Predicting the movements of equity stocks using exponential moving average. The sample of banking stocks in NSE

Academic Paper from the year 2019 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 10, Bangalore University / Central College (KKECS Institute of Management Studies), course: MBA, language: English, abstract: The aim of the study is to discover the validity of the Exponential Moving Average (EMA) for short term investments. Here we collected the closing prices data of HDFC Bank, ICICI Bank, Kotak Bank, State Bank of India and Punjab National Bank which was listed in National Stock Exchange (NSE) for the period of 1st April 2019 to 1st October 2019. Here we identified that the Exponential Moving Average (EMA) technical tool will able to generate the reliable and valid results which can make to choose right equity stock for short term investments. The study concludes that exponential Moving Average (EMA) will competent to generate the valid results but investor should not only depends Exponential Moving Average (EMA) and also verifies with other technical indicators

He has done his Master of Business Administration at KKECS Institute of Management Studies (Affiliated to Bangalore University). Currently he is pursuing his PhD from Vellore University, Vellore. He has 9 years Experience in Teaching and 3 years in Industrial Experience. He guided around 100 projects for MBA students. He is authored of 10 Research papers published in various international journals with good impact factor and also published 3 books with ISBN number in reputed publishers. He is the life time member of ISRD, London, IAASSE and ISROSET.