Analysis of Stocks in Pharmaceutical Sector Listed on NSE

International Journal of Economics and Management Studies
© 2020 by SSRG - IJEMS Journal
Volume 7 Issue 5
Year of Publication : 2020
Authors : Kapil Deshpande, Priya Mohabey
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How to Cite?

Kapil Deshpande, Priya Mohabey, "Analysis of Stocks in Pharmaceutical Sector Listed on NSE," SSRG International Journal of Economics and Management Studies, vol. 7,  no. 5, pp. 163-166, 2020. Crossref, https://doi.org/10.14445/23939125/IJEMS-V7I5P124

Abstract:

The most alluring place today to make money for those who understand finance is the stock market. The most important aspect while making investments in stocks is to predict the future price trends, the variability of volumes, and the volatility or risk that is involved. Thus, technical analysis plays a very important role in predicting future price ups and downs and thus aiding the investors to collect maximum benefits from their investments. Various methods like beta calculations, relative strength index, exponential moving averages, and forecasting future price trends using mean and standard deviation can be used for conducting technical analysis. This paper focuses on performing technical analysis of major pharmaceutical companies listed on the National Stock Exchange(NSE). The change of prices of the shares undergoes a pattern that is cyclic and repeats itself over different intervals. Therefore, this study uses past data to calculate concerned indices and predict future price trends.

Keywords:

Beta calculations, Relative Strength Index, Exponential moving averages, and Moving Average Convergence and Divergence.

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