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Fundamental and Technical Analysis of Banks:
A Study Conducted on Public & Private Sector Banks of India.

1. Introduction:
The Indian Banking sector well shielded by the Central bank of the country has managed to sail through most of the crisis. But, currently in light of slowing domestic GDP growth, persistent inflation, asset quality concerns and elevated interest rates, the investment cycle has been wavering in the country. The major reasons for conducting the study on banking sector was that the Indian Banking industry has gone under significant deregulation with the objectives of increasing efficiency and profitability of banks and the banking regulations in India has lead to significant improvements in the quality of output (ATM, Internet banking, Convenient banking etc.). Banking industry has also become favourable investment avenue for the stock market investors. So, the present study has been destined to conduct the study on the analysis of growth of Indian commercial banks and as profitable investment avenues by using Fundamental & Technical analysis.

The methods used to analyze securities and make investment decisions fall into two very broad categories: fundamental analysis and technical analysis. Fundamental analysis involves analyzing the characteristics of a company in order to estimate its value. Fundamental Analysis involves examining the economic, financial and other qualitative and quantitative factors related to a security in order to determine its intrinsic value. It attempts to study everything that can affect the security's value, including macroeconomic factors (like the overall economy and industry conditions) and individually specific factors (like the financial condition and management of companies). Fundamental analysis, which is also known as quantitative analysis, involves dealing with the company’s financial statements (such as profit and loss account and balance sheet) in order to study various financial indicators (such

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