Profitability of Oscillators Used in Technical Analysis for Financial Market
Advances in Economics and Business Management (AEBM) Print ISSN: 2394-1545; Online ISSN: 2394-1553; Volume 2, Number 9; April-June, 2015 pp. 925-931
7 Pages Posted: 6 Dec 2015
Date Written: July 21, 2015
This research paper aim to examine the profitability of various kinds of oscillator used in technical analysis on market index of NSE (National Stock Exchange) S&P CNX NIFTY 50 during 2004-2014. We have selected the most commonly used three oscillators i.e., Stochastic oscillator, RSI Oscillator and Commodity Channel Index (CCI). The results clearly express that CCI outperform the remaining two oscillators in terms of profitability for S&P CNX NIFTY 50 Index.
Keywords: Technical Analysis, CCI, RSI, Nifty, stock market
JEL Classification: G170, G150, G110, G100, G120, G1, G00, G2, G3, G14, G10, G11, F65, C01, C53, G17
Suggested Citation: Suggested Citation