5-Jan-11 780.2 788.3 766 771.05 769.95 6-Jan-11 775 776.75 758.55 769.9 771.79 7-Jan-11 765 766 732.1 738.6 769.57510-Jan-11 738 750 722.1 729.2 766.65511-Jan-11 730 742.55 727.2 735.5 763.81512-Jan-11 742 753.5 725.2 751.05 761.5813-Jan-11 757.95 757.95 732.8 738.1 757.8214-Jan-11 735 752.9 730 739.05 753.9717-Jan-11 739 746 730 737.4 749.00518-Jan-11 739 752 737.65 746.5 745.63519-Jan-11 748 766 746.5 751.1 743.6420-Jan-11 748.1 764.7 748.1 760.4 742.6921-Jan-11 757.25 775.7 755.15 771.05 745.93524-Jan-11 771.1 793 771.1 788.2 751.83525-Jan-11 791 799 767.05 770.5 755.33527-Jan-11 776 776 726.15 733 753.5328-Jan-11 733.2 735.7 677.2 696.85 749.40531-Jan-11 684 716 680 712.05 746.705 1-Feb-11 720 721 697.05 705.05 743.47 2-Feb-11 710 720 692.2 701.2 738.94BEC DOMS BAGALKOTPage 54
  • 55. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 3-Feb-11 699 711.95 695 705.85 734.415 4-Feb-11 706 706 655.15 668.35 725.21 7-Feb-11 676.5 680.8 663 668.55 714.96 8-Feb-11 675.5 676.05 625 628.65 699.005 9-Feb-11 626.35 666 620 654.2 687.375 10-Feb-1 1 654 661.6 642.05 654.4 679.515 11-Feb-1 1 657.9 672 637.7 668.4 676.67 14-Feb-1 1 675 689 668 679.8 673.445 15-Feb-1 1 680.1 682 655.7 667.5 669.69 16-Feb-1 1 669.3 669.3 648 657.15 665.285 17-Feb-1 1 660 672.9 650.2 669.25 661.625 18-Feb-1 1 671.45 676 647 651.25 659.915 21-Feb-1 1 654 654 635.5 651.2 658.18 22-Feb-1 1 645 645 632.25 639.75 659.29 23-Feb-1 1 639.75 648.5 634 639.75 657.845 24-Feb-1 1 639 640 608.8 615.9 653.995 25-Feb-1 1 628.5 628.5 587.65 595.1 646.665 28-Feb-1 1 600 642.7 585.1 614.1 640.095 1-Mar-11 622.9 670.6 622.9 665.45 639.89 3-Mar-11 652 676.4 652 673 641.475 4-Mar-11 678 691.85 672.5 676.25 642.175 7-Mar-11 811.5 811.5 648 660.3 643.08 8-Mar-11 669.7 670.7 661 664.9 644.45 9-Mar-11 668 673.9 663.75 668.7 647.345 10-Mar-1 1 662 674 662 667.4 650.11 11-Mar-1 1 662.6 665.7 651.75 655.7 654.09 14-Mar-1 1 655 667.7 652.5 662.05 660.785 15-Mar-1 1 649.95 656.45 635 644.35 663.81 16-Mar-1 1 654.95 662 651 659.4 663.205BEC DOMS BAGALKOTPage 55
  • 56. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT 17-Mar-1 1 651 664.9 651 654.65 661.37 18-Mar-1 1 662.8 662.8 627 632.95 657.04 21-Mar-1 1 640 644.8 627.4 641.75 655.185 22-Mar-1 1 644 656 640.5 652.4 653.935 23-Mar-1 1 654.1 655 641.5 645.75 651.64 24-Mar-1 1 652 667.25 647.1 664.35 651.335 25-Mar-1 1 679.5 680 662.5 672.75 653.04 28-Mar-1 1 675 684.9 671.6 677.15 654.55 29-Mar-1 1 675 689 675 686.3 658.745 30-Mar-1 1 687 711.8 687 710.05 663.81 31-Mar-1 1 709 724 685 698.6 668.205CHART:- M&MBEC DOMS BAGALKOTPage 56
  • 57. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR ATINTERPRETATION:- In this Graph, we can observe that moving Average of MAHINDRA& MAHIDRA’S. Stock scrip is below the actual price. And, if we observe thetrend of this graph then we can also notice that Moving Average line hasbeen decreased.ANALYSIS:- Here, in this case, the Stock price of MAHINDRA & MAHIDRA’S. isabove to its moving average line. So, it is giving clear picture of futuremovement of the scrip. So it indicates that it is a right time to buy thesecurity. CANDLE STICK CHARTMARUTI-SUZUKI:-INTERPRETATION:- In the above Candle Stick Chart it is clear that Stock Priceof MARUTI-SUZUKI has ups and downs. Simply Share Prices ofMARUTI-SUZUKI is moving up and decreased to the last months.ANALYSIS:-BEC DOMS BAGALKOTPage 57
  • 58. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR ATIt indicates that the investors are becoming more bullish than bearish in theOctober and November months. Here, It is a right time to sell the Scrip. Wereits decreasing last months in that time we buy the scrip.TATA MOTORS:-INTERPRETATION:- In the above Candle Stick Chart it is clear that Stock Price of TATAMOTORS has been increasing. And the Share Prices of TATA MOTORS ismoving up.ANALYSIS:- .BEC DOMS BAGALKOTPage 58
  • 59. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT It indicates that the investors are becoming more bullish. Here,as far as TATA MOTORS is concerned, bullish market trend is taking place. Itis a right time to sell the Scrip.CHART:- M&MINTERPRETATION:- In the above Candle Stick Chart it is clear that Stock Price of MAHIDRA& MAHIDRA has been increasing it indicates that the investors are becomingmore bullish than bearish.ANALYSIS:- Here, as far as M&M is concerned, bullish market trend is taking place.The Share Prices of MAHIDRA & MAHIDRA is moving up. It is a right time tosell the Scrip.BEC DOMS BAGALKOTPage 59
  • 60. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT FINDINGS, SUGGESTIONS & CONCLUSIONBEC DOMS BAGALKOTPage 60
  • 61. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT FINDINGS OF THE STUDY Technical analysts evaluate securities by analyzing statistics generated by market activity, past prices and volume. Moving average line has been decreased and below to the actual line so it‘s provides a message to the investor that it’s a right time to buy the security of Maruti Suzuki Ltd. Candle Stick Chart it is clear that Stock Price of MARUTI-SUZUKI It indicates that the investors are becoming more bullish than bearish in the October and November months. Here, It is a right time to sell the Scrip. Were its decreasing last months in that time we buy the scrip. In case of 10 days Moving Average of Tata Motors Scrip, message to the investor that the both stock price are increasing so it indicates that it is not right time to buy the security it’s time to sell the security. Candle Stick Chart it is clear that Stock Price of TATA MOTORS has been increasing, as far as TATA MOTORS is concerned, bullish market trend is taking place. It is a right time to sell the Scrip. Moving Average of the Stock price of MAHINDRA & MAHIDRA’S. is above to its moving average line. So, it is giving clear picture of future movement of the scrip. So it indicates that it is a right time to buy the security. It is a right time to sell the Scrip of MAHINDRA & MAHIDRA’S Candle Stick Chart it is clear that Stock Price of MAHIDRA & MAHIDRA has been increasingBEC DOMS BAGALKOTPage 61
  • 62. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT CONCLUSION OF THE STUDY As we all know India is one of the fastest growing economies in theworld. India is consistently achieving growth in automobile sector. Theautomotive industry is witnessing tremendous and unprecedented changesthese days. On a global scale, the assets of the top ten automotivecorporations accounts for 28% of the assets of the world’s top 50 companies,29% of their employment and 30% of their total sales. The Indian automobile industry is going through a technologicalchange where each firm is engaged in changing its processes andtechnologies to sustain the competitive advantage and provide customerswith the optimized products and services. Consistent growth and dedicationhave made the Indian automobile industry the second- largest tractor andtwo-wheeler manufacturer in the world. It is also the fifth-largestcommercial vehicle manufacturer in the world. The Indian automobile marketis among the largest in Asia. Apart from domestic production, the industry is consistently focusingon the automobile exports. The auto component segment is contributing alot in the export arena. The liberalized policies of the government are nowmaking the companies go for more and more exports. Because of thesereasons, the shares of automobile industry are performing well and thereforethe share market is attracting people to invest their hard earned money andfind fortune. But lack of knowledge about shares and stock market is makingBEC DOMS BAGALKOTPage 62
  • 63. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR ATthem cautious of investing in this market. They need to be educated as wellas guided to minimize the risk and to assess the return on their investment. SUGGESTIONS Before going to invest, an investor should have clear and adequate knowledge of capital market. It is better to go for Long term Investment rather than the Short term Investment. Because it is less risky and also provides sufficient return. The investors should know the value of money. Practically, stock market activities are very risky. So, investors should be careful while investing. In case of half knowledge about stock market is very dangerous. So, whenever a person wants to invest in stock market he should take necessary tips from the experts or Technical Analysts. Investors should also look into global pressure and market movement in order to look for avenues of investing in different stocks and to takeBEC DOMS BAGALKOTPage 63
  • 64. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT position; some of the sources for understanding global pressure are CNBC TV18, News Paper, Economy watch etc. BIBLIOGRAPHYBEC DOMS BAGALKOTPage 64
  • 65. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR AT BIBLIOGRAPHYBOOKS REFERRED:1. Security Analysis & Portfolio Management, By, Punithavathy Pandian.2. Investment Analysis & Portfolio Management, By Prasanna ChandraWEB SITES: 1. www.bseindia.com 2. www.nseindia.com 3. www.stockchart.com 4. www.marutisuzuki.com 5. www.tatamotors.com 6. www.Mahindra & Mahindra.com 7. www.investopedia.com 8. www.moneycontrol.comBEC DOMS BAGALKOTPage 65
  • 66. TECHNICAL ANALYSIS OF AUTOMOBILE SECTOR ATBEC DOMS BAGALKOTPage 66

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