ASSIGNMENT

of
“SECURITY ANALYSIS AND INVESTMENT MANAGEMENT”

“INDUSTRIAL ANALYSIS”

SUBMITTED TO SUBMITTED BY

Dr. Ankit Saxena GAURAV KUMAR

GLAITM MBA (SECA)

ASSUMPTIONS

 ALL THE INVESTORS HAVE DIFFERENT PERCEPTION ABOUT

EVERY CHART AND ANALYSIS.
 ALL ANALYSERS FIND DIFFERENT ANALYSIS AND RESULTS
FOR DIFFERENT TYPE OF DATA AND USE OF THAT DATA MAY
BE DIFFER BY EVERY INDIVIDUAL.

 INTERPRETATION OF EVERY INDIVIDUAL MAY DIFFER.

 DATA USED FOR ANALYSIS IS OF AUGUST AND SEPTEMBER

ONLY.

STUDY
 CNX NIFTY.
 INFRA.
 IT.
 REALTY.
 BANK.

CNX NIFTY DATA

Shares
Date Open High Low Close Traded Turnover (Rs. Cr)
2-Aug-10 5379.45 5416.45 5379.45 5410.75 166288698 6499.13
3-Aug-10 5431.5 5435.6 5407.35 5421.1 212942929 7338.61
4-Aug-10 5428.55 5455.1 5407.35 5443.9 199972742 6791.1
5-Aug-10 5443.9 5465.85 5421.1 5425 201838509 7171.39
 6-Aug-10 5422.35 5449.55 5407.95 5416.2 234205837 6491.49
9-Aug-10 5421.05 5470.7 5420.9 5465.45 206986442 6381.64
10-Aug-10 5464 5467.9 5427.75 5441.7 271948393 8643.01
11-Aug-10 5442.25 5454.55 5394.2 5401 281913466 9459.19
12-Aug-10 5399.45 5412.85 5355.3 5402.8 259940732 10192.14
13-Aug-10 5408.05 5462.8 5408.05 5442 274145845 9441.58
16-Aug-10 5443.1 5458.2 5389.4 5411.85 304145071 8878.36
17-Aug-10 5416.6 5441.85 5406.2 5411.65 250737101 8157.84
18-Aug-10 5432.75 5480.05 5423.4 5473.55 253331041 8371.46
19-Aug-10 5492.3 5536.6 5487.15 5532.7 253971415 7918.74
20-Aug-10 5518.55 5540.7 5508.85 5524.25 213910488 7222.26
23-Aug-10 5527.7 5544.55 5516.2 5537.95 189902703 7070.75
24-Aug-10 5541.7 5542.6 5481.1 5499.75 211575567 7504.18
25-Aug-10 5491.85 5499.85 5444.7 5453.95 226594902 7381.93
26-Aug-10 5466 5480.65 5448.15 5468.15 281894113 10111.31
27-Aug-10 5474.45 5476.55 5385.9 5401.4 218790239 7212.26
30-Aug-10 5443.55 5459.9 5381.55 5407.25 175777714 5664.26
31-Aug-10 5390.35 5405.4 5340.55 5394.05 231666881 8687.48
1-Sep-10 5406.9 5472.35 5406.9 5466 205986515 7641.95
2-Sep-10 5494.45 5505.7 5474.55 5482.15 222293282 6685.65
3-Sep-10 5493.35 5502.5 5472.55 5479.6 207394018 5744.2
6-Sep-10 5503.85 5584.4 5503.85 5573 214385100 8037.49
7-Sep-10 5579.9 5612.55 5578.4 5594.85 235322098 7714.6
8-Sep-10 5572.75 5613.45 5563.9 5597.95 200501073 7291.87
9-Sep-10 5606.9 5635.85 5598.5 5629.7 210273710 8136.76
13-Sep-10 5657.4 5754.8 5657.4 5745.75 228612704 9507.64
14-Sep-10 5763.7 5817.05 5753.4 5773.15 281725757 10453.6
15-Sep-10 5775.5 5841.35 5775.5 5831.7 277161112 11153.32
16-Sep-10 5822.3 5867.45 5781.15 5794 271012143 9857.73
17-Sep-10 5815.75 5864.65 5815.75 5855 292347802 9907.8
20-Sep-10 5861.85 5949.3 5861.85 5943 274614777 9696.68
21-Sep-10 5963.5 5992.05 5917.8 5962.6 307340798 11396.21
22-Sep-10 5972.45 5989.55 5900.25 5944.9 265614141 10318.08
23-Sep-10 5953.85 5957.75 5890.25 5917.4 228078795 8279
24-Sep-10 5913.75 5981.75 5910.45 5973.9 263915818 9298.03
27-Sep-10 6018.3 6073.5 6018.3 6035.65 166773894 6621.37
28-Sep-10 6036.05 6049.8 5991.3 6029.5 170651346 6860.57
29-Sep-10 6029.15 6071.55 5979.65 5991.3 183154443 7028.59
30-Sep-10 5991.35 6048.45 5963.6 6029.95 217770233 9926.83
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Au Au Au Au Au Au Au Au Au Au Au Se Se Se Se Se Se Se Se Se Se Se
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Au Au Au Au Au Au Au Au Au Au Au Se Se Se Se Se Se Se Se Se Se Se
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 INTERPRETATIONS-
 IN AUGUST, NIFTY MARKET MOVES IN COSTANT IN
LIMIT OF 5300 TO 5550 BUT IN SEPTEMBER, IT MOVES
ACROSS 600 POINTS AND SHOW BULLISH SIGN.
 THE NO. OF WHITE CANDLES ARE MORE MEANS
MAXIMUM TIMES, CLOSE PRICE>OPEN PRICE.
 THE INVESTMENT CONTAINS MORE RISK THIS TIME AS
THERE IS HIGH FLEXIBILITY THIS TIME BUT GOOD FOR
INTRADAY PURPOSE.

INFRA DATA
 Shares
Date Open High Low Close Traded Turnover (Rs. Cr)
2-Aug-10 3450.7 3471.25 3449.25 3460.25 61794574 1289.69
3-Aug-10 3470.75 3473.95 3452.7 3469.45 89439137 1833.72
4-Aug-10 3473.05 3499.45 3463.3 3491.25 78242677 1581.84
5-Aug-10 3492.35 3502.8 3472.45 3478.35 90730652 1543.78
6-Aug-10 3485.05 3494.35 3457.9 3465.35 73333411 1165.68
9-Aug-10 3465.55 3512.95 3465.55 3510 97404786 1533.41
10-Aug-10 3512.9 3516.8 3482.9 3492.85 109532012 1687.41
11-Aug-10 3491.85 3518.25 3468.1 3471.75 91570004 1748
12-Aug-10 3449.75 3476.8 3442.55 3463.65 98239244 1553.73
13-Aug-10 3467 3494.8 3467 3477.95 95435928 1424.71
16-Aug-10 3472.95 3482.8 3436.15 3453.9 101217575 1465.97
17-Aug-10 3449.95 3469.1 3438.7 3443 76872284 1237.27
18-Aug-10 3454.6 3454.6 3428.85 3450.55 87798978 1373.52
19-Aug-10 3455.15 3463.7 3450.35 3459.9 103192358 1430.66
20-Aug-10 3451.9 3473.05 3445.75 3468.05 87064382 1658.46
23-Aug-10 3470.75 3500.45 3470.75 3495.65 71739678 1391.54
24-Aug-10 3506.2 3506.6 3464.35 3467.3 74276330 1291.53
25-Aug-10 3465.85 3468.2 3428.75 3433.3 86882119 1385.92
26-Aug-10 3439.9 3468.35 3427.7 3459.15 107368689 1835.28
27-Aug-10 3459.9 3472.05 3396.7 3411.85 90228044 1342.64
30-Aug-10 3438.05 3446.8 3399.75 3411.35 73175312 1164.73
31-Aug-10 3404 3409.3 3364.75 3391.8 93072547 1593.01
1-Sep-10 3396.6 3454 3396.6 3449.3 75939203 1309.83
2-Sep-10 3462.6 3475.25 3443.75 3446.7 107114041 1430.43
3-Sep-10 3456.55 3466.65 3445.6 3455.35 106822108 1266.23
6-Sep-10 3454.65 3500.4 3454.65 3493.05 81362328 1350.92
7-Sep-10 3498.95 3518.1 3494.75 3510.05 103628739 1554.49
8-Sep-10 3499.25 3525.05 3490.05 3522.2 78219839 1257.91
9-Sep-10 3532.3 3550.35 3529.1 3540 76097215 1431.39
13-Sep-10 3563.25 3595.8 3556.6 3580.75 79478650 1634.74
14-Sep-10 3589.8 3616.95 3581.25 3596.7 105904053 1999.54
15-Sep-10 3603.8 3614.85 3588.7 3598.8 90276784 1721.68
16-Sep-10 3595.05 3615.35 3572.75 3581.9 125441653 2147.79
17-Sep-10 3598.55 3631.75 3598.55 3623 129886693 2277.37
20-Sep-10 3630.6 3668.6 3624.95 3662.65 114027276 2296.64
21-Sep-10 3673.55 3690.55 3650.3 3673.5 103838845 2452.24
22-Sep-10 3689 3693.4 3626.25 3650.75 97161740 2036.63
23-Sep-10 3660.15 3665.35 3613.25 3628.6 94396611 1665.99
24-Sep-10 3627.85 3685.15 3623.2 3680.5 102001303 2056.49
27-Sep-10 3702.8 3730.4 3692.85 3716.45 103288464 2038.68
28-Sep-10 3721.05 3759 3719.35 3753.5 108097519 2132.92
29-Sep-10 3770.25 3777.9 3713 3718.35 96113038 1963.18
30-Sep-10 3720.1 3728.6 3684.25 3719.3 109358509 2165.7
 Candle chart:
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ug- ug- ug- ug- ug- ug- ug- ug- ug- ug- ug- ep- ep- ep- ep- ep- ep- ep- ep- ep- ep- ep-
A A A A A A A A A A A S S S S S S S S S S S
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 INTERPRETATIONS-
 IN AUGUST, INFRA MARKET MOVES IN COSTANT IN
LIMIT OF 3400 TO 3550 BUT IN SEPTEMBER, IT MOVES
ACROSS 350 POINTS AND SHOW BULLISH SIGN.
 THE NO. OF WHITE CANDLES & BLACK CANDLES ARE
SOMEWHAT EQUAL MEANS VERY HIGH RISK IN INVEST
IN IT.
 THE INVESTMENT CONTAINS MORE RISK THIS TIME AS
THERE IS HIGH FLEXIBILITY & PEAK POINT THIS TIME
BUT GOOD FOR INTRADAY PURPOSE.
 IT DATA
Shares
Date Open High Low Close Traded Turnover (Rs. Cr)
2-Aug-10 6102.1 6129.9 6088.1 6104.35 9260217 473.98
3-Aug-10 6118.2 6132.2 6056.65 6077 6310154 306.97
4-Aug-10 6102.75 6297.1 6102.75 6274.2 22331979 967.51
5-Aug-10 6280.5 6344.35 6280.5 6288.7 21344854 845.21
6-Aug-10 6289 6333.1 6241.8 6259.9 11837769 546.39
9-Aug-10 6233.8 6320.2 6218.65 6306.85 12292958 734.85
10-Aug-10 6297.6 6297.6 6196.15 6216 12466725 692.76
11-Aug-10 6213.6 6233.4 6143.75 6161.3 14005028 884.56
12-Aug-10 6111.95 6111.95 6057.05 6091.05 13694294 789.74
13-Aug-10 6096.75 6162.8 6080.25 6116.7 30517171 1568.85
16-Aug-10 6086.8 6126.4 6067.4 6086.85 11753855 659.19
17-Aug-10 6068.8 6119.2 6035.1 6059.5 10922699 598.46
18-Aug-10 6082.35 6207.8 6082.35 6184.4 19812781 753.29
19-Aug-10 6208.9 6216.55 6159.85 6183.9 16979332 636.32
20-Aug-10 6163.45 6163.45 6104.2 6128.6 11294862 512.22
23-Aug-10 6131.55 6190.85 6123.9 6178.95 8971953 426.16
24-Aug-10 6161.45 6161.45 6107.6 6117.6 9448070 585.12
25-Aug-10 6116.05 6151.2 6098.95 6109.95 10269682 563.57
26-Aug-10 6124.2 6131.6 6088.75 6116.15 21031746 1177.02
27-Aug-10 6116.05 6116.05 5984.4 6005.9 9657049 650.29
30-Aug-10 6034.7 6057.9 5927.2 5971.25 9985058 544.86
31-Aug-10 5936.5 5987.8 5908.7 5974.9 10365749 639.51
1-Sep-10 5975.05 6093.6 5974.6 6086.45 12368398 815.01
2-Sep-10 6140.25 6140.25 6040.75 6055.2 10730100 529.78
3-Sep-10 6063.55 6133.85 6063.5 6076.1 10830333 664.11
6-Sep-10 6125.6 6198.05 6125.6 6184.45 12327474 623.25
7-Sep-10 6189.95 6268.3 6166.5 6253.65 13394061 768.75
8-Sep-10 6212.4 6296.3 6191 6287.7 14901572 883.32
9-Sep-10 6273.45 6316.2 6265.15 6302 10620061 636.85
13-Sep-10 6308.6 6382.45 6308.6 6358.15 11068945 583.03
14-Sep-10 6404.1 6474.1 6397.9 6441.75 10680166 744.92
15-Sep-10 6447.85 6617.7 6447.85 6602 17026520 1325.75
16-Sep-10 6575.15 6575.15 6437.4 6447.25 12950855 794.71
17-Sep-10 6475.1 6550.95 6465.65 6477.85 14099794 837.07
20-Sep-10 6488.2 6541.95 6488.2 6528.45 16821485 609.68
21-Sep-10 6553.75 6685.8 6527.25 6673.3 25058965 1306.13
22-Sep-10 6678.35 6679.05 6553.7 6594.6 27342745 1335.45
23-Sep-10 6572.1 6608.3 6528.05 6596.4 22081257 1067.75
24-Sep-10 6579.2 6647.85 6553.5 6634.7 15843167 1031.65
27-Sep-10 6654.7 6661.65 6587.25 6600.75 12928424 850.19
28-Sep-10 6584.85 6600.55 6540.6 6560.5 10391484 674.68
29-Sep-10 6586.25 6662.9 6533.8 6578.6 13035173 881.52
30-Sep-10 6583.75 6645.55 6532.15 6613.4 20822898 1436.67
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Au Au Au Au Au Au Au Au Au Au Au Se Se Se Se Se Se Se Se Se Se Se
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 INTERPRETATIONS-

 IN AUGUST, I.T. MARKET MOVES IN COSTANT IN LIMIT

OF 6300 TO 6000 BUT IN SEPTEMBER, IT MOVES ACROSS
600 POINTS AND SHOW BULLISH SIGN.
 THE NO. OF WHITE CANDLES ARE MORE MEANS
MAXIMUM TIMES, CLOSE PRICE>OPEN PRICE.
 THE INVESTMENT CONTAINS MORE RISK THIS TIME
BUT GOOD FOR INTRADAY PURPOSE .
 THE GAP OF OPENING & CLOSING PRICES OF CANDLES
ARE HIGH IN MOSTLY CASES MEANS GOOD FOR
INTRADAY AND HIGH RISK.
 THERE IS CHANCE OF STABLE GROWTH NOW.
 REALTY DATA
Shares
Date Open High Low Close Traded Turnover (Rs. Cr)
2-Aug-10 446.6 449.2 445.45 446.7 19672730 347.13
3-Aug-10 449.1 452.55 445.6 447.3 24130431 386.57
4-Aug-10 447.65 452.35 446.25 449.6 22204106 364.69
5-Aug-10 450.4 460.9 450.4 455 39870296 556.25
6-Aug-10 458.7 461.5 452 453.35 39058390 497.06
9-Aug-10 454.2 477 454.2 475.95 64556197 905.8
10-Aug-10 476.4 481.5 471.5 477.5 63221104 957.82
11-Aug-10 476.65 481.6 467.45 468.7 54617430 741.83
12-Aug-10 463.45 475.5 462.75 473.1 67298619 957.7
13-Aug-10 473.8 487.3 473.8 483.25 50970966 810.94
16-Aug-10 484.95 488.9 472.5 478.4 47214390 754.98
17-Aug-10 480.05 482.75 474.7 478.75 33415017 537.65
18-Aug-10 481.5 483.5 473.95 479.95 30579871 498.85
19-Aug-10 480.45 480.45 473.35 476.5 34528545 504.25
 20-Aug-10 474.9 486.8 472.6 485.45 48242831 815.5
23-Aug-10 487.8 489.35 483.65 485.55 28763256 502.89
24-Aug-10 486.9 486.9 470.75 472.8 28900415 496.72
25-Aug-10 469 470.05 455 456.75 37159207 536.47
26-Aug-10 457.8 460.4 452.55 454.25 37245572 541.13
27-Aug-10 453.1 458.45 439.95 441.3 42989599 599.22
30-Aug-10 446.8 450.3 436.75 442.1 29103513 418.26
31-Aug-10 438.8 440.55 429.15 435.15 40365753 626.09
1-Sep-10 435.9 451.15 435.9 448.85 31870136 492.28
2-Sep-10 451.85 454.75 447.2 449.65 36234825 488.3
3-Sep-10 451.1 457.7 450.3 455.7 37651853 494.42
6-Sep-10 459.75 466.95 459.75 465.8 27945119 403
7-Sep-10 467.2 468.2 458.9 460.5 22428314 367
8-Sep-10 457.9 465.3 456.3 463.7 21616825 370.03
9-Sep-10 466.45 469.7 463.45 466.5 21437000 373.39
13-Sep-10 472 479.55 469.4 478 32774022 483.98
14-Sep-10 477.55 482.4 471.95 475.95 40174262 715.79
15-Sep-10 475.25 483.15 474.65 478.4 37574557 637.76
16-Sep-10 476.65 492.05 471.5 484 58494164 1021.96
17-Sep-10 487.1 493.25 486.15 487.7 39989659 708.59
20-Sep-10 488.85 497.8 486.5 496.75 41909404 760.77
21-Sep-10 498.9 500.1 487.55 489.6 35809769 603.46
22-Sep-10 491 491.95 476.7 481.6 36503976 582.19
23-Sep-10 482.85 483.55 469.2 470.7 36145313 528.69
24-Sep-10 473.5 485.9 470.3 485.15 53942971 898.21
27-Sep-10 489.95 497.65 487.95 491.65 47908075 785.61
28-Sep-10 491.75 495.05 487.1 493.65 52727229 821.95
29-Sep-10 496.2 499.5 489.5 490.8 50162314 828.73
30-Sep-10 491.9 493 486.05 491.75 46344879 843.83

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460 Close

450
440
430
Au 0

-A -10

16 ug 0
18 u g 0
20 ug 0
24 u g 0
26 ug 0
30 u g 0
-A -10
Se 0
Se 0
Se 0
14 ep- 0
-S 10
10 ug 0

20 ep- 0
22 ep- 0
24 ep- 0
28 ep- 0
30 ep- 0
-S 10
0
-A -1

-A -1

-A -1

3- p-1
7- p-1
9- p-1
4- ug-1
6- g-1

-A -1

-A -1

-A -1

1- g-1

-S 1
-S 1
-S 1
-S 1
-S 1

-1
16 ep-
12 u g

ep
u

S
A

A
2-

 INTERPRETATIONS-

 IN AUGUST, REALTY MARKET SHOWS VERY HIGH

FLEXIBILITY IN LIMIT OF 430 TO 490 BUT IN
SEPTEMBER, IT SHOW BULLISH SIGN CONTINUOUSLY
AND REACH AT PEAK OF 495.
 THE NO. OF WHITE CANDLES ARE MORE MEANS
MAXIMUM TIMES, CLOSE PRICE>OPEN PRICE.
 THE LENGTH OF CANDLES ARE VERY HIGH IN SOME
DAYS SHOWS HIGH RISK IN INTRADAY ALSO.
 THE INVESTMENT CONTAINS HIGH RISK AS THERE IS
HIGH FLEXIBILITY AND NO STABILITY IN THIS SECTOR
AND IT IS MOST RISKY SECTOR.
  RETURNS IN LONG TERMS MAY BE HIGH IN THIS
SECTOR.

BANK DATA
Date Open High Low Close Shares Turnover (Rs. Cr)
Traded
2-Aug-10 10258.35 10436.4 10255.4 10411.5 19563962 1872.81
3-Aug-10 10452.15 10542.9 10448.15 10502.65 18339489 1710.12
4-Aug-10 10511.05 10525.85 10412.65 10489.3 13149823 1266.8
5-Aug-10 10444.6 10539.65 10441.5 10454.9 14691422 1556.26
6-Aug-10 10442.25 10476.7 10364.95 10383.65 11555552 1082.19
9-Aug-10 10407.55 10534 10393.5 10524.1 10940788 1096.12
10-Aug-10 10507.45 10578.85 10473.55 10519.95 14302448 1467.1
11-Aug-10 10506.05 10545.5 10391.9 10428.65 11714795 1171.82
12-Aug-10 10308.15 10614.2 10308.15 10583.65 20921223 2824.12
13-Aug-10 10603.9 10782.2 10603.9 10737.35 18610635 2112.71
16-Aug-10 10732.05 10778.25 10645.45 10680.55 15197503 1280.33
17-Aug-10 10709.15 10810.3 10705.65 10770.25 23593222 1564.49
18-Aug-10 10790.85 10931.65 10756.55 10894.05 22541989 1755.78
19-Aug-10 10920.4 11126.95 10895.85 11110.5 19154382 1677.54
20-Aug-10 11058.55 11105 11005.5 11033.75 12970858 1035.7
23-Aug-10 11024.5 11115.55 10971.7 11095.5 11134368 1127.09
24-Aug-10 11082.95 11125.8 10979.5 11043 14385823 1476.74
25-Aug-10 10993 11029.25 10917.1 10937.85 13865187 1223.45
26-Aug-10 10941.8 11042.15 10941.8 10981.7 17354648 1881.45
27-Aug-10 11003.25 11003.25 10681.6 10727.45 10660393 1073.95
30-Aug-10 10834.4 10873.3 10671.45 10747.25 8408252 789.46
31-Aug-10 10699.05 10771 10653.3 10746.35 12296930 1152.13
1-Sep-10 10761.65 10895.55 10761.65 10879.75 12343231 1201.9
2-Sep-10 10931.4 11001.65 10931.4 10980.6 13273819 1179.78
3-Sep-10 10992.15 11017.15 10938.9 10991.2 9153616 763.88
6-Sep-10 11033.6 11261.15 11033.6 11218.8 12335466 1351.38
7-Sep-10 11236.65 11247.15 11156.85 11192.95 10440782 1059.14
8-Sep-10 11110.35 11256.2 11099.3 11190.05 17096298 1520.25
9-Sep-10 11223.65 11468.75 11223.65 11446.7 29004253 2294.51
13-Sep-10 11489.5 11905.2 11489.5 11872.85 31202595 3053.39
14-Sep-10 11902.8 12042.6 11893.35 11928.35 22597490 2265.46
15-Sep-10 11917.45 12022.35 11917.45 11987.6 25260118 2038.38
16-Sep-10 11960.65 12236.85 11960.6 12032.05 31281572 2786.2
17-Sep-10 12071.7 12175.8 12037.35 12104.1 16052377 1575.1
20-Sep-10 12109.05 12291 12067.4 12251.2 16226910 1473.49
21-Sep-10 12288.1 12335.1 12173.2 12244.95 20158921 1987.67
22-Sep-10 12248.1 12340 12177.8 12305.7 25678463 2133.04
23-Sep-10 12312.55 12327.8 12111.4 12146.3 17429935 1377.56
24-Sep-10 12083.3 12287.95 12068.4 12263.55 23947426 1741.3
27-Sep-10 12323.45 12363.35 12227.75 12253.2 15352362 1353.82
28-Sep-10 12242.75 12295.85 12163.35 12272.4 15925221 1641.13
29-Sep-10 12324.5 12342.55 12220.9 12237.55 15064178 1451.21
30-Sep-10 12210.75 12410.6 12178.9 12366.35 20082897 2572.21

 Candle chart:
12600
12400
12200
12000
11800
11600
11400
11200
Cl
11000 os
10800 e
10600
10400
10200
10000
6- -10

-A 0
-A 0
-A 0
-A 0
-A 0
-A 0
-A 0
-A 0
1- -10
3- -10
7- -10
9- -10

-S 0
-S 0
-S 0
-S 0
-S 0
-S 0
-S 0
0
4- -10

12 g-1

18 g-1

14 p-1
16 p-1
20 p-1
22 p-1
24 p-1
28 p-1
30 p-1
-1
10 g-1

16 g-1

20 g-1
24 g-1
26 g-1
30 g-1
g
g

ug

ep
p
p
p
Au
Au
Au

u
u
u
u
u
u
u

e
e
e
e
e
e
Se
Se
Se
Se
2-

 Bar chart:
12600
12400
12200
12000
11800
11600
11400
11200
11000
Close
10800
10600
10400
10200
10000
10 10 10 10 10 10 10 10 10 10 10 1 0 10 10 1 0 1 0 10 1 0 1 0 1 0 10 10
u g- ug- ug- ug- ug- ug- ug- ug- ug- ug- ug- ep- ep- ep- ep- ep- ep- ep- ep- ep- ep- ep-
A A A A A A A A A A A S S S S S S S S S S S
2- 4 - 6 - 10 - 12 - 1 6 - 1 8 - 20 - 2 4 - 2 6 - 3 0 - 1 - 3- 7- 9 - 14 - 1 6 - 20 - 22 - 24 - 2 8 - 3 0 -
 Line chart:

Close
12500

12000

11500
Close
11000

10500

10000
10 10 10 10 10 10 10 10 10 10 10 1 0 10 10 1 0 10 1 0 10 1 0 10 1 0 10
ug- ug- ug- ug- ug- ug- ug- ug- ug- ug- ug- ep- ep- ep- ep- ep- ep- ep- ep- ep- ep- ep-
A A A A A A A A A A A S S S S S S S S S S S
2 - 4 - 6- 10 - 1 2 - 16 - 1 8 - 20 - 2 4 - 26 - 3 0 - 1 - 3- 7- 9 - 1 4 - 16 - 2 0 - 22 - 2 4 - 28 - 3 0 -

 INTERPRETATIONS-

 IN AUGUST,BANK MARKET SHOWS CONTINUOUS

GROWTH FROM 10500 TO 11000.
 IN SEPTEMBER, IT ALSO SHOWS HIGH GROWTH IN
HALF MONTH AND THEN SHOW THE STABILITY.
 THE NO. OF WHITE CANDLES ARE MORE MEANS
MAXIMUM TIMES, CLOSE PRICE>OPEN PRICE.
 THE LENGTH OF CANDLES ARE AVERAGE MEANS
SECTOR IS GOOD FOR LONG TERM INVESTMENT.
 THE INVESTMENT CONTAINS LESS RISK THIS TIME AS
THERE IS LOW FLEXIBILITY THIS TIME BUT NOT GOOD
FOR INTRADAY PURPOSE.
 IT IS GOOD FOR LONG TERM INVESTMENT.
 BETA CALCULATION
 FOR BETACALCULATION, WE HAVE TO CALCULATE
RETURNS OF VARIOUS SECTORS DEPENDING ON CLOSE
PRICE FIRST BY USING FORMULAE:
{(CURRENT CLOSING-PREVIOUS CLOSING)/ PREVIOUS
CLOSING *100}

 WHICH IS AS:

Date Returns Nifty Returns Infra Returns IT Returns Realty Returns Bank
2-Aug-10  NA NA  NA  NA  NA 
-
0.44804115
3-Aug-10 0.191285866 0.265876743 1 0.134318334 0.875474235
 3.24502221
4-Aug-10 0.420578849 0.628341668 5 0.514196289 -0.127110777
0.23110516
5-Aug-10 -0.347177575 -0.369495166 1 1.201067616 -0.327953248
-
0.45796428
6-Aug-10 -0.162211982 -0.373740423 5 -0.362637363 -0.681498627
0.75001198
9-Aug-10 0.90930911 1.28847014 1 4.985110842 1.352607224
-
1.44049723
10-Aug-10 -0.434547933 -0.488603989 7 0.325664461 -0.039433301
11-Aug-10 -0.747928037 -0.604091215 -0.87998713 -1.842931937 -0.867874847
-
1.14018145
12-Aug-10 0.033327162 -0.23331173 5 0.938766802 1.486290172
0.42110966
13-Aug-10 0.725549715 0.412859267 1 2.1454238 1.452240012
16-Aug-10 -0.554024256 -0.691499303 -0.48800824 -1.003621314 -0.528994584
-
0.44932929
17-Aug-10 -0.003695594 -0.31558528 2 0.073160535 0.83984439
2.06122617
18-Aug-10 1.143828592 0.219285507 4 0.250652742 1.14946264
-
0.00808485
19-Aug-10 1.080651497 0.270971294 9 -0.718824878 1.986864389
-
0.89425766
20-Aug-10 -0.152728324 0.235555941 9 1.878279119 -0.690787993
0.82155794
23-Aug-10 0.247997466 0.795836277 1 0.020599444 0.559646539
-
0.99288714
24-Aug-10 -0.689785932 -0.811007967 1 -2.625888168 -0.473164797
-
0.12504903
25-Aug-10 -0.832765126 -0.980590085 9 -3.394670051 -0.952186906
0.10147382
26-Aug-10 0.260361756 0.752919931 5 -0.547345375 0.400901457
27-Aug-10 -1.220705357 -1.367387942 -1.80260458 -2.850853054 -2.315215313
-
0.57693268
30-Aug-10 0.108305254 -0.014654806 3 0.181282574 0.184573221
31-Aug-10 -0.244116695 -0.573086901 0.06112623 -1.572042524 -0.008374235
1.86697685
1-Sep-10 1.333877142 1.695265051 3 3.148339653 1.241351715
 -
0.51343558
2-Sep-10 0.295462861 -0.075377613 2 0.178233263 0.926951446
0.34515788
3-Sep-10 -0.046514597 0.250964691 1 1.345490937 0.096533887
1.78321620
6-Sep-10 1.704503978 1.091061687 8 2.216370419 2.070747507
1.11893539
7-Sep-10 0.392068904 0.486680695 4 -1.137827394 -0.2304168
0.54448202
8-Sep-10 0.055408099 0.346148915 2 0.694896851 -0.025909166
0.22742815
9-Sep-10 0.567171911 0.505365964 3 0.603838689 2.293555435
0.89098698
13-Sep-10 2.061388706 1.151129944 8 2.465166131 3.722907039
1.31484787
14-Sep-10 0.476874211 0.445437408 2 -0.428870293 0.467453055
2.48767803
15-Sep-10 1.014177702 0.058386855 8 0.514759954 0.496715807
-
2.34398667
16-Sep-10 -0.646466725 -0.469600978 1 1.170568562 0.370799826
0.47462096
17-Sep-10 1.052813255 1.147435718 2 0.76446281 0.598817325
0.78112336
20-Sep-10 1.502988898 1.094396909 7 1.855648965 1.215290687
2.21875023
21-Sep-10 0.329799764 0.296233601 9 -1.439355813 -0.051015411
22-Sep-10 -0.296850367 -0.619300395 -1.17932657 -1.633986928 0.496122891
23-Sep-10 -0.462581372 -0.606724646 0.02729506 -2.263289037 -1.295334682
0.58061973
24-Sep-10 0.954811235 1.430303698 2 3.0698959 0.96531454
-
0.51170361
27-Sep-10 1.033663101 0.976769461 9 1.339791817 -0.084396443
-
0.60977919
28-Sep-10 -0.101894576 0.996919103 2 0.406793451 0.156693762
0.27589360
29-Sep-10 -0.633551704 -0.936459305 6 -0.577332118 -0.283970536
0.52898793
30-Sep-10 0.645102065 0.025548967 1 0.193561532 1.052498253
  NOW, WE HAVE TO FIND “CO-RRELATION” BETWEEN
DIFFERENT SECTORS BY USING EXCEL AS:

Head Nifty Infra IT Realty Bank

0.54046148
Nifty NA 0.452747939 4 0.826161698 0.624728365
0.45719271
Infra 0.452747939 NA 5 0.925201873 0.474011126
IT 0.540461484 0.457192715 NA 0.544763108 0.38905422
Realt 0.54476310
y 0.826161698 0.925201873 8 NA 1.091460609
Bank 0.624728365 0.474011126 0.38905422 1.091460609 NA

 LET NIFTY DATA AS MARKET DATA, WE REQUIRE VARIANCE

OF NIFTY DATA FOR CALCULATE BETA FACTOR OF NIFTY
WITH DIFFERENT SECTORS.

 SO, CALCULATING VARIANCE OF NIFTY IS COMING AS

“0.561692993”, BY EXCEL BY USING FORMULAE
(β=COVAR./VAR.).

Heading Infra IT Realty Bank

0.54046148
Nifty (VAR.=0.561692993) 0.452747939 4 0.826161698 0.624728365
0.96220086
BETA FACTOR 0.806041636 6 1.470842095 1.11222389
COMMENTS HIGH VERY HIGH EXTREMELY EXTREMELY
 HIGH HIGH

 IT CAN BE SHOWN BY LINE CHART AS:

2.5

1.5
BETA FACTOR
Nifty (VAR.=0.561692993)
1

0.5

0
Infra IT Realty Bank

 INTERPRETATIONS-

 IN CORRELATION TABLE, IT CLEARLY SHOWN THAT

CORRELATION OF NIFTY IS HIGH WITH REALTY AND
LOW WITH INFRA MEANS THE FLUCTUATION OF NIFTY
HIGHLY AFFECT REALTY SECTOR AND LOW TO INFRA
SECTOR.
  IT ALSO SHOW THAR REALTY CONTAIN HIGH RISK AND
INFRA CONTAINS LOW RISK AND OTHER 2 SECTORS
CONTAIN MODERATE RISK.
 IT ALSO SHOWN IN TABLE THAT FLUCTUATION IN ANY
SECTOR LIE AFFECT HIGH ON REALTY SECTOR AND
COMPARATIVELY LOW ON ALL OTHERS SECTOR.
 ALL THIS SHOW THE HIGHEST RISK OF REALTY
SECTOR.
 IT IS ALSO SHOWN BY BETA THAT CHANGE OF 1 POINT
IN NIFTY LEADS TO 1.470842095 POINT IN REALTY
WHICH IS EXTREMELY HIGH.
 IT IS ALSO SHOWN BY BETA THAT CHANGE OF 1 POINT
IN NIFTY LEADS TO 1.11222389 POINT IN BANK WHICH IS
ALSO EXTREMELY HIGH BUT LOWER THAN REALTY.
 IT IS ALSO SHOWN BY BETA THAT CHANGE OF 1 POINT
IN NIFTY LEADS TO 0.962200866 POINT IN I.T. WHICH IS
ALSO VERY HIGH.
 IT IS ALSO SHOWN BY BETA THAT CHANGE OF 1 POINT
IN NIFTY LEADS TO 0.806041636 POINT IN INFRAWHICH
IS HIGH BUT LESS THAN OTHER SECTORS.
 SO, NIFTY HIGHLY AFFECT REALTY AND LEAST TO
INFRA.
 THE INVEST IN REALTY CONTAIN MAXIMUM RISK AND
RETURN IN INVEST ACCORDING TO DATA.
 THE LINE CHART IS ALSO SHOWING THE ABOVE
POINTS.

#$ END OF ASSIGNMENT $#
$ THANK YOU $