Stock analysis is used by traders to make buy and sell call. It’s an approach to make informed decisions while investing in stocks. Stock analysis can be categorised into – fundamental analysis and technical analysis. Fundamental analysis is evaluation of data from sources, including financial records, economic reports, company assets, and market share. Analysts typically study the company’s financial statements – balance sheet, income statement, cash flow statement, and footnotes. These statements are made available to the investors in the form of quarterly earnings, disclosures to stock exchanges in compliance with the Securities and Exchange Board of India (Sebi) norms. In fundamental analysis, the analysts particularly check for a company's core income, income from other sources, profitability, guidance, assets and liabilities and debt ratio among other parameters. The other method, i.e. the technical analysis focuses purely on statistical data. It works on two assumptions; one, the stock price reflects the fundamentals. Second, the study of past and present movement in prices can help determine the future price trends. Technical analysis primarily deals with price, volume, demand and supply factors. This method is effective only when supply and demand forces influence the market. However, when outside factors are involved in a price movement, technical analysis may not be successful. More
The market is expected to remain cautious and continue consolidating in the upcoming sessions. Below are some short-term trading ideas to consider.
The market may attempt a bounce back considering the oversold conditions, but it is unlikely to sustain the same. Below are some trading ideas for the near term.
The consolidation is expected to continue until the indices decisively break the range of the last three days on either side. Below are some trading ideas for the near term.
The next hurdle for the Nifty is the 20,164 levels. If the index can break this levels, it could move up to 20,300 and 20,500 levels.
Experts foresee a rebound with resistance at 19,300-19,400 levels, followed by 19,500 levels in the coming session. In case the index breaks 19,200, then the correction can be seen up to the 19,000 mark
The index is likely to consolidate in the monthly F&O expiry week, and if the index takes support and rebounds, then 18,700-18,900 could be the resistance area, whereas 18,500-18,450 could be the next crucial support in case of correction in coming sessions
Healthcare Global Enterprises has broken out from the horizontal channel on the weekly charts. Price breakout is accompanied by jump in volumes. It is placed above all important moving averages, which indicates bullish trend on all time frames.
Once the dust settles, markets are expected to hit new highs, as many of the signals are positive
Here's what Mehul Kothari of Anand Rathi Shares and Stock Brokers, and Shrikant Chouhan of Kotak Securities, recommend investors should do with these stocks when the market resumes trading today.
Here's what Shrikant Chouhan of Kotak Securities recommends investors should do with these stocks when the market resumes trading today.
Some private hospital stocks that can be in focus today include Apollo Hospitals, Fortis Healthcare, Max Healthcare Institute, Narayana Hrudayalaya, Shalby
The second wave of COVID-19 infections and its likely impact on earnings and the economy in the first quarter of FY22 could be capping the upside for the market. However, stock-specific opportunities are expected to continue, say experts.
VIX has seen been in decline mode and hit a 30-month low last week. Some bounce back can be seen from lower and may keep the market in check.
The Nifty midcap, smallcap indices continued to outperform. The last four weeks' up move helped Nifty smallcap index to completely retrace its preceding nine weeks' decline.
We expect volatility to extend further and one needs to trade on strict levels as it is buy on the dip and sell on rise market for the near term.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Ashok Leyland, BEL and Century Textiles and can sell Narayana Hrudayalaya.
IT sector, GST rates as well as stocks such as Apollo Hospitals and United Spirits, among others, are on investors’ radar.
According to Sharmila Joshi of sharmilajoshi.com, one may hold Narayana Hrudayalaya.
In an interview to CNBC-TV18, Ajay Bodke, CEO & Chief Portfolio Manager (PMS) at Prabhudas Lilladher Pvt. Ltd shared his readings and outlook on market, specific stocks and sectors.
In an interview to CNBC-TV18, Mayuresh Joshi of Angel Broking shared his readings and outlook on specific stocks and sector.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today.
Sudarshan Sukhani of s2analytics.com recommends selling United Breweries and Hexaware Technologies and feels that Narayana Hrudayalaya is a short term buy.
Pankaj Jain of SW Capital is of the view that one may stay with Narayana Hrudayalaya.
Dilip Bhat - Joint MD at Prabhudas Lilladher recommends buying Narayana Hrudayalaya.
Deven Choksey of KRChoksey Investment Managers is of the view that one can add Narayana Hrudayalaya to the portfolio.