“EQUITY RESEARCH USING TECHNICAL ANALYSIS WITH FOCUS ON AUTOMOBILE SECTOR”

Abstract

Every investor always wishes to have a decent return on his/her investments because they invest the part of their income. Among the various schemes of investment, equity is considered the most rewarding even though it involves higher risk. In order to mitigate the risk and increase the return, investor need to get involved in analyzing the stocks on the basis of either technical or fundamental analysis. Technical analysis is based on the analysis of charts and patters based on the historical data of the company. It also involves analyzing the momentum of price trend and volume while doing technical analysis.