Technical analysis of equity shares

This paper is a result of the technical analysis of selected equity shares through various methods so as to advice any investor regarding the optimum situations in the market to buy and sell. Also this paper endeavours to suggest the investor how to react to various given situations in the market. For the purpose of this study four companies have been considered, two from the Information Technology Sector and two from the Banking Sector respectively. Out of this one company is an already established company and the other company is an emerging company. The methods used for the purpose of this study are Simple Moving Average, Rate of Change (ROC) and Relative Strength Index (RSI). The simple moving average method helps in calculating the trend that a particular share had in the year, whether upward or downward, whereas ROC helps in calculating the oversold or undersold regions for any share and RSI talks about the optimum point to buy and sell.