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
The market is expected to remain positive and may target the previous week's high in the upcoming sessions. Below are some short-term trading ideas to consider.
The market is expected to remain in consolidation mode until it gives a decisive close above short-term moving averages. Below are some short-term trading ideas to consider.
Overall, the trend continues to favour the bulls, although some consolidation may occur following a two-week rally. Below are some short-term trading ideas to consider.
Bulls appear to be in healthy momentum and may continue driving the market rally further. 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 mood on Dalal Street is likely to remain optimistic in the upcoming sessions. 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.
The trend is expected to remain in favour of bears, continuing the 'sell on rally' strategy. Below are some trading ideas for the near term.
The Nifty 50 may consolidate before showing the next leg of the upmove towards a new high. Below are some trading ideas for the near term.
The consolidation is expected to continue in Nifty 50, although the bulls remain in control. Below are some trading ideas for the near term.
The consolidation is expected to continue in the Nifty 50, with key resistance at 23,650 and support at 23,400.
Blue Dart Express has seen a consolidation breakout, trading above all the key moving averages, and has formed a robust bullish candlestick pattern on the daily charts, with a manifold jump in volumes.
The RSI Smoothened indicator that recently witnessed a dip has turned northward and is flashing fresh buy signals. In the week beginning April 1, close attention will be paid to the all-time high levels above 22,500, as hesitation was evident at these levels
On Budget day, the Nifty 50 is likely to trade in the range of 21,500 on the lower side, and 21,900 on the higher side.
Given the strong optimism, the bulls are likely to take the Nifty 50 to the 22,000-22,200 zone in near term with an immediate support at 21,800-21,700 levels, followed by crucial support at 21,500 mark, experts said.
Despite a positive undertone, the market appears to be in a corridor of uncertainty, and trading within the mentioned broad range is expected in the truncated week ahead of the next calendar year.
The overall sentiment remains positive, and the advisable approach is to view dips as buying opportunities.
Infosys has formed long bullish candlestick pattern on the daily charts with above average volumes and sustained above downward sloping resistance trendline adjoining highs of December 1 last year and September 6 this year.
Godfrey Phillips has experienced volume buying at the support level of Rs 1,700. This suggests that there is significant buying interest from market participants at this level.
The 18,200-18,250 range could be crucial on the higher side which can take the index above 18,500-18,600 levels, but falling below 18,000 levels can drag the index up to 17,800, while 17,500 would be a critical hurdle going ahead, experts feel
The trend seems to be reversing for the IT sector as HCL Tech & Infosys see maximum upgrades in the past one month while HUL and Tata Motors were the top stocks to witness maximum downgrades
The broader market has started to show some encouraging signs, with the Nifty Midcap 100 and Smallcap 100 indices rising 3 percent and 4 percent. This should do extremely well if the market remains above the psychological support of 16,000
The prices have given a downward sloping trend line breakout on March 16 and have successfully closed above the same which confirmed the breakout in Grasim Industries.
Experts expect some consolidation in the key indices and adjustments to continue in individual stocks. For the week ahead, in case of a consolidation, one should focus on stock-specific moves, which will provide excellent trading opportunities, they said.
A cement-maker, a pharma firm and specialty chemicals company are among the top picks of broking firms for the new year