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
Primary trend remains positive as Rail Vikas Nigam is trading above its 200-day EMA. Momentum indicators and oscillators are showing strength in the stock.
Nifty stands at the strong polarity support of 16,800 – 16,750 levels, failing to hold which the index is likely to see a further correction towards 16,450 – 16,400 zones
S Chand and Company price has broken out from the downward sloping trendline, adjoining the highs of December 5, 2022 and January 3, 2023. Short term trend of the stock is positive as stock price is trading above its 5 and 20-day EMA.
Accumulation was seen in Just Dial since January 16 where volumes are sharply higher on up days as compared to down days. Short term trend of the stock is positive as stock price is trading above its 5 and 20-day EMA.
IOC has broken out on the weekly chart from the downward sloping trendline adjoining the highs of April 22, 2022 and December 16, 2022. Trend of the stock is positive as stock price is trading above its important moving averages.
Genus Power Infrastructures has broken out from the symmetrical triangle on weekly charts with higher volumes. Stock price has also closed at all-time high level on the weekly basis. Primary trend of the stock is positive as it trades above its all important short-term and long-term moving averages
In the quarter gone by, the company reported a steady show with 21% growth in top line along with a stable margin that aided 18% surge in EBIDTA (earnings before interest depreciation & tax).
Nirmal Bang Retail Research has picked top stocks for Diwali 2017 including Control Print, Minda Corp, Rane Brake, S Chand and Company, Shemaroo Entertainment Ltd and Tata Global Beverage as its top Diwali picks.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com in which he shared his readings and outlook on market and specific stocks.
The company has successfully transformed itself from a distributor of printers and consumables to an indigenous manufacturer.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Jaspreet Singh Arora, Sr. VP and HOR at Systematix likes Control Print and feels that Tata Motors may see 40 percent upside.