Forecasting Stock Prices of Selected FMCG Companies Listed in NSE India Limited Using Technical Analysis

International Journal of Applied Financial Management Perspectives, Spril-June 2017

19 Pages Posted: 2 Dec 2018

See all articles by Patnam Nawaz Sharief

Patnam Nawaz Sharief

Madanapalle Institute of Technology & Science, Department of Management Studies, Students

Mohammed Mujahed Ali

Madanapalle Institute of Technology & Science

Vara Prasad

Madanapalle Institute of Technology & Science - Department of Management Studies

Date Written: June 17, 2017

Abstract

The participation of retail investors in the stock market has grown tremendously, as the beckon of economic reforms initiated by the government has brought structural changes and influenced the functioning and governance of the Indian capital market since liberalization, Privatization and globalization. The present paper instigate the use of technical analysis to predict the stock prices of select FMCG Companies listed in NSE India Limited by using Relative strength index and MACD.

Keywords: FMCG, MACD, Relative Strength Index, ADL, Charts, Moving Averages

Suggested Citation

Sharief, Patnam Nawaz and Ali, Mohammed Mujahed and Prasad, Vara, Forecasting Stock Prices of Selected FMCG Companies Listed in NSE India Limited Using Technical Analysis (June 17, 2017). International Journal of Applied Financial Management Perspectives, Spril-June 2017. Available at SSRN: https://ssrn.com/abstract=3280884

Patnam Nawaz Sharief

Madanapalle Institute of Technology & Science, Department of Management Studies, Students ( email )

Madanapalle
India

Mohammed Mujahed Ali (Contact Author)

Madanapalle Institute of Technology & Science ( email )

Angallu,
Kadiri Road
Madanapalle Chittoor, Andhra Pradesh 517325
India

Vara Prasad

Madanapalle Institute of Technology & Science - Department of Management Studies ( email )

Madanapalle
India

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