subject : security analysis and portfolio management.

a) You want to use your newly acquired knowledge of technical analysis to make investment decisions in the market. You plan to use 5 day moving average for making buy sell decisions. You have extracted the following data for the Sensex for the last 15 days of October 2023. Based on this data, answer the following i. Is the Sensex showing a bullish or bearish trend? ii. Would the closing value of the Sensex on day 15 signal a continuation or reversal of trend? iii. Explain the reasoning for your choice. ( Marks:1+1+2) b) If the mutual fund cash position is close to 12 percent, would a contrarian technician consider this cash position bullish or bearish? Give reasons for this opinion. (Marks:3) c) The following data is given to you regarding the Advance Decline Ratio of the market over a 10- day period in September 2023. What does this ratio indicate? ii. How would this ratio be interpreted by a contrarian investor? Explain