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 see rangebound trading after the sharp sell-off last week. Below are some short-term trading ideas to consider.
The positive trend is expected to continue, as technical and momentum indicators signaled a bullish bias. Below are some short-term trading ideas to consider.
The market needs a close above short-term moving averages for an upward journey; until then, consolidation may continue. 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 remain consolidative, with the continuation of the "sell on rally" strategy. Below are some trading ideas for the near term.
The benchmark index is expected to be rangebound, with support at Wednesday's low. Below are some trading ideas for the near term.
The rangebound trade may continue until the frontline indices decisively break Monday's high. Below are some trading ideas for the near term.
Rangebound trading is expected to sustain in the upcoming sessions until the frontline indices give a strong close above all key moving averages. Below are some trading ideas for the near term.
Benchmark indices are expected to remain under bearish control as long as they trade below all key moving averages. Below 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.
Any level above 22,400 could push Nifty towards new all-time high and beyond.
Blue Star saw new closing high on Monday and formed long bullish candlestick pattern on the daily charts with higher highs, higher lows formation for three days in a row.
SJVN shares ended at fresh closing high of Rs 81.75, and formed healthy bullish candlestick pattern on the daily charts with strong volumes, after consolidation in previous few sessions.
The Nifty 50 must surpass 16,800-17,000 levels to gain strength, which is possible if geopolitical tensions ease. However, 16,400-16,200 will act as crucial support levels, experts said.
Advice is to keep stock specific approach as many midcap stocks are better placed as compared to benchmark indices, says Nandish Shah of HDFC Securities.
Here's what Shrikant Chouhan of Kotak Securities recommends investors should do with these stocks when the market resumes trading
Intermediate trend remains positive for both Nifty and Bank Nifty. Longs should be protected with trailing stoploss of 17,900 in Nifty and 40,000 in the Bank Nifty, says Nandish Shah of HDFC Securities.
Following the rally over the past one month, experts suggest that investors book timely profits and avoid aggressive buying. According to them, the next resistance on the Nifty 50 is expected at 18,000, with support at 17,600.
Every additional 100 points from here will be seen as immediate resistance—17,900–18,000. On the other hand, 17,700–17,650 are key supports, said Sameet Chavan of Angel Broking
The second wave of COVID-19 infections and its likely impact on earnings and the economy in the first quarter of FY22 could be capping the upside for the market. However, stock-specific opportunities are expected to continue, say experts.
Gaurav Garg of CapitalVia feels the LTC and reintroducing of Special Festival advance scheme for government employees are expected to boost the consumer demand by additional Rs 36,000 crore.
Investors should utilize this corrective action to discover new avenues & opportunities for investing as the major trend remains intact.
Rising food prices have pushed retail inflation in November to a three-year high of 5.54 percent.
In a rangebound trade, experts advised focusing more on stock selection and trade management. Here is the list of 10 stocks which could return 14-24 percent in next 10-12 months:
A failure to cross 11,700 levels can bring a supply for the market at the current junction.