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
Crossing the October high is expected to be crucial for further market uptrend. Below are some short-term trading ideas to consider.
The market may witness some correction following Friday’s turmoil in US counterparts. Still, technically, the trend remains upward as long as the index stays above all EMAs. Below are some short-term trading ideas to consider.
The market is expected to continue its rangebound trading in the upcoming sessions amid the ongoing Middle East conflict. Below are some short-term trading ideas to consider.
The market may turn positive amid rangebound trading. Below are some short-term trading ideas to consider.
The market is expected to trade with a positive bias, albeit within a likely rangebound zone. Below are some short-term trading ideas to consider.
The market is expected to remain directionless in the upcoming sessions until it decisively breaks the trading range of May 15. Below are some short-term trading ideas to consider.
The market is expected to remain in positive terrain despite intermittent consolidation. Below are some short-term trading ideas to consider.
After a consistent five-day rally, the market may consolidate, though the overall trend remains positive. Below are some trading ideas for the near term.
The mood on Dalal Street is likely to remain optimistic in the upcoming sessions. Below are some trading ideas for the near term.
The market is expected to continue its northward journey. Below are some trading ideas for the near term.
The market is likely to consolidate further, while the overall trend remains in favour of the bulls. Below are some trading ideas for the near term.
The market may attempt to rebound amid consolidation, but it seems unsustainable given the overall negative sentiment.
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.
Volatility is expected to continue in the market, with support at the current week's low. Below are some trading ideas for the near term.
The 23,000 level is expected to play a key role in the Nifty's further direction, and sustaining this level can take the index towards the upper band of the Rising Channel (i.e., 23,100-23,200), followed by 23,500, with support at 22,800.
Going forward, Sudeep Shah expects index to continue displaying weakness & slide into a period of consolidation with negative bias.
CDSL formed robust bullish candlestick pattern on the daily charts with strong volumes. The stock has seen a decisive breakout of consolidation of the recent past sessions and traded well above key moving averages.
Breach of 22,500-22,450 levels may trigger further profit booking, potentially towards 22,300 and beyond in the near term.
Overall, the Nifty 50 will remain in a consolidation mode as long as it stays below 22,100 mark, experts said, adding the index is likely to take support at 21,500 level.
CDSL formed long bullish candlestick pattern on the daily timeframe with healthy volumes. The stock traded far above key moving averages, with momentum indicator RSI (relative strength index) at 80 levels, indicating overbought zone.
FACT formed strong bullish candlestick pattern on the daily timeframe, with above average volumes. Also, the stock traded well above all key moving averages, which is a positive sign.
If Nifty manages to breach 19,200-19,225, it could trigger short covering and potentially drive the index towards 19,330 or even 19,440.
A long position in the index near the support zone is advisable, with potential for an upward move towards 20,000 and 20,222 levels.
The next targets for the Nifty50 to watch out for would be 20,500-21,000 in the short term, considering the strong momentum sustained through the last seven sessions with participation from bank and IT stocks
Sobha has seen a decisive breakout of falling resistance trendline adjoining highs of July 26 and September 5, with strong bullish candlestick pattern on the daily charts. The stock rallied nearly 11 percent to Rs 682 and formed significantly higher volumes.