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
While the market may rebound amid consolidation, sustaining the expected recovery is key to watch. Below are some trading ideas for the near term.
Overall, the sentiment remains in favour of bulls despite Wednesday's consolidation. Below are some trading ideas for the near term.
The bullish sentiment is expected to sustain with the VIX reaching a one-month low. Below are some trading ideas for the near term.
The market is expected to remain rangebound until it decisively rebounds and sustains above the 200-day SMA. Below are some trading ideas for the near term.
After the significant weakness over the last four days, the market may see consolidative and rangebound trading with a slightly negative bias. Below are some trading ideas for the near term:
The market may extend the downtrend if it breaks the 10-day EMA (Exponential Moving Average) amid likely consolidation, while the VIX in the lower zone supports bulls. 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 is likely to continue its northward journey amid range-bound trading. Below are some trading ideas for the near term.
Rajesh Palviya of Axis Securities recommends strategies for stock investors for May 13.
Zomato ended at new closing high and formed long bullish candlestick pattern on the daily scale with above average volumes. The stock traded above all key moving averages.
Elgi Equipments has formed robust bullish candlestick pattern on the daily scale with significantly higher volumes. In fact, the stock has seen not only downward sloping resistance trendline breakout but also Mother candle breakout on the daily charts.
With the rate pause, there will be some respite for large debt companies, growth stocks, small and mid-cap space companies, and specific sectors like consumer durables and real estate in the medium term
The momentum is intact and the Friday's correction is on expected lines given the consistent uptrend in the past. Hence, once the current consolidation ends, the Nifty50 is expected to resume upward journey once again towards 18,900-19,000 levels in coming days, with crucial supports at 18,500-18,300, experts said
Sobha rallied 3 percent to Rs 652 and formed healthy bullish candle on the daily charts for yet another session with above average volumes. The stock has been making higher high higher lows formation for third straight session.
In the truncated week beginning today, the index may march towards its last week's high of 18,178, followed by 18,350 (the high of 2022). If the index manages to sustain these levels, then a record high of 18,604 can't be ruled out with strong support at 18,000-17,900 levels
The paper stocks were buzzing last week as we witnessed buying interest in some of the counters with good volumes. Satia Industries has seen a breakout from a long consolidation phase and has resumed its uptrend with a ‘Higher Top Higher Bottom’ structure
If the Nifty50 holds current levels and surpasses 17,200-17,300 in coming sessions, then 17,500 can be a possible target with crucial support at 17,000 followed by 16,800-16,750 levels
As markets salute the central bank, we decided to come up with rate-sensitive stocks that experts say can return up to 26 percent over the next 3-6 months
Muthoot Finance was the fourth biggest gainer in the futures & options segment, rising nearly 6 percent to Rs 1,012 and formed Bullish Engulfing kind of pattern on the daily charts after taking support at around Rs 950 levels.
Indicators and oscillators have turned bearish on the daily charts in Coromandel International. Fertilizers and chemical stocks have started underperforming.
Federal Bank, ICICI Pru Life Insurance, Oberoi Realty among the stocks. With the Sensex and the Nifty reversing losses after the RBI decision, experts say the Nifty’s next stop could be 17,800. Banking and financial services, FMCG, IT, metal and pharma stocks supported the market.
Experts largely hope the index to remain in a broad range of 15,700-16,400 levels but if it decisively surpasses the upper band of the range, then there could be a possibility of the index moving towards 16,600-16,800 levels in the coming days
ITC has shown a relative outperformance within the FMCG space in last few weeks. In spite of the market correction in last week, this stock has managed to give positive returns and the '20 DEMA' has been acting as a support
For the overall market, the trend continues to be weak till Nifty stays below 17,000-mark, said Malay Thakkar of GEPL Capital
A more-dovish-than-expected monetary policy by the central bank and the easing of Omicron concerns helped the bulls to retain control.