2025, Vol. 6, Issue 2, Part B
A study on candlestick patterns and volume analysis on market indexes with reference to Nifty 50 and Sensex
Author(s): Ashok Botta and Mamidi Lohith
Abstract: This study analyzes candlestick patterns and volume behavior within the Nifty 50 and SENSEX over a one-year period using NSE and BSE data. It identifies recurring technical patterns, evaluates their reliability, and examines how volume confirms or contradicts price movements. Through statistical analysis, the research compares the effectiveness of technical analysis across both indices. The findings offer insights into the predictive power of candlestick patterns, providing valuable implications for investors and traders. This study adds empirical evidence to the literature on technical analysis in Indian equity markets.
DOI: 10.22271/27084515.2025.v6.i2b.643
Pages: 125-135 | Views: 565 | Downloads: 237
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How to cite this article:
Ashok Botta, Mamidi Lohith. A study on candlestick patterns and volume analysis on market indexes with reference to Nifty 50 and Sensex. Asian J Manage Commerce 2025;6(2):125-135. DOI: 10.22271/27084515.2025.v6.i2b.643
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