Technical Analysis Of Equity With Reference To Sensex At Karvy Financial Services Ltd

Abstract

In the stock industry the investment decision will be taken with the help of two important analyses, i.e. Fundamental Analysis and Technical Analysis. The present study relates to Technical Analysis of equity share of Avenue super marts Ltd with a view to analyse and understand the price movement and trends of equity share. For Technical Analysis, the daily share price movements of the Avenue Super Marts Ltd were absorbed during the period from 1st may 2019 to 5th July 2019. The closing prices of share were taken and the future price movement was analysed by using various tools like Simple Moving Average (SMA), Exponential Moving Average (EMA), and Relative Strength Index (RSI). The study is fully based on the secondary data which have been collected from the company reports and websites. Recently Avenue super marts Ltd occupies a premier position in the comity of Indian retail sectors and performing well in the stock market. .The primary objective of this study is to analyse the trends of Avenue Super Marts Ltd shares with the help of Simple Moving Average, Exponential Moving Average and Relative Strength Index