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International Journal of Creative and Open Research in Engineering and Management

A Peer-Reviewed, Open-Access International Journal Supporting Multidisciplinary Research, Digital Publishing Standards, DOI Registration, and Academic Indexing.
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ISSN: 3108-1754 (Online)
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ISO Certification: 9001:2015
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License: CC BY 4.0
Peer Review: Double Blind
Volume 02, Issue 05

Published on: May 2026

IMPACT OF TECHNICAL ANALYSIS TOOLS IN SHORT-TERM TRADING DECISIONS IN THE INDIAN STOCK MARKET

Maniyarasan.S

Dr.Dinesh Babu Mahendiran

MBA (Business analytics) School of Management Studies

Vels Institute of Science Technology & Advanced Studies, Chennai
DOI:https://doi.org/10.55041/ijcope.v2i5.376

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Abstract

The Indian stock market is witnessing rapid growth due to digitization, widespread internet access, and significant participation of retail investors. In this dynamic environment, short-term traders often resort to technical analysis including Relative Strength Index, Moving Average Convergence Divergence, and Moving Average to determine the correct entry and exit points for investments. Hence, the current study aims at determining the impact of technical analysis tools on short-term trading behavior of Indian retail investors. First, data were collected using a survey questionnaire comprising Likert scale questions from a sample of 101 active short-term traders sampled using purposive sampling techniques. Techniques such as percentage analysis, correlation, ANOVA, and regression analysis were employed to analyze the gathered data in Microsoft Excel and SPSS programs. According to the results, 61.4% of the respondents utilize technical analysis for their trades, whereas 52.5% rely on different technical analysis indicators to affirm decisions. Conversely, 60.4% of the respondents indicated satisfaction with technical analysis in making decisions. More so, regression analysis confirms that proper utilization of technical analysis boosts trading effectiveness and satisfaction. Additionally, correlation suggests that technical analysis can assist traders in minimizing risks and avoiding losses.

Keywords: Technical Analysis, Short-Term Trading, Indian Stock Market, RSI, MACD, Moving Averages, Trading Decisions, Risk Management.

How to Cite this Paper

Maniyarasan.S, (2026). Impact of Technical Analysis Tools in Short-Term Trading Decisions in the Indian Stock Market. International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(05). https://doi.org/10.55041/ijcope.v2i5.376

Maniyarasan.S, . "Impact of Technical Analysis Tools in Short-Term Trading Decisions in the Indian Stock Market." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 05, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i5.376.

Maniyarasan.S, . "Impact of Technical Analysis Tools in Short-Term Trading Decisions in the Indian Stock Market." International Journal of Creative and Open Research in Engineering and Management 02, no. 05 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i5.376.

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  • •Published on: May 12 2026
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