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 witness some correction following Friday’s turmoil in US counterparts. Still, technically, the trend remains upward as long as the index stays above all EMAs. Below are some short-term trading ideas to consider.
Overall, the trend continues to favour the bulls, although some consolidation may occur following a two-week rally. Below are some short-term trading ideas to consider.
After the RBI's Monetary Policy Committee reduced the repo rate by 50 bps to 5.5 percent, Moneycontrol collated a list of top 14 rate-sensitive stocks from experts with a shorter term investment perspective.
Moneycontrol collated a list of 11 rate-sensitive stocks from experts for the short term.
As long as the market defends the midline of Bollinger Bands, the trend may remain in favour of bulls despite Monday's profit booking. Below are some trading ideas for the near term.
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 Nifty 50 is likely to continue its upward rally given the beginning of momentum and a fall in volatility. Below are some trading ideas for the near term.
Moneycontrol collated a list of top 10 rate sensitive stocks from experts with a 3-4-week perspective.
The Nifty 50 is likely to trend higher and hit new highs amid consolidation. Below are some trading ideas for the near term.
The market is likely to maintain its upward journey amid intermittent consolidation. Here are some trading ideas for the near term.
The 24,900 – 25,100 range is expected to serve as a significant resistance level for Nifty 50 due to a gap observed on the daily chart. If the Nifty index manages to close decisively above this resistance zone, it could open the door for further upside potential.
The Nifty 50 is expected to consolidate in the coming days, with support at 23,400 and resistance at 23,700. Here are some trading ideas for the near term:
The market has reached near the crucial resistance of 23,000 on the Nifty 50, and it needs to give a strong close above the same for further upward journey from hereon.
Traders are advised not to be swayed by temporary rebounds and to maintain light positions until concrete signs of a bullish reversal emerge, especially with the impending Lok Sabha election results.
The levels to watchout for in the current week would be 22,500 - 22,600 on the higher side on the Nifty 50, and 22,000 - 21,800 on the lower side.
IndusInd Bank smartly defended its 200-day EMA (exponential moving average) many a times in the recent past. The stock has seen a breakout of downward sloping resistance trendline and climbed 3.5 percent to Rs 1,526.65.
Bosch has experienced a significant breakdown on the daily chart, accompanied by a notable increase in trading volumes, suggesting a potential shift in the stock's trend.
IndusInd Bank stock price has experienced a recovery following a retest of the breakout level of horizontal trendline support. The stock recently broke out and climbed above its previous high, generating upward momentum
Now the Nifty50 seems to be heading towards 18,900 – 19,000 which can be the best-case scenario.
Shree Cement climbed 2.5 percent to Rs 25,757, the highest closing level since May 2, 2022 and formed strong bullish candle on the daily charts with making higher high formation for fifth consecutive session. It traded with above average volumes.
The trend seems to be reversing for the IT sector as HCL Tech & Infosys see maximum upgrades in the past one month while HUL and Tata Motors were the top stocks to witness maximum downgrades
Mazagon Dock Shipbuilders jumped more than 8 percent to end at record closing high of Rs 556.25, forming strong bullish candle on the daily charts with higher high higher low for fourth consecutive session. The stock gained 30 percent in these four days with above average volumes.
Federal Bank, ICICI Pru Life Insurance, Oberoi Realty among the stocks. With the Sensex and the Nifty reversing losses after the RBI decision, experts say the Nifty’s next stop could be 17,800. Banking and financial services, FMCG, IT, metal and pharma stocks supported the market.
RSI plotted on daily and weekly time frame is below 50 mark, which tells that RBL Bank has lower momentum in it. We recommend the trader and investors to sell this stock until the level of Rs 115 is protected on the upside.
If the index shows any recovery, then there could be resistance around 15,400-15,500 area, whereas it could find support around 15,200-15,000 levels, and breaking of which could create some panic in the market, experts say