A Study on Technical Analysis of Selected Equity Stocks Listed on NSE

1Kamalesh P, 2Elayaraja A

1Student, 2Assistant Professor of Department of Management

1Department of Management Studies,

1Panimalar Engineering College, Poonamallee, Chennai, India

This study focuses on the application of technical analysis in understanding stock price movements of selected equity stocks listed on the National Stock Exchange (NSE). The research is based on secondary data collected from reliable financial sources and applies various technical tools such as candlestick charts, Relative Strength Index (RSI), Rate of Change (ROC), and Moving Averages. The findings reveal that stock prices exhibit significant volatility influenced by market conditions, investor sentiment, and external economic factors. Technical indicators help in identifying trends, momentum, and possible reversal points, enabling better investment decisions. The study concludes that technical analysis is an effective tool for analyzing market behavior and managing investment risks.Keywords: Technical Analysis, NSE, Stock Market, RSI, ROC, Moving Average, Candlestick, Volatility