Technical Study of Pharmaceutical Stocks Listed In NSE

International Journal of Economics and Management Studies

© 2017 by SSRG - IJEMS Journal

Volume 4 Issue 3

Year of Publication : 2017

Authors : Shahana Jabeen, Afshan Jabeen

10.14445/23939125/IJEMS-V4I3P106

How to Cite?

Shahana Jabeen, Afshan Jabeen, "Technical Study of Pharmaceutical Stocks Listed In NSE," SSRG International Journal of Economics and Management Studies, vol. 4,  no. 3, pp. ):26-29, 2017. Crossref, https://doi.org/10.14445/23939125/IJEMS-V4I3P106

Abstract:

Financial Markets specially stock market being core of our day to day activities and having enormous potential to earn, and by applying technical analysis to what extent we can earn the making matters the most hence this study of Technical Analysis. Prices of securities in the stock markets fluctuate daily on account of continuous buying and selling. Stock prices move in trends and cycles and are never stable. The present study manifesting the price behavior of shares, trend and their future movements. The main objective of this paper is to identify the performance of pharmaceutical’s stock which is listed in National Stock Exchange (NSE) and risk involvement has been predicted on account of applied technical indicators. The rationale behind technical analysis is that the share price behavior repeats itself over specified time and analysts attempt to derive methods to predict this repetition. The study looks at the past share prices data to see if we can establish any trend or an entry can be made. This study is purely based on data provided on stocks listed in NSE. For the purpose of analysis, techniques like Beta, Relative Strength Index, Slow Stochastic and Simple Moving average are used and the strength of stock is inferred.

Keywords:

Technical analysis, Beta, Relative Strength Index, Stochastic (slow stochastic) & Simple Moving average.

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10) Notes
11) https://www.nseindia.com/
12) https://www.investing.com/
13) http://www.moneycontrol.com/technicals/breakout/positive/avg 200/
14) http://iosjournals.org/iosr-jbm/pages/submit-an-article.html
15) http://economictimes.indiatimes.com/markets/stocks/news/phar ma-stocks-available-on-a-lottery-saysjhunjhunwala/ articleshow/52233074.cms