Trading Through Technical Analysis in Indian Stock Market

Technical analysis is an art or science of planting the stock info like price movements, trading volume and market situation within the form of charts for the aim of forecasting the future price trends. It will aid the investors to anticipate what is possible to happen to prices over the short time. And additionally, helps in understanding the intrinsic value of shares and knowing whether or not the scripts are undervalued or over valued by scrutinizing the turning points of the market. This analysis study tries to use technical analysis tools & techniques on selective scripts to help precise investment call in Indian equity/stock market. This analytical study is solely supported secondary knowledge that had been collected from National stock exchange (NSE) web site. For the aim of research Moving Average Convergence Divergence (MACD) technique is employed to spot the scripts are technically strong or not.