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 extend its upward journey, but sustainability remains the key factor to watch. Below are some short-term trading ideas to consider.
The market is expected to remain rangebound until it trades below record high levels. Below are some short-term trading ideas to consider.
Buying momentum is expected to strengthen further if the frontline indices sustain above the 20-day EMA in the upcoming sessions. Below are some short-term trading ideas to consider.
The RBI interest rate decision may provide direction to the market in the upcoming session. Below are some short-term trading ideas to consider.
Overall, the trend remains positive, though some profit booking and consolidation in the upcoming sessions can't be ruled out after the robust gains of the previous session. Below are some short-term trading ideas to consider.
Maruti Suzuki India ended at new closing high and formed bullish candlestick pattern on the daily timeframe with above average volumes. The stock remained above all key moving averages since last week.
Experts are now hoping to see the rally to reach 22,500 in the coming sessions, with support at the psychological 22,000 mark and a crucial support at the 21,900 level
The Nifty has just broken out from the flag pattern, and may further accelerate towards 22,118 levels. As long as it is above 21,580, buying on dips can be a prudent strategy.
As the market advances, it is advisable to focus on risk management and have a selective approach while looking out for thematic movers amidst the ongoing sectoral rotation, Sameet Chavan said.
The support for Nifty50 lies at 20,850, below which the market may witness a healthy correction in the short term.
Sterlite Technologies exhibited a strong breakout on the daily chart, accompanied by a significant surge in trading volumes.