A Study on Technical Analysis of Stocks

Abstract

This research paper investigates the efficacy of technical analysis in the stock market and its potential to guide investment decisions. Technical analysis encompasses a variety of charting tools and indicators to forecast future price movements based on historical data. This study assesses the reliability of commonly used such techniques. Through a comprehensive review of existing literature and case studies of specific stocks, the research aims to evaluate how technical analysis can be applied in practice to enhance investment strategies and risk management. By scrutinizing past performance and comparing it with real-time market data, the paper provides insights into the strengths and limitations of technical analysis as an investment tool, offering recommendations for its optimal use in portfolio management.Top of Form