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 benchmark index is expected to be rangebound, with support at Wednesday's low. 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 uptrend in the markets is likely to continue in the coming sessions, albeit with consolidation. Below are some trading ideas for the near term.
Experts suggest that the Nifty 50 is likely to find support at 24,100, and below this, the 24,000-23,900 zone will be crucial to watch. However, resistance is expected at 24,300 on the higher side. Here are some trading ideas for the near term.
The Nifty 50 needs to give a decisive close above 24,200 for a further northward journey towards 24,500, with support at 24,000. Here are some trading ideas for the near term.
Experts expect the Nifty to hit 21,500-22,000 points in coming months. The Nifty has formed bullish candlestick pattern with long lower shadow on the daily charts on December 5, indicating buying interest at lower levels.
KPIT Technologies surged 9 percent to Rs 847 on the NSE and formed robust bullish candle on the daily charts with healthy trading volumes. The stock has recouped most of its losses seen since March 3, with trading above all key moving averages (9, 21, 50, 100 and 200-day EMA).
Indian Energy Exchange has given a breakout from a Pole and Flag pattern with a sharp surge in volumes. The momentum indicators are trading in the strong buying zone which confirms the strength of the stock.
Indian Energy Exchange also joined the bulls' party, rising over 4 percent to Rs 144, the highest closing level since December 19 last year and formed healthy bullish candle on the daily charts with strong volumes. The stock has been making higher highs higher lows for fifth straight session, with expansion of Bollinger band on both sides.
Business improving gradually now stock price should follow supported by reasonable valuations and buyback announcement
On daily charts, IEX has formed long bullish candle which is broadly positive. But at the same time, the stock is consistently taking resistance near 20 days SMA. The medium term texture of the stock is non-directional, perhaps, traders are waiting for the either side breakout.
ICICI Direct says the market correction is an opportunity for investors to add companies with sustainable growth visibility
Here's what Mehul Kothari of Anand Rathi Shares and Stock Brokers, recommends investors should do with these stocks when the market resumes trading today.
Here's what Jatin Gohil of Reliance Securities, recommends investors should do with these stocks when the market resumes trading today.
In October itself, the benchmark indices gained around 4 percent, taking total gains to over 55 percent from March lows. The Nifty Midcap index, too, gained 55 percent while the Nifty Smallcap surged 75 percent.
There are multiple pieces of evidence that suggest that Nifty is likely to find strong support around 11,200 levels and unless it closes below this level, the uptrend will remain intact.
Neeraj Chadawar of Axis Securities believes that the equity will continue to trade on higher multiples for some more time.
There are multiple pieces of evidence that suggest that Nifty is likely to find strong support in the range of 11,200-11,300 and unless the index closes below 11,200, the uptrend is still intact.
Experts say market has already run ahead of fundamentals and a correction is due
The broader markets also traded in line with benchmark indices as the BSE Midcap index gained 35 percent and Smallcap index rose 40 percent.
Seema Aggarwal bought 94,000 shares of GSS Infotech at Rs 115.99 per share and Jhaveri Trading and Investment purchased 85,000 shares of Lambodhara Textiles at Rs 52.56 per share on NSE.
Siguler Guff NJDM Investment Holdings Ltd sold 30 lakh shares of Indian Energy Exchange at Rs 161.5 per share on NSE and SG Bric III Trading LLC sold 20 lakh shares of company at same price on BSE.
Jefferies said high dividend payout ratio is a key positive for the company that will keep return on equities more than 40 percent going ahead.
United Spirits, IEX and home decor industry, among others, are being tracked by investors on Tuesday.
On a month-on-month (MoM) basis, the weight of PSU Banks, Oil & Gas, Telecom, Consumer, Infrastructure and Real Estate increased, while that of Private Financials, Technology and Metals showed signs of moderation, Motilal Oswal said in a report