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 improved sentiment may drive the market gradually toward the September high. Below are some short-term trading ideas to consider.
Moneycontrol collated a list of the top 10 rate-sensitive stocks, curated by experts with a 3–4-week perspective on the basis of the closing price of September 30, following the Reserve Bank of India's decision to maintain the status quo on rates.
The consolidation may continue until the market moves back above the short-term moving averages. Below are some short-term trading ideas to consider.
The market is expected to see some consolidation in the upcoming sessions after the recent sharp downmove. Below are some short-term trading ideas to consider.
The negative trend is expected to prevail in the market. Below are some short-term trading ideas to consider.
The consolidation with a negative bias is expected to persist in the upcoming sessions. Below are some short-term trading ideas to consider.
The market needs to reclaim and sustain above the 20-day EMA to witness a further northward journey in the upcoming sessions. Below are some short-term trading ideas to consider.
The market may see some consolidation after the recent significant run-up. Below are some trading ideas for the near term.
Bulls are expected to maintain tight control over Dalal Street, despite the possibility of intermittent consolidation. Below are some trading ideas for the near term.
The market might rebound in the upcoming sessions after a correction in the previous week, but there are doubts over the sustainability of the upmove. Below are some trading ideas for the near term.
The market may attempt to rebound amid likely consolidation after the steep fall. Below are some trading ideas for the near term.
Overall, the market is likely to remain positive as long as it sustains above all key moving averages. Below are some trading ideas for the near term.
While there may be some consolidation after the sharp run-up over the last two days, the overall trend seems to have turned in favour of the bulls. Below are some trading ideas for the near term.
The market is expected to remain consolidative with a negative bias. Below are some trading ideas for the near term.
Moneycontrol collated a list of top 10 rate sensitive stocks from experts with a 3-4-week perspective.
In the short term, Jigar Patel anticipates a bounce in the markets, as Nifty has retraced about 88.6 percent of its recent rally. Additionally, there is a hidden positive divergence on the daily RSI, and a normal positive divergence on the hourly scale.
Overall sentiment remains weak, but given the somewhat oversold conditions, a bounce back cannot be ruled out early next week. Below are some trading ideas for the near term.
From a medium-term perspective, Jigar Patel maintains a cautious stance on the market. However, in the short term, he expects further upside in the coming week. The Nifty 50 has been well-supported, and this could propel Nifty towards the 26,500 level.
HDFC AMC recorded more than 3 percent gains to Rs 3,894.65, which is near the record closing high of Rs 3,903.85 of February 27 this year. The stock has formed bullish candlestick pattern on the daily charts with significantly higher volumes.
Experts expect the momentum to sustain in the coming weeks, too, with immediate resistance at 22,500-22,600, followed by the medium-term target of 23,000, provided it holds the upward sloping resistance trendline
NTPC formed bullish candlestick pattern on the daily timeframe with above average volumes, continuing uptrend for three days in a row. The stock traded well above all key moving averages which is a positive sign.
After the MPC outcome, the benchmark indices saw a rush to book profits, that drove the BSE Sensex down 493 points to 71,659, and the Nifty 50 down 137 points to 21,793, forming a bearish candlestick pattern on the daily charts
On Budget day, the Nifty 50 is likely to trade in the range of 21,500 on the lower side, and 21,900 on the higher side.
If the Nifty 50 breaks the low of this month around 21,300, the crucial support, then further correction towards 21,000 mark can't be ruled out, while 21,850 will be crucial for further upside in the 'sell on rally' market, experts said
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.