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
A rebound may be possible after the severe sell-off, but sustainability is the level to watch given the bearish sentiment. Below are some short-term trading ideas to consider.
Overall, the trend remains favourable for bulls, despite the likelihood of intermittent consolidation. Below are some short-term trading ideas to consider.
The market is likely to maintain a positive bias in the upcoming session. Below are some short-term trading ideas to consider.
The trend is likely to be in favour of bulls, but the Nifty 50 needs to hold above all key moving averages for a sustainable rally. Below are some trading ideas for the near term.
The consolidation and rangebound movement are expected to continue, given that volatility has risen to over an 11-week high. Below are some trading ideas for the near term.
Immediate support for the Nifty 50 is seen at 25,700, with a crucial level at 25,500, while resistance is expected around the 25,900-26,000 range. Here’s a look at the ‘buy on dip’ opportunities and stocks to avoid, according to market experts.
The Nifty 50 may rebound after this minor correction, although consolidation appears to be ongoing. Below are some trading ideas for the near term.
The Nifty 50 is expected to consolidate with a hurdle at 24,200 on the higher side and support at 23,800. Here are some trading ideas for the near term.
The momentum could get concentrated to fewer stocks and sectors and hence, traders need to be very selective in stock picking for trading, expert advises
After a medium term correction, on last Thursday, CARE Ratings bounced back sharply, rallied over 3 percent. However, in this month so far, it is corrected over 11 percent.
Experts feel overall the index has been rangebound and the surpassing 17,200-17,300 mark in coming days can be concluded as a completion of recent corrective phase.
The key support for Nifty is at 15,700 – 15,550, whereas 15,850 –15,900 are immediate resistances.
In 2019 so far, the Sensex and Nifty rallied 10 percent each while the BSE Midcap index fell 3 percent and Smallcap index lost 1 percent.
The S&P BSE Sensex lost 256 points while the Nifty50 ended 0.78 percent lower for the week ended 7 September.
"The stock has broken out from a Pennant pattern after taking support at the 50 percent Fibonacci retracement level suggesting further upside in the stock," says Aditya Agarwal, Head Technical Research at Way2Wealth Brokers Pvt. Ltd.
Top 10 stocks which could give up to 20% return in the next 3-4 weeks.
The Upper end of the channel is placed at 10,630. A breakout from the upper end of the channel can trigger short covering rally to levels of 10,720-10,820, being 50 percent and 61.8 percent Fibonacci retracement levels respectively.
Figures from the last three calendar years indicate that FIIs pumped in Rs 49,880 crore in 2017, Rs 15,100 crore in 2016 and Rs 13,055 crore in 2015 in the equities market
Rajat Bose of rajatkbose.com is of the view that one can buy Havells India and Caplin Point.
Ruchit Jain of Angel Broking advises buying PG Electroplast with a target of Rs 490.
Vishal Malkan of malkansview.com is of the view that one may buy Hexaware Technologies with a target of Rs 375.
Stocks which gave multibaggers returns in the December quarter of 2016 include names like SE Power, Kushal Tradelink, India Metals, Vama Industries, HM Sugar Mills, Indokem, Atlas Jewellery, Niraj Cement etc. among others.
Ashwani Gujral of ashwanigujral.com recommends selling Jubilant Foodworks and IOC while he advises buying Reliance Industries, HDFC Bank and Caplin Point.
If index holds above 10,000, there could be more upside but it has to break above 10,137 convincingly.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Caplin Point and Deepak Fertilizer and sell BPCL.