📄 Abstract
Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. Like weather forecasting, technical analysis does not result in absolute predictions about the future. Instead, technical analysis can help investors anticipate what is "likely" to happen to prices over time. Technical analysis uses a wide variety of charts that show price over time. This study is based on the analysis of Two Nifty IT Index stocks namely Tcs, and Hcl listed in National Stock Exchange. Technical indicators such as Relative strength index (RSI), Rate of change (ROC) and Moving Average (MA) are used in the study. This paper aims at carrying out Technical Analysis of the securities of the selected IT stocks and to assist investment decisions in this Indian Market.
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📚 How to Cite:
Dr. R. Sharmila, Ms. Bhavanithi. M.K, Dr. R. Thiyagu , DECODING MARKET MOVES: PERFORMANCE ANALYSIS OF SELECT INDIAN IT COMPANIES THROUGH TECHNICAL INDICATORS , Volume 12 , Issue 5, may 2025, EPRA International Journal of Economics, Business and Management Studies (EBMS) ,