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 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.
The ‘RSI-Smoothened’ is moving northwards after entering the bullish territory above 70 and adding to this, the ‘ADX (14)’ is becoming stronger as we can see its value rising well above the 25-mark.
This rally can be considered a healthy one because almost all sectors have contributed to it and financial space has dominated it along with the late participation from the broader market.
On the downside, immediate support is seen at 11,717 where a 20-day SMA is placed. Nifty has never closed below its 20-day SMA in the month of October.
There are multiple pieces of evidence that suggest that Nifty is likely to find strong support in the range of 11,200-11,300 and unless the index closes below 11,200, the uptrend is still intact.
Tata Steel, IndusInd Bank, and ICICI Bank, among others are being tracked by investors today.
Sudip Bandopadhyay, Market Expert is of the view that Apar Industries and Techno Electric definitely at current level deserves a look in from the investors' point of view.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sector.
In an interview with CNBC-TV18, market expert SP Tulsian listed his stock picks and shared his market outlook.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com spoke about his reading of the market and his outlook on specific stocks and sectors.
In an interview to SP Tulsian, sptulsian.com tells us why he is positive on cement stocks, especially Andhra based companies and also Torrent Pharma.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his stock picks and told why he has a positive stance on all pharma stocks for this coming month.
Prakash Diwan of prakashdiwan.in is of the view that cement stocks like Deccan Cements and Kakatiya Cements will give more upside.
SP Tulsian, sptulsian.com, talks about why he is bullish on Harita Seating and discusses the pharma stock and SpiceJet.
In an interview with CNBC-TV18, market expert SP Tulsian gave his stock picks and talked about JSW Steel's fourth quarter result.
SP Tulsian of sptulsian.com feels that Deccan Cements may go to Rs 750 in the next six months.