A Study On Banking Sectors Stock By Using Of Technical Analysis At Kotak Securities
Abstract
The banking sector plays a crucial role in the financial system and significantly influences stock market dynamics. This study aims to analyze the stock performance of selected banking companies using technical analysis tools and techniques. By examining price movements and trading volumes, the research seeks to identify patterns, trends, and potential investment opportunities. The study utilizes key technical indicators such as Moving Averages (MA), Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Bollinger Bands. Historical stock price data of major Indian banks including HDFC Bank, ICICI Bank, State Bank of India, and Axis Bank are analyzed over a defined period. Charts and technical signals are interpreted to suggest potential entry and exit points for investors.
