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
In the truncated week beginning today, the index may march towards its last week's high of 18,178, followed by 18,350 (the high of 2022). If the index manages to sustain these levels, then a record high of 18,604 can't be ruled out with strong support at 18,000-17,900 levels
The broader market has started to show some encouraging signs, with the Nifty Midcap 100 and Smallcap 100 indices rising 3 percent and 4 percent. This should do extremely well if the market remains above the psychological support of 16,000
Those who believe that the merged entity will create a strong business can buy the shares for the long term.
The overall major trend remains strong as Container Corporation is moving in higher top and bottom formation. The daily weekly and monthly RSI (relative strength index) remains in bullish mode along with positive crossover which supports sustained strength.
Indicators and oscillators like directional movement index (DMI), RSI and moving average convergence divergence (MACD) have given fresh buy signal in Wipro on the short term charts.
Experts expect some consolidation in the key indices and adjustments to continue in individual stocks. For the week ahead, in case of a consolidation, one should focus on stock-specific moves, which will provide excellent trading opportunities, they said.
The market structure is still weak but there are some signs of a short-term reversal
SBI Securities is bullish on multiplex; travel; fashion, QSR and fine dine; and commercial rental businesses.
Mid and smallcaps may cool off a little but this opportunity should be used to add quality stocks to your portfolio as the long-term market outlook is bullish, says experts
The most noted point after September quarter earnings season was that more than 100 stocks witnessed upgrade in rating to buy from brokerages.
Long-term investors should pick their favourite mid and smallcap shares gradually over the next few months, experts say.
Experts say market has already run ahead of fundamentals and a correction is due
The market is likely to remain in consolidation mode in next week amid corporate earnings, Delhi assembly elections results and domestic data including IIP, CPI and WPI.
Most experts see FII flows moving towards few largecaps in coming year also
Rising food prices have pushed retail inflation in November to a three-year high of 5.54 percent.
'Better farm income coupled with the measures taken by the government and RBI will help improve demand conditions'
Prabhudas Lilladher believes INOX's 'premiumisation' approach and strategy to focus on metro and Tier-1 markets is yielding rich dividends.
Hence here are 11 stocks where brokerages initiated coverage with a buy call, which could give 10-73 percent return:
A lot of stocks have shown double digit growth in the last few sessions but it is never too late to invest, provided it is done after a thorough research.
Analysts believe that the move by the government gives cinema owners the flexibility of pricing mechanism, which is a positive.
Traders can accumulate the stock in a range of Rs 225-230 for an upside target of Rs 250 and a stop loss below Rs 210, says Shitij Gandhi of SMC Global Securities.
Amid global and domestic headwinds, the market is likely to remain volatile and investors should use the current fall to build a portfolio for the next 2-3 years, suggest experts.
According to experts, the volatility is here to stay for some more time and another 4-5 per cent correction can't be ruled out.
HDFC, Tech Mahindra and KPIT Tech, among others, are being tracked by analysts on Tuesday.
Inox, GAIL and BHEL, among others, are on the radar of analysts on Monday.