Record Details

Analysis of Nifty Movement on Share Prices of Selected Construction Companies

International Journal of Management and Information Technology

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Field Value
 
Title Analysis of Nifty Movement on Share Prices of Selected Construction Companies
 
Creator Gomathi, M.
Nirmala, Dr.S.
 
Subject Technical analysis; Rate of Change; Relative strength index.
 
Description This study aims at analyzing and predicting the price movements of construction companies stocks contributing to the NIFTY50 Index. To analyze the volatility of telecom stock and understand the behavior of stock prices in construction sector stocks i.e. (JP ASSOCIATES LIMITED, DLF LIMITED, GAMMON INDIA LIMITED, PUNJ LLOYD LIMITED, HCC LIMITED). The data for these stocks are collected from magazines, newspaper and websites. The stocks are analyzed by monitoring their respective price movements using technical tools. The technical tools used in this study are Exponential moving average, Relative strength index, Rate of change, MACD. Using these tools the trend over the recent past was deciphered. The expected trend in the immediate future was also predicted. Technical Analysis studies the price and volume movement in the market and predicts the future. It helps in identifying that the best time to buy and sell equity. Technical Analysis is a method of evaluating equities by analyzing the statistics generated by market activity, such as past prices and volume. 
 
Publisher CIRWORLD
 
Date 2006-12-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://cirworld.com/index.php/ijmit/article/view/1421
 
Source INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY; Vol 1 No 3; 59-65
2278-5612
 
Language eng
 
Relation https://cirworld.com/index.php/ijmit/article/view/1421/1385
 
Rights Copyright (c) 2012 INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY
http://creativecommons.org/licenses/by/4.0