@ Kiran, please have a look of the attached file.

Thank you sir J. C. Tarafdar

Dear Kiran,

Have a look at the following URL's:

https://www.wur.nl/en/Research-Results/Chair-groups/Environmental-Sciences/Laboratory-of-Geo-information-Science-and-Remote-Sensing/Research/Integrated-land-monitoring/Change_detection_and_monitoring.htm

Article Tropical deforestation monitoring using NDVI from MODIS sate...

https://ufdc.ufl.edu/UFE0051922/00001

and a complete Bibliography:

https://www.bing.com/search?pc=COSP&ptag=D040820-N0610A21ABFDD9D88F4162B1F&form=CONBDF&conlogo=CT3332016&q=Deforestation%20monitoring%20using%20MODIS%20NDVI%20time%20series

You will need some tie to swallow all these papers and Info specifically on your topic. The idea has been applied a lot with long-term NDVI data.

Good luck,

Frank