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 likely to stay in positive terrain with improving sentiment. Below are some short-term trading ideas to consider.
Rangebound trading is expected to continue until the benchmark indices trade below the previous week’s high. Below are some short-term trading ideas to consider.
The market is expected to remain in positive terrain, supported by strength in technical and momentum indicators. Below are some short-term trading ideas to consider.
The market is expected to see some consolidation in the upcoming sessions after the recent sharp downmove. Below are some short-term trading ideas to consider.
The negative trend is expected to prevail in the market. Below are some short-term trading ideas to consider.
Market sentiment is expected to remain positive. Below are some short-term trading ideas to consider.
The trend is likely to be in favour of bulls, but the Nifty 50 needs to hold above all key moving averages for a sustainable rally. Below are some trading ideas for the near term.
The index is likely to trade within the 24,000-24,500 range. Breaking the upper range may take it towards 24,800, and below 24,000, the 23,700 level is the one to watch. Here are some trading ideas for the near term.
The 24,500 level is likely to be key resistance as long as the Nifty 50 holds 24,200 support, and above this, 24,800 is the level to watch. Here are some trading ideas for the near term.
Siemens ended at new closing high of Rs 5,768, and formed long bullish candlestick pattern on the daily timeframe, while the trading volumes in last three sessions remained healthy.
Hindustan Copper formed long bullish candlestick pattern on the daily timeframe, with above average volumes. The stock traded above all key moving averages.
DLF formed long bullish candlestick pattern on the daily timeframe with higher volumes. It has completed recouped its March losses due to buying in last few days, and traded above all key moving averages.
Hindustan Aeronautics extended uptrend for third consecutive session with above average volumes, after forming a bottom around Rs 2,914 last week. The stock has formed long bullish candlestick pattern on the daily timeframe.
Hindustan Copper has formed Bullish Engulfing kind of candlestick pattern on the daily charts, indicating the possibility of positive mood in the counter going ahead.
In light of the overall chart structure, Vidnyan Sawant maintains a bullish stance on Nifty 50 with specific targets set at 21,593 and 21,800 for the short to medium term.
The Nifty is expected to continue its upward journey and to register fresh all-time high above 20,222 soon.
Hindustan Copper has seen a breakout of downward sloping resistance trendline and has formed robust bullish candlestick pattern on the daily timeframe with significantly higher volume.
Positional Traders are advised to remain cautious till Nifty closes above 19,800 levels.
After several months of consolidation, Indian Overseas Bank has seen a decisive breakout on last Friday. The stock has formed robust bullish candlestick pattern on the daily charts with multi-fold jump in volumes, which brought more positivity in the counter.
Trend for Welspun India looks bullish. Any dip towards Rs 105 can be used as a buying opportunity for a move towards Rs 122 as long as Rs 100 holds on the downside.
The overall structure of Schneider Electric Infrastructure is very impressive, as it is trading above all its important moving averages.
Hindustan Copper has broken out from the downward sloping trend line on its weekly charts. Volumes have been gradually rising along with the price rise.
Here's what Rajesh Palviya of Axis Securities recommends investors should do with these stocks when the market resumes trading today.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank, ICICI Bank and Axis Bank.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may sell SREI Infra Future with a target of Rs 94.20.