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
Given the subdued environment, the index may touch its August lows of around 17,150 and if that gets broken, then falling below psychological 17,000 mark can't be ruled out in coming sessions, with hurdle on the upside at 17,700-17,800 levels
Federal Bank termed a report of a potential merger as speculative, which CLSA believes neither confirms nor denies the report.
We expect the ZEEL share price to go higher till the level of Rs 308 where the stop-loss must be at the level of Rs 237 on the closing basis, said Vidnyan Sawant, AVP - Technical Research at GEPL Capital
Federal Bank, ICICI Pru Life Insurance, Oberoi Realty among the stocks. With the Sensex and the Nifty reversing losses after the RBI decision, experts say the Nifty’s next stop could be 17,800. Banking and financial services, FMCG, IT, metal and pharma stocks supported the market.
Federal Bank has been off-radar for a quite some time now. But the way it grabbed everyone's attention on last Friday is incredible. Sameet Chavan, Chief Analyst-Technical and Derivatives at Angel One
We have collated a list of rate-sensitive stocks that experts say can give 6-20 percent return over the next 3-4 weeks. Returns are calculated based on the closing price of June 7:
Tata Teleservices is consolidating in a triangle formation and has started moving higher after finding support near Rs 120. The RSI is neutral as it finds support near the 50-mark
Commodities will be the biggest gainers and as long as the geopolitical heat continues, it will be the dominating market theme, Axis Securities said.
Chalet has been forming a higher high - higher low pattern for the past couple of weeks after finding support near the Rs 211 mark.
RBI Monetary Policy | Governor Shaktikanta Das said continued policy support is warranted for a durable and broad-based recovery and efforts will be made to limit disruptions to economic activity
Considering the technical evidence, Vinay Rajani of HDFC Securities could expect stock specific bullish moves but at the same time traders should be vigilant in booking profits at higher levels. Any level below 17,500 could drag the Nifty towards 17,000.
Here's what Mehul Kothari of Anand Rathi Shares & Stock Brokers, recommends what investors should do with these stocks when the market resumes trading today.
Although the trend has been extremely strong, we reiterate that one should avoid getting complacent at such elevated levels, says Sameet Chavan of Angel One.
RSI has indicated some caution in Nifty after run up, but bet on these three stock ideas for double-digit returns in the short term
For Nifty, 15,900 would act as a major hurdle in the short term, above which, the index can march towards its record high and above 16,000, said Shitij Gandhi of SMC Global Securities
Below 15,600, Nifty could change its trend from bullish to bearish and till that happens, traders should make stock and sector-specific bullish bets, said Vinay Rajani of HDFC securities.
Any close below 14,336 would mean that the correction could accelerate further and Nifty could attempt to touch 14,000.
After four days of the minor consolidation, Bank Nifty witnessed a breakout of the range and registered its lifetime high in the initial trading hours.
Early signs of trend reversal will come on a close below the previous two day's low standing around 13,400.
Most experts say the rally is expected to continue in broader space, as both midcap and smallcap indices are still below their record highs of January 2018.
As the market is inching higher, there is an upward shift in support level which is placed at 12,800 levels, supported by a 21-day exponential moving average.
A price breakout above Rs 59 will push prices on the higher side. Therefore, one can book profits near the previous swing high, which is around Rs 79.
Bank Nifty traded with a positive bias through the last week and managed to give third consecutive higher weekly closing.
Experts point out select mid and smallcaps look good for medium to long term horizon. They name about 20 favourite stocks
Prime Minister, Narendra Modi said the package will focus on four factors - Liquidity, Land, Labour and Laws.