Let us say that you want to analyse an X stock than just get hold of the closing price of X and divide it by Nifty closing price and the ratio is plotted.
Now the important point to observe is that whether ratio is rising or not. If the ratio is rising than the stock is out performing the index and if the ratio is falling then the stock is under performing the index.
Thus by using the simple tools like these one can be a perfect stock market Analyst by himself and we wish to see you achieving success by trading with hot stock of the day as aim is to capture maximum profit.