“A study on technical analysis with special preference to insurance sector companies with the help of MACD and RSI”

Technical analysts believe that the historical performance of stock & markets are indicators for the performance of future. Technical Analysis a process of identifying trend reversals at an early stage to formulate the buying strategies and selling strategies. Technical Analysis is the forecasting of future financial price movements based on an examination of the movement of past price. Technical analysis does not conclude in wholly forecast about the future with regard to forecasting. Technical analysis is study of predicting prices of securities for future the main aim of technical analysis is to generate the returns by charter person decide when to enter and when to exit in the security. A significant technical analysis of selected insurance companies which helps to understand the price behaviour of the shares, the signals given by them and the major turning points of the market price. This paper is aims at carrying out Technical Analysis of the securities of the selected insurance companies and to assist investment decisions. Analysis is based on the technical tools like Moving Average Convergence-Divergence and Relative Strength Index.