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 negative trend is expected to prevail in the market. Below are some short-term trading ideas to consider.
The market is expected to maintain bullish momentum after surpassing the August swing high. Below are some short-term trading ideas to consider.
The frontline indices are expected to see more consolidation with a negative bias in case the 10-day EMA is broken. Below are some short-term trading ideas to consider.
The consolidation is expected to continue until the frontline indices decisively surpass their recent swing highs. Below are some short-term trading ideas to consider.
The market may extend gains amid likely consolidation. Below are some trading ideas for the near term.
The market is expected to remain in positive territory amid consolidation. Below are some trading ideas for the near term.
The bullish sentiment is expected to sustain with the VIX reaching a one-month low. Below are some trading ideas for the near term.
The rangebound trade may continue until the frontline indices decisively break Monday's high. Below are some trading ideas for the near term.
The Data Center sector represents one of the most promising growth areas in the Indian market, driven by the expansion of digital infrastructure and increased data consumption.
The market is expected to attempt an upward movement amid likely consolidation. Below are some trading ideas for the near term.
With the Nifty50 index showing early signs of a potential reversal, these stocks could be set for bigger gains if the market continues its bullish shift.
The market may attempt to rebound amid consolidation, but it seems unsustainable given the overall negative sentiment.
The Nifty 50 is expected to consolidate with a hurdle at 24,200 on the higher side and support at 23,800. Here are some trading ideas for the near term.
Here's what experts recommend investors should do with these stocks when the market resumes trading on Budget day.
Considering the overall chart structure, the expert anticipates short-term volatility and recommends buying Nifty at support near the 21,100 – 21,000 zone for an upside potential ranging from 21,500 to 21,850 levels.
A move above 21,800 can lead to a short-covering move towards 22,000 and 22,200 levels on the Nifty 50.
Bharat Forge has formed long bullish candlestick pattern with minor upper & lower shadows on the daily scale with robust volumes. The stock climbed above 21 as well as 50-day EMA on Monday.
if the said level get decisively broken on the higher side, then 19,500-19,600 can't be ruled out, whereas on the lower side, 19,000-18,900 is likely to be a key support zone, experts said
Godrej Properties saw breakout of slightly downward sloping resistance trendline adjoining highs of July 28 and October 11, and formed long bullish candlestick pattern on the daily scale with robust volumes.
On October 25, Nifty50 dropped 160 points to 19,122, forming a bearish candlestick pattern on the daily charts with a bearish RSI crossover. BSE Sensex also declined by 523 points, closing at 64,049. Notably, Amber Enterprises India, Tata Teleservices, and Tata Elxsi stood out as stocks that defied the bearish trend.
Malay Thakkar of GEPL Capital advises traders and investors to also continue holding NLC India for an upside towards Rs 97 followed by Rs 102
Indicators and oscillators like directional movement index (DMI), RSI and moving average convergence divergence (MACD) have given fresh buy signal in Wipro on the short term charts.
The biggest beneficiaries would be the infrastructure segment, capital goods, real estate, railways, power, fintech, agriculture, defence and banks, say experts. One of them said the Budget will be negative for the entire PSU and PSU bank space since there were no major announcements on divestments.
Trade Spotlight | Here's what Malay Thakkar of GEPL Capital, recommends investors should do with these stocks when the market resumes trading today
The Nifty50 is expected to be in the range of 17,500-18,000. Only a break above 18,000 will increase momentum on the upside and trigger fresh buying, says Malay Thakkar