Resumen
Stock markets are always taken as the barometer of the economy. The price movement of their indicesreflects every ups and downs of the economy. Although seem to be random, these price movements dofollow a certain track which can be identified using appropriate tool over long range data. One suchmethod is of Technical Analysis wherein future price trends are forecasted using past data. MomentumOscillators are the important tools of technical analysis.The current paper aims to identify the previous price movements of sensex by using Relative StrengthIndex (RSI) and Moving Average Convergence Divergence (MACD) tools and also aims to checkwhether these tools are appropriate in forecasting the price trends or not.