Stock Movement of Wipro Using Technical Analysis

IT Sector is one of the important sectors which plays a vital role in the development of Indian Economy. Wipro Limited is a global Information Technology, consulting and BPS (Business Process Services) Company. It is the fourth largest company among IT sectors in India. In this paper, we intend to analyse stock movement of the Wipro Limited for the past five years. we also predict the stock movement with and without the Volatility. Among various methods available in the technical analysis, we consider Bollinger bands method and Autoregressive Integrated Moving Average (ARIMA) model. This study helps us to observe the variation and measure the Volatility of Wipro Limited.