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 momentum indicator outlined a positive trend with weekly RSI inching at 58 levels. Further, in the coming session MACD is also likely to make a bullish crossover to trade above Signal-Line, says Dinesh Rohira of 5nance.com.
Upside for Nifty is expected to be capped on a short-term basis. We remain selective on specific stocks only and avoid aggressive long positions, says Dinesh Rohira of 5nance.com.
Interestingly, Prabhudas Lilladher sees a further upside of up to 34 percent in the stock, based on its price target of Rs 266, and has an 'accumulate' rating on it.
says Rajesh Agarwal AUM Capital.
After the recent correction, valuations of Indian market have come down to a reasonable level which should give motivation to investors to accumulate quality stocks on declines.
In an interview to CNBC-TV18, Rajesh Kothari, Managing Director, AlfAccurate Advisors shared his views and readings on some of the sectors from the broader market which are doing well despite of volatile market.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on the fundamentals of the market, specific stocks, and sectors.
The retained rating by S&P and few major events in pipeline coupled with F&O expiry, we expect the market to trade on caution mode in upcoming session with an inclination towards the upper band.
Below is our latest offering: 12 conviction picks that could fetch you strong returns if held from this Diwali to the next, along with the rationale for our choices. The list is in alphabetical order.
Equities as an asset class generated more interest last month as benchmark indices hit fresh record highs. But, there was also plenty of stock specific action.