• Dr. Yogesh puri
• Pratyush nigam

Technical analysis is the study or process of understanding the current situation of the market condition and after understanding the next step is accordingly procrastination of the upcoming fluctuations and variations. It takes the factors which affect the market in the short term. It gives the information of overvalued and undervalued shares in the market so that we can predict accordingly the future position of the stocks. There would always be a rivalry between the fundamental and technical analysis approach but nobody can ignore the importance of technical analysis for traders. Instead of the fundamental analysis technical one is used more frequently by the active traders for gaining capital appreciation in the market. In this study the focus is on the performance of shares of software companies which are listed in bse30. Share prices have been taken from 2 December 2019 to 3 December 2021. Moving average convergence and divergence (MACD), Rate of change (ROC) and Relative strength index (RSI). All these calculations are performed at the closing and opening prices of respective companies.

Technical analysis, Moving average convergence and divergence, Rate of change, Relative strength index, Oversold, Overbought, Overvalued, Undervalued etc. ______________________________________________________________________________

"TECHNICAL ANALYSIS OF SOWFTWARE INDUSTRY OF BSE30", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 3, page no.a464-a479, March-2022, Available :http://www.jetir.org/papers/JETIR2203057.pdf

"TECHNICAL ANALYSIS OF SOWFTWARE INDUSTRY OF BSE30", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 3, page no. ppa464-a479, March-2022, Available at : http://www.jetir.org/papers/JETIR2203057.pdf