Technical Analysis of Tata Consultancy Services Ltd. And Larsen & Toubro Infotech Ltd.

Abstract

Stock market plays a very crucial role in the country’s economy. Stock market is a place where people or laymen invest their money on shares. A place where buying or selling of shares takes place is Stock market. There are so many different sectors are there such as- Information Technology( IT ) sector, Pharmaceutical sector, Textile sector, Telecom sector, etc. which helps in developing the economy of our country. But in today’s date IT sector is in boom and performing well in the market and also plays an important role in the development of country’s economy. That’s why here we have choosing two famous IT companies for our Research Paper are- TCS and LTI. Technical analysis of selected IT companies have indicated that LTI company has performed best as compared to TCS. For evaluation the share price movement has been considered for a period of year from 2018-2022.