Technological Intervention in Financial Market Universe:
Journal: OJAS-Expanding Knowledge Horizon (Vol.9, No. 2)Publication Date: 2020-12-31
Authors : Nitin Kulshrestha;
Page : 23-32
Keywords : Technical Analysis; Fundamental Analysis; Indicators; Backtest; Nifty Index; Portfolio; Expert system; Algorithmic trading/investment;
Abstract
Purpose: The primary purpose of this paper is to understand that with the help of Techno Fundamentalanalysis, can we leverage the portfolio selection & investment management concerning risk management & superior returns within a specific time frame through the expert system.In this paper, we use the National Stock Exchange selected shares & apply fundamental analysis for selecting portfolio & technical analysis along with algorithmic trading for collection superior earning optimization. The empirical analysis includes backtesting of the chosen portfolio from Jan 2015 to Jan 2020 with the help of Amibroker software.This paper is written primarily for those financial enthusiasts who want to take leverage of trilogy i.e., Technical analysis, Fundamental analysis & Algorithmic trading/investment.The successful application of "FANTAM" approach will encourage the practitioners & academicians of Financial markets to research & explore further uses & practical impact of the present study.
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