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
Auto stocks have outperformed in the last couple of months and have been continuing the positive momentum. Escorts Kubota has recently seen a gradual upmove after a corrective phase and the volumes have now increased along with the price upmove which is a positive sign.
Experts feel the mood at street turned more cautious and nervous after Friday's sharp fall and hence the more correction can't be ruled out if the Nifty decisively breaks 17,000 mark in coming days.
Here's what Mehul Kothari of Anand Rathi Shares and Stock Brokers, and Shrikant Chouhan of Kotak Securities, recommend investors should do with these stocks when the market resumes trading today.
Traders should keep stock specific action on radar, as volatility is likely to grip markets in the coming week once again.
Experts advise investors to stay light and avoid bottom-fishing for a while as the market is a bit oversold
Experts feel the market is expected to face resistance at the 17,500 level, but may find it difficult to decisively cross it. They advise caution at current levels and a stock-specific approach.
The index is likely to trade in the 16,800-17,800 range as the maximum put and call option additions are seen there for the Sept 30 expiry. Meanwhile, Escorts, HDFC AMC and HDFC Bank look promising short-term buys.
The bullish momentum can take the Nifty towards 17,019. If the index goes past this level, it can head to 17,799, says Karan Pai of GEPL Capital
Support for Nifty is placed near 15,400–15,350 levels while resistance is near 15,800.
Various segments of equities related to agriculture and rural spending are expected to see huge growth in the monsoon season.
The market has remained volatile as coronavirus cases continue to rise in the country. Experts say every decline is an opportunity to buy quality stocks, with a strong recovery expected once infections reach their peak.
A good monsoon will likely bring a bumper harvest that will ease supply-side constraints and will also help in curbing inflation, say experts
For Nifty, the immediate resistance zone can be seen around 14,575 – 14,650. A sustainable move beyond 14,650 would negate the possibility of further correction and resume the upward march.
This is the time to hunt for favourite fundamental stocks which are missing in your long-term portfolio. Experts say this is the time to take advantage of the price corrections
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.
On the daily chart, we can now see a ‘Dragonfly Doji’ pattern and with the last two days' intraday swings, 13,400 has become crucial support.
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India's stock market remains one of the most promising emerging markets of the world with tremendous growth potential as several structural reforms initiated by the Narendra Modi-led government assures that tomorrow belongs to India.
The broader markets also traded in line with benchmark indices as the BSE Midcap index gained 35 percent and Smallcap index rose 40 percent.
With most sectors in a slump, the monsoon will also have an impact on employment generation, auto sales, and demand of cement and steel.
Experts point out that the rabi season ended largely on expected lines and at present, it appears the kharif crop is unlikely to be affected and may see a normal season.
The timely onset of the monsoon season from June 1 and the likely normal rainfall projects a strong outlook for the kharif sowing season, which is critical at such a challenging time.
This war between USA & China may intensify further & may take ugly shape going forward, which may change World Power Equation post-COVID-19 era, Amit Jain of Ashika Wealth Advisors said.
In the case of decline, Nifty will find support around 8,800 and then 8,500. On the higher side, the index will face an initial hurdle around its 50 days EMA placed around 9,450 level.