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 continue to consolidate as long as it trades below last week’s high. Below are some short-term trading ideas to consider.
The market is expected to remain range-bound, with last week’s support acting as a key base. Below are some short-term trading ideas to consider.
The market is expected to remain directionless in the upcoming sessions until it decisively breaks the trading range of May 15. 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 research report expects Adani Energy's revenue to grow at a CAGR of 20 percent from fiscal 2024 to 2027 and is 'Overweight' on the counter.
At the current juncture, Adani Transmission has given a clean triangle breakout with positive volume picking up which hints at a further upside.
Power Grid has been moving in an uptrend with higher highs and lows formation since March 2020. The stock has been taking support at its 20-week SMA (Rs 201) since January 2021 with some mild whipsaws.
Reliance retained its position as the biggest wealth creator for the third year in a row, with a 13.6% share of the total wealth created during 2016-21, according to a study by Motilal Oswal
Here's what Mazhar Mohammad of Chartviewindia.in recommends investors should do with these stocks when the market resumes trading today.
Stocks like Adani Total Gas vaulted 334 percent in the calendar year till June 11. Shares of Adani Transmission, Adani Enterprises and Adani Power have jumped between 200 percent and 265 percent in the same period
In the last four trading sessions, volatility has increased drastically and we have seen that the market swings at least 100 points in both the directions.
Rajesh Agarwal of AUM Capital recommends buying State Bank of India with stop loss at Rs 277 and target of Rs 293 and Interglobe Aviation with stop loss at Rs 1027 and target of Rs 1080.
Rajesh Agarwal of AUM Capital recommends buying Torrent Pharmaceuticals with stop loss at Rs 1768 and target of Rs 1800, Lupin with stop loss at Rs 898 and target of Rs 923 and Adani Transmission with stop loss at Rs 195 and target of Rs 215.
Nifty is likely to remain volatile ahead of expiry due on Thursday. Experts say investors should look for stock-specific opportunities to take advantage of the upside momentum.
After recouping losses from Thursday's close, the index formed a bullish engulfing pattern on its daily price chart. No significant formation was made on the weekly charts, indicating a positive trajectory among market participants.
Rajesh Agarwal of AUM Capital recommends buying United Spirits with stop loss at Rs 670 and target of Rs 694, Mahindra & Mahindra with stop loss at Rs 898 and target of Rs 920 and RBL Bank with stop loss at Rs 545 and target of Rs 565.
Rajesh Agarwal of AUM Capital recommends buying Indian Oil Corporation with stop loss at Rs 164 and target at Rs 174, a buy on Ujjivan Financial Services with stop loss at Rs 398 and target at Rs 417 and a buy also in Adani Transmission with stop loss at Rs 164 and target at Rs 176.
" The scrip is facing a resistance at Rs 191 levels and support at Rs 160 levels which will remain crucial for scrip. We have a sell recommendation for Adani Transmission which is currently trading at Rs 178.85," says Dinesh Rohira, Founder & CEO, 5nance.com.
A trader should cautiously maintain a stop-loss on all long positions. We maintain a rangebound trading on trade war woes at 10,450 levels on the upside and at 10,210 levels on the downside.
Here is a list of top 10 technical trading ideas which could give up to 11% return in the short term.
Here is a list of top 5 trading ideas which could give up to 10% return in the short term,
With uncertainties due to sell-off in the global market and its slipover towards Indian market, the element of volatility is high at current phase, and it will be advisable to stay caution before initiating a long position.
Ashwani Gujral of ashwanigujral.com recommends buying Asian Paints, Britannia Industries and Sobha.
Watch the interview of SP Tulsian of sptulsian.com with Latha Venkatesh, Anuj Singhal, and Sonia Shenoy of CNBC-TV18, where he shared his readings and outlook on the fundamentals of the market, and specific stocks and sectors.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Divis Laboratories, Hexaware Technologies and MRPL and can sell Bharti Infratel and Just Dial.