Abstract

Stock market is a place which decides the liquidity of a security by offering trading facilities. The price behaviour of stocks reflects the movements in their respective sector or company. The technical analysis, as a tool, offers insight into the price movements of these securities and tries to forecast the future price trends by using various tool like RSI, MACD, EMA etc. These trends can be for short or long term. The paper attempts to analyze and forecast the price movements of certain FMCG sector companies which are a part of Sensex with the help of various technical analysis tools. The paper also attempts to take an insight into the power of these tools to predict the stock prices under various conditions.

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