• VIDHYASHREE M
• Dr. Eti.Khatri
• Ashwini A

Technical Analysis is a study of the stock market relating to factors affecting the supply and demand of stocks and also helps in understanding the intrinsic value of shares and to know whether the shares are undervalued or overvalued. The stock market indicators would help the investor to identify major market turning points. This is a significant technical analysis of selected companies which helps to understand the price behavior of the shares, the signals given by them and the major turning points of the market price. Any investor or trader must certainly consider technical analysis as a tool whether to buy the stock at a particular point of time though it is fundamentally strong. The objective of the study is the technical analysis on selected stocks of steel sector and interprets on whether to buy or sell them by using techniques. The study is purely based on secondary sources which includes the historical data available from the website. For the purpose of analysis, techniques like Candlestick Charts, Simple moving average, ROC and RSI is used for the analysis to know if the stock is technically strong.

Stock, Market, Candle stick chart, Simple Moving Average

"A STUDY ON TECHNICAL ANALYSIS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 1, page no.e742-e764, January-2024, Available :http://www.jetir.org/papers/JETIR2401492.pdf

"A STUDY ON TECHNICAL ANALYSIS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 1, page no. ppe742-e764, January-2024, Available at : http://www.jetir.org/papers/JETIR2401492.pdf