Profitability of Oscillators Used in Technical Analysis for Financial Market

Advances in Economics and Business Management (AEBM) Print ISSN: 2394-1545; Online ISSN: 2394-1553; Volume 2, Number 9; April-June, 2015 pp. 925-931

7 Pages Posted: 6 Dec 2015

See all articles by Mohd Naved

Mohd Naved

Noida International University

Prabhat Srivastava

Noida International University

Date Written: July 21, 2015

Abstract

This research paper aim to examine the profitability of various kinds of oscillator used in technical analysis on market index of NSE (National Stock Exchange) S&P CNX NIFTY 50 during 2004-2014. We have selected the most commonly used three oscillators i.e., Stochastic oscillator, RSI Oscillator and Commodity Channel Index (CCI). The results clearly express that CCI outperform the remaining two oscillators in terms of profitability for S&P CNX NIFTY 50 Index.

Keywords: Technical Analysis, CCI, RSI, Nifty, stock market

JEL Classification: G170, G150, G110, G100, G120, G1, G00, G2, G3, G14, G10, G11, F65, C01, C53, G17

Suggested Citation

Naved, Mohd and Srivastava, Prabhat, Profitability of Oscillators Used in Technical Analysis for Financial Market (July 21, 2015). Advances in Economics and Business Management (AEBM) Print ISSN: 2394-1545; Online ISSN: 2394-1553; Volume 2, Number 9; April-June, 2015 pp. 925-931 . Available at SSRN: https://ssrn.com/abstract=2699105 or http://dx.doi.org/10.2139/ssrn.2699105

Mohd Naved (Contact Author)

Noida International University ( email )

Plot No.1, Sector 17-A, Yamuna Expressway,
GB Nagar, UP
Gautam Budh Na, 201310
India

Prabhat Srivastava

Noida International University ( email )

Plot No.1, Sector 17-A, Yamuna Expressway,
GB Nagar, UP
Gautam Budh Na, 201310
India

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