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
Various segments of equities related to agriculture and rural spending are expected to see huge growth in the monsoon season.
A good monsoon will likely bring a bumper harvest that will ease supply-side constraints and will also help in curbing inflation, say experts
Nifty expected to trade within a broader range of 14,600-15,000 ahead of the March series expiry
Prabhudas Lilladher believes that current uncertainty is a passing phase and return to normalcy will result in several beaten down segments bouncing back strongly from FY22.
On the technical front, the 11,700-11,600 zone is a strong support area for Nifty and any dip in prices should be used to create fresh longs.
Moving ahead, the steam is still left and the bullish bias is expected to continue.
The benchmark index has reclaimed its level above 20 and 50 DMAs. Now, Nifty is placed above all important moving averages, indicating an up-trend on all timeframes.
With robust performance amid challenging times, Airtel is one of the better placed telecom players, ICICI Direct said.
In muted earnings expectations for Q1FY21, beats were much higher than misses and that was one of major reasons and confidence booster for equity market not only in India but globally.
The crucial support zone for Nifty is standing around 10,850 and resistance zone is placed around 11,350 mark and either side movement will decide the future price action.
Nifty managed to hold above its 200-days exponential moving average, placed at 10,540 on the daily interval. It should act as a major support for the upcoming sessions.
In the very short term, as the majority of the momentum indicators are trading in overbought zones, the possibility of small retracement towards 10,500 levels cannot be denied.
The market's valuations have turned higher than long-period average and investors should be cautious and selective in picking stocks, say experts .
Nifty was seen consolidating in the range of 10,200 to 10,400 with prices holding well above its 200-days exponential moving average on weekly charts.
Experts and analysts expect a change in market leadership in the post-COVID world in which telecom, healthcare, speciality chemicals, and rural consumers may dominate other sectors.
Aashish Somaiyaa of Motilal Oswal Asset Management Company advised that one should avoid panic and remain invested.
As Nifty is almost 21 percent up from its 52 week low, it confirms a strong bottom is in place and any fall near 8,650 levels would be a good opportunity to create longs in the index.
If VIX sustains above 50 levels, then pressure can be seen in the market. It needs to move below 40 levels for stability to return in the market.
Brokerages and analysts are of the view that the pain caused by COVID-19 may linger and the market is factoring in the hit on earnings and economic fallout from coronavirus outbreak.
Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints with stop loss at Rs 1825 and target of Rs 1890 and Pidilite Industries with stop loss at Rs 1540 and target of Rs 1645.
In the coming sessions, we expect volatility to likely to grip the market as sentiment would be driven by updates on the spread of coronavirus cases
On the technical front, the secondary oscillators suggest further consolidation for Nifty within a range of 12,050 to 12,250, while Bank Nifty is likely to trade in the range of 31,000 to 31,500.
Consumer sales growth has slowed over the past five years, but earnings growth remained healthy aided by benign raw material costs and reduction in indirect and direct tax burden, BNP has said
HDFC Securities selected stocks across major sectors financials, consumer, pharma, industrials, oil, automobile, cement and technology.
Sudarshan Sukhani of s2analytics.com recommends buying Dabur India with stop loss at Rs 459 and target of Rs 474 and MRF with stop loss at Rs 65500 and target of Rs 68750.