The Use of Technical and Fundamental Analyses By Stock Exchange Brokers: Indian Evidence
Journal Title: Journal of Empirical Economics - Year 2014, Vol 2, Issue 4
Abstract
This paper presents findings of an online questionnaire survey, conducted among stock brokers of Bombay Stock Exchange, India, over the use of technical and fundamental analysis to form forecasts of stock price movements. Findings reveal that at least 90 percent of the stock brokers place some weight on technical analysis when forming views at one or more time periods. It was noticed that at shorter time periods, there exists a skew towards reliance on technical analysis as compared to fundamental analysis, but as the length of time period increases the skew shifts to fundamental analysis. Most of the stock brokers view technical analysis as complementary to fundamental analysis.
Authors and Affiliations
Naveen Kumar Baradi, Sanjay Mohapatra
Keywords
Related Articles
- EP ID EP27349
- DOI -
- Views 336
- Downloads 9
Optimizing the Efficiency of Tennessee Prekindergarten Through Twelfth Grade Public Education: Urban-Centric Locales
Previous studies that assess public school district efficiency have been restricted in practical research. Most studies base efficiency on student achievement, which can be convoluted due to the demographics of a public...
Does Export Trading Influence Economic Growth In Ghana?
The paper uses annual data to analyse the link between export and economic growth for Ghana for the period 1960 to 2012 using Autoregressive Distributed Lag (ARDL) Model and Granger Predictability test. Using Microfit...
Analysis of Russia’s Bilateral Trade and Economic Cooperation with SCO country Members: Gravity Model Approach
SCO (Shanghai Cooperation Organization) plays an important role in the economic spheres of influence in Central Asia, and also serves as an effective instrument of regional economic integration. International trade int...
Looking Into The Future: Which Economy Will Be Performing Better Circa 2060, India Or China?
Despite the politicization of Zimbabwe‟s Look East Policy- which apparently has been also adopted by a number of African countries, this policy is bound to bring a lot of economic gains for Zimbabwe and the continent a...
Public Education Expenditure and Economic Growth in Nigeria: A Disaggregated Approach
This study examines the effects of the components of public education expenditure on both education attainment and economic growth in Nigeria from 1970 to 2010.The Instrumental Variable Two Stage Least Squares estimati...