This study analyses the technical stock performance of HDFC Bank Ltd. on the Bombay Stock Exchange (BSE) for a two-month period. The research uses technical indicators such as Exponential Moving Average (EMA) and Moving Average Convergence Divergence (MACD) to understand short-term price trends and momentum. Secondary data of daily closing prices and trading volume are used for analysis. The study shows how technical indicators help investors identify buying and selling opportunities during market fluctuations. Even without complex statistical testing, the findings highlight that chart-based tools are useful for making quick and informed trading decisions in uncertain market conditions.
Mr.Janansree.R et al. (Sun,) studied this question.