- Thursday, Apr 2nd, 2026
| TITLE | An Empirical Study on the Effectiveness of Money Flow Index (MFI) In Predicting Stock Price Movements in Selected Indian Companies |
|---|---|
| ABSTRACT | The Money Flow Index (MFI) is a widely used momentum-based technical indicator that integrates price and volume to assess buying and selling pressure in financial markets. This study empirically examines the effectiveness of MFI in predicting stock price movements of selected Indian companies—WIPRO, INFOSYS, TATA CHEMICALS, MRF, and ICICI BANK—listed on the National Stock Exchange (NSE). Using secondary data for the period January–March 2024, MFI values are calculated and analyzed to identify buy and sell signals. The findings reveal that MFI effectively captures market sentiment and provides meaningful trading signals when combined with other technical indicators. The study contributes to technical analysis literature by validating MFI’s applicability in the Indian stock market context. |
| AUTHOR | Dr. B. Muthukrishnan, Dr. Ramesh Naik Vankadoth Professor, Department of MBA, CMRTC, Hyderabad, India |
| VOLUME | 13 |
| DOI | DOI:10.15680/IJARETY.2026.1302019 |
| 19_An Empirical Study on the Effectiveness of Money Flow Index (Mfi) In Predicting Stock Price Movements in Selected Indian Companies.pdf | |
| KEYWORDS | |
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