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 bearish sentiment may sustain in the short term, given the weakening momentum. Below are some short-term trading ideas to consider.
Market sentiment may improve further with the fall in India VIX and amid hopes of a 25 bps cut in the repo rate in the policy meeting on June 6. Below are some short-term trading ideas to consider.
The market is likely to consolidate further and may attempt to surpass last Thursday's swing high. Below are some short-term trading ideas to consider.
Overall, the trend remains positive, though some profit booking and consolidation in the upcoming sessions can't be ruled out after the robust gains of the previous session. Below are some short-term trading ideas to consider.
The market is expected to see further weakness if it decisively breaks the previous day's low. Below are some short-term trading ideas to consider.
The market is expected to remain rangebound in the upcoming sessions. Below are some short-term trading ideas to consider.
The key indices are likely to consolidate and remain range-bound in the upcoming sessions. Below are some trading ideas for the near term.
The positive momentum is expected to persist in the upcoming sessions, despite potential consolidation. Below are some trading ideas for the near term.
The bullish bias is expected to sustain in the upcoming sessions. Below are some trading ideas for the near term.
SBI Life Insurance Company has seen a breakout of horizontal resistance trendline adjoining multiple touchpoints and formed long bullish candlestick pattern with above average volumes.
Granules India closed at 10-month high and has seen a breakout of falling resistance trendline adjoining highs of December 23 last year and September 25 this year, and trading well above key moving averages.
The overall trend looks positive, the Nifty index can move higher till 19,000 followed by 19,366 levels in the coming future.
APL Apollo Tubes has been in an uptrend for sixth consecutive session, rising more than 4 percent to Rs 1,349 on Wednesday and formed long bullish candlestick pattern with no upper shadow and very small lower shadow on the daily charts.
IDFC First Bank formed bullish candle on the daily scale with above average volumes, as it gained 2.5 percent to close at Rs 56.50. With Tuesday's move, the stock got back above all key moving averages, with making higher highs higher lows for second straight session.
Triveni Turbine shares climbed 4.5 percent to Rs 315 and formed long bullish candle on the daily timeframe with making higher high higher low formation. The stock traded above all key moving averages (9, 21, 50, 100 and 200-day EMA - exponential moving average).
TVS Motor Company prices are nearing an all-time high, which demonstrates the strong upward momentum of the stock. The stock in the latest week has given a breakout from the downward slopping channel which suggest a reversal and a continuation of prior uptrend.
Experts feel the 17,800-18,200 range is expected to break on either side after the announcement of the Budget, hence, if the Nifty breaks 18,200, then 18,500 is the level to watch out for
APL Apollo Tubes has formed long bullish candle on the daily charts with above average volumes, making higher high higher low for second straight session with momentum oscillator RSI trading above 60 level.
APL will make an immediate investment of Rs 101.8 crore (through secondary market purchase plus 25 percent warrant subscription money), and the remaining investment of Rs 78.7 crore will be made within 18 months
The year 2020 is largely about survival, both health-wise and finance-wise. It is also an opportune time to tweak and tighten the portfolio for the next bull run, said Yes Securities
According to Prashanth Tapse, Surya Roshni, APL Apollo Tubes, Jindal Saw may benefit. Read on to find out which stocks other experts picked
Most experts favour quality stocks, saying once the pandemic is brought under control, these will be first to gain.
The government consistently focuses on development of smart cities across country, especially since they came in to power in 2014.
Lower interest rates and good monsoon are expected to help the economy. Also, positive developments in the global arena for the US-China trade deal and the Brexit resolution will provide additional support
Experts are positive on the market in the medium to long term, especially after recent government measures