Thesis

Browse

Now showing 1 - 1 of 1

Restricted
A STUDY OF PERFORMANCE OF MOVING AVERAGE, BOLLINGER BANDS AND RELATIVE STRENGTH INDEX IN SELECTED STOCKS AND STOCK INDICES
(Punjab Agricultural University, 2011) Babbar, Richa; Sachdeva, Y.P.
The present study “A Study of Performance of Moving Average, Bollinger Bands and Relative Strength Index (RSI) in Selected Stocks and Stock Indices” was undertaken to assess the performance of Moving Average, Bollinger Bands and RSI in selected stocks and stock indices. Objectives of the study were to study the performance of these techniques in selected stocks and indices. For the purpose of study two Indices BSE SENSEX and S&P CNX 500 were chosen and 15 stocks were chosen from S&P CNX NIFTY. It was found out that average returns from 200 Day Moving Average were higher in stocks and both the indices. Average return of all the stocks covered under study came out to be about 22 percent in case of 200 Day Moving Average. This average was higher as compared to other techniques. RSI technique provided consistent returns. Average return from RSI was highest in 8 out of 15 stocks. Average return from RSI was 10.03 percent in case of all stocks. Average return from Bollinger Bands was 4.61 percent in case of all stocks. Significant difference was found in returns from RSI and Bollinger Bands and also Bollinger bands and Buy and Hold in case of stocks. No significant difference was found in average return from the selected techniques in case of indices.