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 may continue to consolidate as long as it trades below last week’s high. Below are some short-term trading ideas to consider.
The market is likely to see rangebound trading until it trades below last week's high. Below are some short-term trading ideas to consider.
The market is expected to consolidate further amid range-bound trading before finding firm direction. Below are some short-term trading ideas to consider.
The market may remain consolidative with rangebound trading until the August high is decisively broken. Below are some short-term trading ideas to consider.
The market may turn positive amid rangebound trading. 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 market is expected to sustain range-bound trading, and the elevated volatility signals caution for bulls. Below are some trading ideas for the near term.
A close above 24,500 could drive the Nifty 50 towards the 24,700-24,800 zone, but if it stays below this level, consolidation and range-bound trading may continue with 24,200 as support. Here are some trading ideas for the near term.
NBCC traded above all key moving averages since the second half of July, and formed long bullish candlestick pattern with upper and lower shadows on the daily charts, with robust volumes.
Key support levels for the Nifty50 are anchored by a solid base at 19,480, marked by multiple touch points, followed by additional support zones at 19,200 and 19,000.
From a technical point of view, the 19,720-19,750 zone withholds the sturdy resistance, followed by the next cluster around 19,800-19,850 for the current week.
Till the time the Nifty does not surpass the 19,550 – 19,600 level on a closing basis, one should avoid being complacent and ideally, it’s better to avoid aggressive trades, according to experts