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.
Rangebound trading is expected to continue, with key support near the low of last Thursday. Below are some short-term trading ideas to consider.
The rebound after a severe fall can't be ruled out, but the sustainability is key to watch. Below are some trading ideas for the near term.
The market is expected to see consolidation after the recent rally. Below are some trading ideas for the near term.
The benchmark indices are expected to remain rangebound. Below are some trading ideas for the near term.
The market may see some consolidation after the sharp run-up in the past three days. Below are some trading ideas for the near term.
The downward pressure may persist in the market, given the strong control exerted by bears over Dalal Street. Below are some trading ideas for the near term.
Given the prevailing negative sentiment, the trend in benchmark indices is expected to favour bears in the upcoming sessions. Below are some trading ideas for the near term.
The uptrend in the markets is likely to continue in the coming sessions, albeit with consolidation. Below are some trading ideas for the near term.
The decisive close above 24,400 is likely to be crucial for a further uptrend, while the bears may turn strong if the Nifty 50 breaks 24,200. Here are some trading ideas for the near term.
The initial sessions of the coming week will be crucial to gauge Nifty reactions around the 22,100 - 22,150 zone.
Overall, the Nifty 50 will remain in a consolidation mode as long as it stays below 22,100 mark, experts said, adding the index is likely to take support at 21,500 level.
Experts expect the Nifty 50 to focus on 21,800-22,000 levels in coming weeks after ongoing consolidation, while taking support at 21,700-21,500 levels and advising buy on dips strategy
The experts further advised to continue with the buy-on-dips strategy till the index holds 19,600-19,500 on the downside
Sobha formed robust bullish candlestick pattern on monthly charts, with making higher highs, higher lows formation for third consecutive month. The stock traded well above all key moving averages.
The strength in bulls can be confirmed in case the Nifty goes above 19,450/19,460 levels, similarly for Bank Nifty the same can be seen above 44,000/44,100 zone.
Granules India closed at 10-month high and has seen a breakout of falling resistance trendline adjoining highs of December 23 last year and September 25 this year, and trading well above key moving averages.
Going forward, 19,600-19,500 is expected to act as a crucial support for the Nifty50 in coming sessions, and if it manages to sustain above then the gradual upmove towards 20,000 can be possible, experts said
For now, one needs to stay very selective with stock preferences and avoid being aggressive in the markets.
The Nifty is likely to continue its march upwards amid consolidation with hurdle at 19,500-19,600 levels, whereas the near term support is expected to be 19,300-19,200 levels, followed by crucial support at 19,000, experts said
It is advisable to secure profits at higher levels and avoid complacency until the indicators exit the overbought territory.
Bharat Forge, post August 2021, corrected with decreasing volumes. This tells that the stock has weak supply.
On September 30, India Cements and Granules India outdid the market and were the biggest gainers in the futures & options segment
Sameet Chavan of Angel One advises traders to keep a close tab on global developments and says any favourable cues will certainly provide the much-needed push to the domestic market
One should avoid trading aggressively till the time market stabilises from this turbulence, Sameet Chavan of Angel One advises