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
Given the confluence of support levels from the 200DEMA and the Bullish Crab pattern, National Aluminium is poised for a potential bullish resurgence.
The trend is likely to remain positive, but consolidation cannot be ruled out until the benchmark indices decisively surpass the 50 percent Fibonacci retracement. Below are some trading ideas for the near term.
Experts expect the Nifty 50 to continue its upward journey towards the 24,700-24,800 zone, though some consolidation is likely. Above this range, the level to watch is 25,000, while on the downside, 24,300-24,200 is the key support area. Here are some trading ideas for the near term.
According to experts, the Nifty 50 needs to break its consolidation by decisively climbing above 24,400, which could open the doors for 24,700, while 24,100-24,000 is expected to be a key support zone. Here are some trading ideas for the near term.
Affle India has also seen a breakout of falling resistance trendline and formed long bullish candlestick pattern on the daily timeframe, with robust volumes.
AI is finding demand among various Indian companies for technology, sales, customer support and marketing. These stocks may gain from the artificial intelligence play.
Till the time the Nifty does not surpass the 19,550 – 19,600 level on a closing basis, one should avoid being complacent and ideally, it’s better to avoid aggressive trades, according to experts
Coal India has also seen a breakout of falling resistance trendline and formed robust bullish candlestick pattern on the daily scale, while the volumes remained strong for second consecutive session.
For the Nifty, support is at 18,325–18,245, while on the upside, 18,800-18,888-19,000 will be the next resistance levels
Affle India formed long bullish candle on the daily charts with robust volumes. The stock has seen a break out of long downward sloping resistance trend line adjoining January 14 and November 14 this year, as well as short downward sloping resistance trend line adjoining September 13 and November 14 this year.
Strides Pharma Science and Indraprastha Gas, which were among the top gainers in the F&O segment, and Affle formed bullish candlesticks on the daily chart on June 15
Here's what Mazhar Mohammad of Chartviewindia.in recommends investors should do with these stocks when the market resumes trading today
Here's what Mazhar Mohammad of Chartviewindia.in recommends investors should do with these stocks when the market resumes trading today
On the occasion of Dussehra, experts list out 10 fundamental picks that can be considered for buying. HDFC, Affle (India) figure on the list.
Here's what Mehul Kothari of Anand Rathi Shares & Stock Brokers, recommends investors should do with these stocks when the market resumes trading today.
DII and FII buying at various bottoms have arrested the downfall and we see buying interest from various market participants, said Vijay Kuppa of Orowealth.
Historically speaking, the midcap and smallcap indices have never given negative returns for two consecutive years, and they have had a dismal 2018.
Prashanth Tapse of Mehta Equities advised investors to add more and hold it for short to medium term with a target of 1,150-1,200.