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A Study on the Long Short Term Memory Algorithm for Indian Stock Market Prediction

A. Menghwani1

Section:Research Paper, Product Type: Journal-Paper
Vol.9 , Issue.5 , pp.69-72, Oct-2021


Online published on Oct 31, 2021


Copyright © A. Menghwani . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
 

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IEEE Style Citation: A. Menghwani, “A Study on the Long Short Term Memory Algorithm for Indian Stock Market Prediction,” International Journal of Scientific Research in Computer Science and Engineering, Vol.9, Issue.5, pp.69-72, 2021.

MLA Style Citation: A. Menghwani "A Study on the Long Short Term Memory Algorithm for Indian Stock Market Prediction." International Journal of Scientific Research in Computer Science and Engineering 9.5 (2021): 69-72.

APA Style Citation: A. Menghwani, (2021). A Study on the Long Short Term Memory Algorithm for Indian Stock Market Prediction. International Journal of Scientific Research in Computer Science and Engineering, 9(5), 69-72.

BibTex Style Citation:
@article{Menghwani_2021,
author = {A. Menghwani},
title = {A Study on the Long Short Term Memory Algorithm for Indian Stock Market Prediction},
journal = {International Journal of Scientific Research in Computer Science and Engineering},
issue_date = {10 2021},
volume = {9},
Issue = {5},
month = {10},
year = {2021},
issn = {2347-2693},
pages = {69-72},
url = {https://www.isroset.org/journal/IJSRCSE/full_paper_view.php?paper_id=2596},
publisher = {IJCSE, Indore, INDIA},
}

RIS Style Citation:
TY - JOUR
UR - https://www.isroset.org/journal/IJSRCSE/full_paper_view.php?paper_id=2596
TI - A Study on the Long Short Term Memory Algorithm for Indian Stock Market Prediction
T2 - International Journal of Scientific Research in Computer Science and Engineering
AU - A. Menghwani
PY - 2021
DA - 2021/10/31
PB - IJCSE, Indore, INDIA
SP - 69-72
IS - 5
VL - 9
SN - 2347-2693
ER -

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Abstract :
The Modern Era has witnessed a new wave of changes when Covid 19 pandemic hit humanity. Many traditional patterns got violated and new things emerged. One of these things is the increase in Stock Market Investors. As these investors are usually considered to be small investors. So there is a need for a mechanism which can provide accurate stock value prediction for maximization of profit and minimization of Losses in Stock market trading. For doing so, the Machine Learning methods can be of great use . In this paper we have taken the time series data of Nifty 50 company stock price and then applied the LSTM (Long short Term Memory) method of RNN for predicting the stock values. As a result we have achieved satisfactory results in accurate prediction the stock value.

Key-Words / Index Term :
Stock market prediction, Machine Learning ,RNN (Recurrent Neural Network), LSTM (Long Short Term Memory)

References :
[1] Securities and Exchange Board of India, SEBI Annual Report 2021,https://www.sebi.gov.in/reports-and-statistics/publications/aug-2021/annual-report-2020-21_51610.html
[2] R.Vopai, “NIFTY-50 Stock Market Data (2000 - 2021)” ,
https://www.kaggle.com/rohanrao/nifty50-stock-market-data
[3] S.Emerson, R. Kennedy, L.O`Shea, J. O`Brien,“Trends and Applications of Machine Learning in Quantitative Finance” (May 30). 8th International Conference on Economics and Finance Research (ICEFR 2019), , 2019 Available at SSRN: https://ssrn.com/abstract=3397005
[4] A. Nayak, M. M. Manohara Pai, R. M. Pai, “Prediction Models for Indian Stock Market”,Procedia Computer Science, ISSN 1877-0509, Volume 89, Pages 441-449, 2016.
[5] M. Vijh, D.Chandola, V.Anand Tikkiwal, A.Kumar, “Stock Closing Price Prediction using Machine Learning Techniques”, Procedia Computer Science, ISSN 1877-0509, Volume 167, Pages 599-606, 2020.
[6] J.Shen, M.O.Shafiq, “Short-term stock market price trend prediction using a comprehensive deep learning system”. J Big Data 7, 66, 2020.
[7] A.Moghar, M.Hamiche, “Stock Market Prediction Using LSTM Recurrent Neural Network”, Procedia Computer Science, Volume 170, , Pages 1168-1173, 2020
[8] S.Banyal, P.Goel, D.Grover, ”Indian Stock-Market Prediction using Stacked LSTM AND Multi-Layered Perceptron” International Journal of Innovative Technology and Exploring Engineering (IJITEE) ISSN: 2278-3075, Volume-9 Issue-3, 2020.
[9] C.Olah,. Understanding lstm networks–colah’s blog. Colah. github. Io, 2015.

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