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 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 sustainability of Thursday's recovery is the key to watch, as frontline indices remained well below short-term moving averages. Below are some short-term trading ideas to consider.
The frontline indices are expected to see more consolidation with a negative bias in case the 10-day EMA is broken. Below are some short-term trading ideas to consider.
The market is expected to see further weakness if it decisively breaks the previous day's low. Below are some short-term trading ideas to consider.
The bullish bias is expected to sustain in the upcoming sessions. Below are some trading ideas for the near term.
The rebound after a severe fall can't be ruled out, but the sustainability is key to watch. Below are some trading ideas for the near term.
The market is expected to gain strength soon amid ongoing range-bound trading. Below are some trading ideas for the near term.
The market is expected to consolidate until it gets back above all key moving averages. Below are some trading ideas for the near term.
The consolidation is expected to continue as long as the frontline indices trade below all key moving averages. Below are some trading ideas for the near term.
The market is expected to maintain an upward bias amid likely consolidation, with a focus on the outcome of the RBI monetary policy meeting. Below are some trading ideas for the near term.
The downward pressure may persist in the market, given the strong control exerted by bears over Dalal Street. Below are some trading ideas for the near term.
The market may consolidate until decisively climbing above short-term moving averages in the upcoming sessions. Below are some trading ideas for the near term.
The market may climb further amid consolidation, but it is unlikely to break Monday's low soon. 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.
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.
Experts suggest that the Nifty 50 is likely to find support at 24,100, and below this, the 24,000-23,900 zone will be crucial to watch. However, resistance is expected at 24,300 on the higher side. Here are some trading ideas for the near term.
Based on the current chart patterns, a robust bullish phase is anticipated for the longer term. It is advisable to consider buying opportunities above the 22,200 level, targeting potential upside levels ranging from 22,530 to 22,900 on Nifty.
Praj Industries climbed above all key moving averages in a single day and formed robust bullish candlestick pattern on the daily charts with significantly higher volumes.
Looking forward, immediate resistance levels for Nifty are identified at 21,850, with an additional hurdle at 22,124, representing the life high level. On the downside, crucial support levels lie at 21,350 and 21,100.
Tata Power Company has formed strong bullish candlestick pattern on the daily timeframe with healthy volumes. The stock traded well above all key moving averages and is very close to its last swing high seen in September this year.
BSE formed bullish candlestick pattern with long upper shadow on the daily timeframe & robust volumes, which is a positive sign. The stock continued uptrend for fourth consecutive session and traded well above all key moving averages (20, 50, 100 and 200-day EMA).
BSE gained for sixth consecutive session and jumped 5.5 percent to end at record closing high of Rs 1,188, forming long bullish candlestick pattern on the daily timeframe
The BSE stock has seen a breakout of falling resistance trendline adjoining March 15 last year (record high) and August 24 this year. The stock climbed over 6 percent to Rs 967.8 and formed long bullish candlestick pattern on the daily timeframe with above average volumes.
BSE shares rose 5.4 percent to Rs 603, the highest closing level since October 27, 2022, and formed bullish candlestick pattern on the daily charts with robust volumes. The stock has seen a consolidation breakout, while it has been forming higher highs, higher lows since April.
BSE was also in action, climbing over 4 percent to Rs 521, continuing uptrend for fifth consecutive session. The stock has formed long bullish candle on the daily scale with strong volumes and made higher tops higher bottoms formation for fourth straight day.