Stock market trading plays an important role for economic growth in every developing country. India is one of the largest and electronic stock market traders in the world. Reliance Group is one of the largest commercial investors in India. In this work we find the Reliance Communication Ltd (RCOM) weekly stock trade price forecast using Transistion Probability Matrix (TPM) method. From the results, it is more likely that the Small Decrease (SD) trend will be come the future weeks because it has a higher order probability chance.

Keywords : Stock Price, Markov Chain, Higher Order TPM Matrix