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 witness a healthy rally in the upcoming session after Trump announced a 90-day pause on tariffs for all countries except China (which remains subject to a 145% tariff rate), though uncertainties persist. Below are some trading ideas for the near term.
The market is expected to take a cue from the budget for further direction, while volatility may remain on the higher side. Below are some trading ideas for the near term.
Experts expect the Nifty 50 index to take support at the 22,600-22,500 zone, and above these levels, there is a possibility of a resumption of the upmove towards the 23,000 mark. However, below 22,500, a sharp downward move can't be ruled out.
The market turned volatile at 22,500 as it priced in the non-event. Once the index closes above 22,600, one can expect a march towards 22,700-22,800.
A bullish reversal stokes hopes for further rise in the Nifty50 and, if it comes true, then 19,800-20,000 can be a possibility in the coming days, with immediate support at 19,600-19,500 and crucial support at the 19,300 levels, experts said
Gujarat Ambuja Exports formed bullish candlestick pattern with long upper shadow on the daily charts. The trading volume was robust, while there was a decisive breakout of long falling resistance trendline, with stock trading above all key moving averages.
Given the prevailing conditions, the Nifty Index's trend in the short to medium term appears to be corrective, as long as it remains below the 19,645 levels.
The entire Healthcare space has been buzzing and seems to be finding its mojo back. Along with pharmaceutical companies, ‘Apollo Hospitals’ too performed well throughout this week.
D-Street is counting on key reforms in the Budget that could push growth and kicks tart the capex cycle in the economy.
Vijay Chopra of enochventures.com is of the view that HUDCO may move to Rs 120-140.
Ashwani Gujral of ashwanigujral.com is of the view that one may exit Housing & Urban Development Corporation.
Prakash Diwan of Altamount Capital Management is of the view that one may stay invested in HUDCO and MOIL.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Hudco and sell India Cements.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Asian Paints, Gruh Finance, HUDCO and Nalco and sell Bharat Forge.
Sudarshan Sukhani of s2analytics.com advises buying Bharti Infratel, NBCC and HUDCO and advises selling Raymond.
Technically, the trend is still intact as long as 9792 holds. The crucial support for the Nifty is at 9792-9720 and the resistance is at 9916-9969, says Prakash Gaba of prakashgaba.com.
The recently listed companies undoubtedly bring their own unique moats to investors. However, somewhere while appreciating the strengths of the businesses, investors have taken their eyes off valuations.
Ashwani Gujral of ashwanigujral.com suggests buying Century Plyboards, Brigade Enterprises, HUDCO, Aurobindo Pharma and Biocon.
Ashwani Gujral of ashwanigujral.com suggests buying Avanti Feeds and feels that there is more upside in Avenue Supermarts.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Bank, Interglobe Aviation, Gruh Finance, Uflex and Equitas Holdings.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Sintex Industries, Biocon, HPCL and Bharti Infratel.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
VK Sharma, Head of Business, Private Client Group at HDFC Securities recommends buying Asian Paints, Mahindra and Mahindra, Sun Pharmaceutical Industries, Kotak Mahindra Bank, Dabur India and HUDCO.