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
As long as the frontline indices defend the previous week's low, a gradual upward move is possible amid rangebound trading. Below are some short-term trading ideas to consider.
The market is expected to consolidate after the two-day rally and may attempt another session of upward movement. Below are some short-term trading ideas to consider.
Following a significant run-up and subsequent profit booking, the index is expected to remain range-bound in the near term. Below are some trading ideas to consider for short term.
The market might rebound in the upcoming sessions after a correction in the previous week, but there are doubts over the sustainability of the upmove. Below are some trading ideas for the near term.
As long as the Nifty 50 holds 24,800, the upward move towards the psychological 25,000 mark can't be ruled out, with 24,700-24,600 serving as immediate support. Here are some trading ideas for the near term.
The market sentiment is likely to be positive in the coming sessions. Here are some trading ideas for the near term.
Overall, the index has still been in the range with 19,750-19,800 likely to act as a crucial resistance as breaking of the same can drive the Nifty50 towards 20,000 mark, whereas 19,500 is expected to be immediate support and 19,200 may be crucial support for the index, experts said
The 17,600 level is expected to be crucial for further direction of the Nifty50 going forward and, if the index manages to hold the 17,500-17,600 area, then 18,000 can be a possibility in coming sessions, experts said
Sameet believes traders can find ample opportunities in the beaten spaces and for investors, this decline would provide opportunity to accumulate quality stocks in a staggered manner.
Rising cases of Covid infection in several countries, fear of further tightening of key policy rates by the Federal Reserve, and a growth threat of recession-like situation pose challenges for markets around the world
The Nifty is trading in uncharted territory, so theoretically, the upper side is unlimited.
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
A formation higher bottoms on the weekly chart and last week's low at Rs 381 could be considered as a new higher bottom of the sequence for KEC International. Weekly 14 period RSI (relative strength index) showing positive indication. One may expect further strengthening of upside momentum in the stock price ahead
Nandish Shah of HDFC Securities believes that short-term trend of the Nifty is weak. Therefore, his advice is to remain cautious till the Nifty closes above the 17,250 levels.
Given the expected strong momentum, experts advise top 14 stock picks that are available at attractive valuations now
As the market seems to have the comfort of valuation now, it is time to lap up quality stocks, analysts point out.
Nifty has also reclaimed the level above its 20-day EMA, currently placed at 14,156. The volume-weighted average traded price of Nifty February future on February 1 is 14,033 which could act as strong support, going forward.
D-Street is counting on key reforms in the Budget that could push growth and kicks tart the capex cycle in the economy.
The BSE Midcap index surpassed its record high level seen in 2018, while the Smallcap is still more than 1,000 points away from previous record high levels.
As per estimates of brokerage firm JM Financial, the consolidated volume growth for 14 listed companies was 5 percent year-on-year (YoY) in the September quarter of FY21.
On the decisive crossing of 12,400 levels would lift the Nifty to 13,300 levels, said Shrikant Chouhan of Kotak Securities.
If Nifty breaks this support then further downside would be there up to 11,550 levels that are supported with a 50-day exponential moving average on a daily scale.
The market is likely to be stock-specific and experience sector rotations. Therefore, investors should adopt a buy-on-dips strategy only in quality names, said Umesh Mehta, Head of Research, Samco Group.
Gaurav Garg of CapitalVia feels the LTC and reintroducing of Special Festival advance scheme for government employees are expected to boost the consumer demand by additional Rs 36,000 crore.
Given the sharp fall in stock prices across sectors, most experts advised accumulating quality and fundamentally strong scrips with a long term perspective.