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Answer both parts Given below is the daily price information of Larsen & Toubro for the last 6 trading session in March, 1999. Day 1
Answer both parts
Given below is the daily price information of Larsen & Toubro for the last 6 trading session in March, 1999. Day 1 2 3 Price of L & T (Rs.) 575.50 545.40 535.35 540.80 542.50 550.60 4 6 You are required to i. Calculate the 50-day. Exponential Moving Average (EMA) for Larsen & Toubro. You can assume that the 50-day Simple Moving Average (SMA) for the first day is Rs. 532.25. ii. Compare EMA with price and interpret the resultsStep by Step Solution
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