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
Nifty, on a daily timeframe, is trading within a flag formation which is bounded in the range between 11,650 to 12,025 levels.
The geopolitical concerns between India-China and global market volatility would continue to weigh on markets in the immediate term.
Even management commentary gave the market a confident outlook to withstand businesses against the COVID spread and its impact.
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.
BSE Sensex and Nifty50 have rallied nearly 12 percent each since the week ended June 12. Both the indices have surged more than 48 percent each from their March 23 low
Index traders can wait for consolidation or mild retracement to enter long and expect the bias to be on the positive side until the prices are trading above 10,020 levels.
Pattern would be considered void on weekly close above 10,340, until then expect weakness to prevail with heightened volatility.
The research firm has raised its long-term value of new business growth forecasts as it believes that while growth in protection will continue, savings should make a stronger comeback as economy bounces back
The market is expected to break out of its 3-month high soon and Nifty may hit 10,300 this week itself, feels an expert
Once we see Nifty surpassing the higher boundary of 9,450, we would see a good broad-based participation in the market.
For market to move higher recent swing of 9889 needs to be taken out for move towards 10550 levels.
During the quarter, the insurer made an additional Rs 40 crore (equivalent to 4,500 lives) COVID-19 related mortality reserves. This is over and above the policy level liabilities.
While the banks and NBFCs have been dominating the benchmark indices, market experts say emerging sectors such as pharma are gearing up to take the front seat.
If VIX sustains above 50 levels, then pressure can be seen in the market. It needs to move below 40 levels for stability to return in the market.
Once India VIX settles below 70 levels, there will be a decline in volatility. On April 8, India VIX, after hitting intraday low of 46.97, witnessed a sharp rally of almost 10 percent from the day’s low point.
Vineeta Sharma of Narnolia Financial Advisors said the sharp fall in valuation was an opportunity for prudent long term equity investors.
Mitesh Thakkar of miteshthakkar.com recommends selling Coal India with a stop loss of Rs 162 for target of Rs 150 and Tata Motors with a stop loss of Rs 109 for target of Rs 100.
From the lingering slowdown in the economy to the outbreak of coronavirus, the market has a lot to deal with.
Brokerages feel the new tax regime would have modest impact on insurance companies' sales
Sudarshan Sukhani of s2analytics.com recommends buying Bata India with stop loss at Rs 1660 and target of Rs 1750 and Wipro with stop loss at Rs 246 and target of Rs 259.
Axis Securities expects the upcoming year to be good for equity investments, especially the midcaps, following the aggressive roadmap of reforms undertaken by the government treading fiscal prudence path.
NTPC reacted to the brokerage call and rallied 1.6 percent intraday on December 12.
Experts expect stock-specific activity to continue and as it is a 'buy of dips' market, recommend buying quality stocks for better returns
Going forward, increasing life expectancy, favorable savings and greater employment in the private sector is expected to fuel the demand for pension plans, which will act as a catalyst for this sector.
Ashwani Gujral of ashwanigujral.com advises buying HDFC Life with stop loss at Rs 625 and target of Rs 650.
