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 may remain range-bound until it trades below the previous week's high. Below are some short-term trading ideas to consider.
The market is expected to remain rangebound until the frontline indices reclaim and sustain above last week's high. Below are some short-term trading ideas to consider.
Consolidation is expected to continue in the upcoming sessions until the frontline indices trade above their short-term moving averages. Below are some short-term trading ideas to consider.
The market is likely to remain rangebound with focus on the Iran-Israel conflict. Below are some short-term trading ideas to consider.
Muhurat Trading Day: The market might rebound after a couple of days of weakness, but sustainability is the key to watch. Below are some trading ideas for the near term.
The Nifty 50 may rebound after this minor correction, although consolidation appears to be ongoing. Below are some trading ideas for the near term.
Titan Company has hit a fresh high while PNB and Asahi Glass have shown strong breakouts. Vidnyan Sawant of GEPL Capital sees the stocks rising further but advises maintaining a stop-loss.
Asahi India rebounded sharply and recouped all previous four-day losses in one session, rising 8 percent to Rs 595. The stock has formed strong bullish candlestick pattern on the daily charts, with robust volumes and trading above all key moving averages.
The psychological mark of 20,000 that was just missed last week remains an immediate hurdle, followed by the golden retracement target of 20,100 – 20,200
The trend is definitely positive, but considering the one-way rally of last several sessions, the possibility of some profit taking can't be ruled out in near term before we are getting into next leg of upmove, experts said.
The momentum indicator RSI has sustained above the 65 level on all the time frames like daily, weekly and monthly indicating strong positive momentum of the index.
Aegis Logistics rallied 7.6 percent to Rs 353 and formed robust bullish candlestick pattern on the daily charts with strong volumes. The stock closed above 50-day EMA (Rs 351) as well as 200-day EMA (Rs 338) in a single session after a consolidation breakout.
Asahi India and Indian Hotels show clear uptrend. Read on to know what Vidnyan Sawant of GEPL Capital suggests you should do with the stocks:
"Long term investors should not get carried away by such instant short term outperformance and can have exposure upto 20-25 percent in few promising quality mid & small cap stocks," Prashanth Tapse said.
The bad has been done or negligible is being left, one should start accumulating good quality and cheap valuations steps available in the market, says Dyaneshwar Padwal – AVP – Technical Analysis, KIFS Trade Capital to Moneycontrol.
Sandeep Wagle of powermywealth.com is of the view that one can buy IDFC, TVS Electronics and Asahi India Glass.
According to Prakash Diwan of prakashdiwan.in, one can buy UltraTech Cement.
Prakash Diwan, Altamount Capital Management is of the view that one may look at Asahi India Glass.
Dharmesh Kant of India Nivesh Securities recommends buying DCB Bank for a target price of Rs 99 and LIC Housing Finance for a target price of Rs 390.
Krish Subramanyam of Asit C Mehta Inv Intermediates recommends buying Chambal Fertilisers and Chemicals for a target price of Rs 65 and advises selling Mindtree for a target price of Rs 1040.
Dharmesh Kant of India Nivesh Securities recommends buying Ahmednagar Forgings for a target price of Rs 430 and Canara Bank for a target price of Rs 420.
Akshata Deshmukh of Networth Stock Broking recommends buying Oracle Financial Services Software for a target price of Rs 3,350 and Idea Cellular for a target price of Rs 154.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
SP Tulsian, sptulsian.com is of the view that Asahi India Glass can touch Rs 80.