IJSMT Journal

International Journal of Science, Strategic Management and Technology

An International, Peer-Reviewed, Open Access Scholarly Journal Indexed in recognized academic databases · DOI via Crossref The journal adheres to established scholarly publishing, peer-review, and research ethics guidelines set by the UGC

ISSN: 3108-1762 (Online)
webp (1)

Plagiarism Passed
Peer reviewed
Open Access

A COMPARATIVE PERFORMANCE APPRAISAL OF FUNDAMENTAL ANALYTICAL VS. TECHNICAL ANALYTICAL STRATEGIES OF INVESTMENT IN NATIONAL STOCK EXCHANGE

AUTHORS:
DevaDharshini P
Mentor
Dr.S.Bharathi
Affiliation
MBA School of management, Dhanalakshmi Srinivasan University
CC BY 4.0 License:
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract

This study titled “A Comparative Performance Appraisal of Fundamental Analytical Vs. Technical Analytical Strategies of Investment in the National Stock Exchange” examines and compares two major approaches used in stock market investment decisions. Fundamental Analysis evaluates a company’s intrinsic value through financial statements, earnings, assets, liabilities, and economic factors, whereas Technical Analysis focuses on price movements, trading volume, and chart patterns to predict future market trends. The study is based on both primary and secondary data. Primary data was collected from 100 respondents using a structured questionnaire to analyse investor awareness, preferences, and behaviour towards both analytical approaches. Secondary data was gathered from company reports, journals, stock market publications, and online financial sources. Statistical tools such as Chi-square, ANOVA, and Correlation analysis were used to examine relationships and differences among the variables influencing investment decisions. The findings reveal that both Fundamental and Technical Analysis significantly contribute to investment decision-making, though their effectiveness varies depending on market conditions and investor preferences. The study concludes that neither method can be considered universally superior; instead, a combination of both approaches provides a more comprehensive understanding of market behaviour and supports better investment decisions. The research recommends that investors adopt a balanced strategy integrating financial fundamentals with market trend analysis to maximize returns and minimize investment risks.

Keywords
Article Metrics
Article Views
29
PDF Downloads
0
HOW TO CITE
APA

MLA

Chicago

Copy

P, D. (2026). A Comparative Performance Appraisal of Fundamental Analytical Vs. Technical Analytical Strategies of Investment in National Stock Exchange. International Journal of Science, Strategic Management and Technology, 02(05). https://doi.org/10.55041/ijsmt.v2i5.482

P, DevaDharshini. "A Comparative Performance Appraisal of Fundamental Analytical Vs. Technical Analytical Strategies of Investment in National Stock Exchange." International Journal of Science, Strategic Management and Technology, vol. 02, no. 05, 2026, pp. . doi:https://doi.org/10.55041/ijsmt.v2i5.482.

P, DevaDharshini. "A Comparative Performance Appraisal of Fundamental Analytical Vs. Technical Analytical Strategies of Investment in National Stock Exchange." International Journal of Science, Strategic Management and Technology 02, no. 05 (2026). https://doi.org/https://doi.org/10.55041/ijsmt.v2i5.482.

References
1.Kannappa, R., & Bharathi, S. (2020). Cashless transactions and consumer lifestyle: Examining attitudes and preference in payment method selection. International Journal of Advanced Research in Engineering and Technology

2.Aravind, S., & Nair, R. (2025). Predictive Modeling of NIFTY 50: A Hybrid Approach using Fundamental Indicators and Deep Learning. Journal of Indian Financial Markets, Vol. 12(3), pp. 45–60.

3.Mehra, P., & Gupta, K. (2025). Market Efficiency and Behavioral Biases: A Comparative Analysis of Technical Patterns in NSE Blue-Chip Stocks. Financial Review of India, Vol. 10(2), pp. 78–92.

4.Reddy, M., & Rao, P. (2024). Assessing the Intrinsic Value of Energy Sector Stocks: A Discounted Cash Flow Approach vs. Moving Average Crossovers. Energy Economics Quarterly, Vol. 11(2), pp. 55–70.

5.Kapoor, A. (2024). Machine Learning vs. Technical Indicators: Forecasting Short-Term Price Movements in the NSE. Journal of Financial Technology, Vol. 7(2), pp. 89–105.

6.Varma, S. (2023). Financial Ratio Analysis and its Correlation with Stock Returns: Evidence from the Indian Information Technology Sector. Journal of Accounting Research, Vol. 18(3), pp. 72–88.

7.Patel, H., & Joshi, M. (2023). The Role of Fibonacci Retracements in Identifying Support and Resistance Levels in Nifty Bank. Technical Analysis Today, Vol. 5(1), pp. 33–47.

8.Bharathi, D. V. D. S. (2025). Comparative study of traditional marketing vs online marketing.

9.Sengupta, R. (2022). Behavioral Finance and Technical Analysis: Understanding Investor Sentiment during Market Corrections in the NSE. Psychology of Finance, Vol. 4(3), pp. 60–75.

10.Das, K., & Roy, S. (2022). Integration of Fundamental and Technical Analysis for Portfolio Optimization: A Study on NSE Selected Stocks. Portfolio Management Journal, Vol. 10(2), pp. 41–58.
Ethics and Compliance
✓ All ethical standards met
This article has undergone plagiarism screening and double-blind peer review. Editorial policies have been followed. Authors retain copyright under CC BY-NC 4.0 license. The research complies with ethical standards and institutional guidelines.
Indexed In
Similar Articles
An Empirical Study on Customer Satisfaction Towards Cellular Service Providers in Bhopal City
string(23) "Dr. Mahesh Dutta Mishra" Mishra, D. M. D.
(2026)
DOI: 10.55041/ijsmt.v2i3.147
Factor Analysis of Consumer Perception in Jewellery Business: An Empirical Study on Punjab
string(15) "Gaganpreet kaur" kaur, G.
(2026)
DOI: 10.55041/ijsmt.v2i3.031
Computer-Aided Drug Design and Synthesis of Potential Anticancer Molecules Targeting EGFR
string(17) "Amit S. Choudhary" Choudhary, A. S.
(2026)
DOI: 10.55041/ijsmt.v2i2.003
Scroll to Top