A Study On Technical Analysis Of The Commodity Market With Special Reference To Gold And Silver

Main Article Content

Dr. M.Mathiyarasan, Dr.M.Krishnamoorthi, Dr.P.Venkatesh, Dr.P.S. Immaculate

Abstract

This study has been conducted to observe the price change in the commodity market related to gold and silver trading in the commodity markets in India. Data is collected for a 5 year period which ranges from 2015 to 2019. A total of 132 observations have been taken from the commodity market and out of that gold and silver is selected for analysis out of the various commodity products available in India. In the study analytical research is used for analysis and data collection source is secondary. The type of research design is quantitative and stratified sampling technique is used for analysis. For the analysis Stockstics model is used for the decision making among the investors and traders in commodity market and Bollinger band model is used to predict the future share price of the selected commodity and trend analysis gives a predictable price for the upcoming future so the selection of time and avenue for the traders to invest in commodity market. As per the present trend and the analysis it can be concluded that, there is the high possibility of getting good returns, therefore it can be suggested that the investors can invest in the gold and silver commodity.

Article Details

Section
Articles