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 bears may gain strength if the market convincingly breaks the 20-day EMA and the midline of the Bollinger Bands. Below are some short-term trading ideas to consider.
The market is expected to remain in positive terrain, supported by strength in technical and momentum indicators. Below are some short-term trading ideas to consider.
The frontline indices are likely to rally if they start trading above all key moving averages. Below are some short-term trading ideas to consider.
The frontline indices are expected to continue trading within the previous week's range. Below are some short-term trading ideas to consider.
The benchmark indices are expected to consolidate further. Below are some short-term trading ideas to consider.
The market is expected to witness a healthy rally in the upcoming session after Trump announced a 90-day pause on tariffs for all countries except China (which remains subject to a 145% tariff rate), though uncertainties persist. Below are some trading ideas for the near term.
The market trend is expected to remain positive amid consolidation. Below are some trading ideas for the near term.
The market may extend the upward move amid consolidation, but sustainability will be key to watch. Below are some trading ideas for the near term.
The benchmark Nifty 50 needs to break the rangebound trade to establish a firm direction for the January series starting on December 27. 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.
The market is likely to maintain its upward journey amid intermittent consolidation. Here are some trading ideas for the near term.
Traders must trim their excessive exposure to small and mid-caps as there is more potential in blue-chip companies, says the brokerage.
Sun Pharmaceutical Industries formed healthy bullish candlestick pattern on the daily timeframe with above average volumes and traded above all key moving averages.
In the near term, given the RSI at overbought zone levels and PCR (Put-Call ratio) reached 1.5 mark, the consolidation or some pull back can't be ruled out, experts said.
Experts expect the Nifty to hit 21,500-22,000 points in coming months. The Nifty has formed bullish candlestick pattern with long lower shadow on the daily charts on December 5, indicating buying interest at lower levels.
Apollo Tyres surpassed its previous record high (touched in August this year) and hit a new high of Rs 445.80 intraday on last Friday after decisively breakout of falling resistance trendline.
In Paytm, the breakout of an ascending triangle formation is generally considered a bullish signal. This pattern consists of a flat top resistance level and upward sloping support, indicating potential buying pressure.
Hindalco Industries has given a breakout of Ascending Triangle pattern on the weekly time frame. The RSI plotted on the weekly and the daily time frame can be seen placed above the 55 mark, indicating expanding bullish momentum in the prices.
Delta Corp climbed 5 percent to Rs 232, the highest closing level since May 24 this year, and formed long bullish candle on the daily charts with above average volumes. Also there was a breakout of more than a month-long consolidation.
Apollo Tyres was also in focus, rising 4 percent to Rs 301, the highest ever closing level. The stock has formed strong bullish candle on the daily charts with above average volumes after consolidation for around one-and-half-month.
After a short-term correction, Dr Reddy's Laboratories has formed higher bottom reversal formation. The stock is consistently taking support near the 50 and 20 day SMA (Rs 4,192, Rs 4,227)
Traders with existing positions can continue to hold Apollo Tyres with a stop-loss placed below the swing low of Rs 191, and add on fresh positions above Rs 208 for a potential short term target around Rs 220.
It is going to be crucial for Nifty to sustain above the 18,350-18,400 range in the short term, said Ashis Biswas of CapitalVia Global Research.
Brokerages and market experts have been positive about the auto space of late as the sector is among the key beneficiaries of the economic recovery and low-interest rates.