Title:
TECHNICAL ANALYSIS OF SELECTED COMPANIES IN INDIA

Authors:
Dr. Nilam Panchal

Abstract:
Technical analysis is the forecasting of future financial price movements based on an examination of past price movements. Technical analysis does not result in absolute predictions about the future with regard to forecasting. Instead, technical analysis can help investors anticipate what is "possible" to happen to prices over time. Technical analysis is the study of predicting prices of securities for future. The main aim is to generate returns by deciding when to enter and when to exit in the security. Technical analysis is related to the stock market considering factors affecting the supply and demand of stocks. It helps in understanding the intrinsic value of shares and knowing whether shares are undervalued or overvalued. The stock market indicators would help the investors to identify major market turning points. This is a significant part of technical analysis of companies which helps to understand the behavior of the shares, the signals given by them and the major turning points of the market price. This report aims at carrying out technical analysis of the securities of the selected companies and to assist investment decisions in the Indian market.