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
SBI Securities is bullish on multiplex; travel; fashion, QSR and fine dine; and commercial rental businesses.
The biggest beneficiaries would be the infrastructure segment, capital goods, real estate, railways, power, fintech, agriculture, defence and banks, say experts. One of them said the Budget will be negative for the entire PSU and PSU bank space since there were no major announcements on divestments.
The Nifty 50 extended its gains over the past four weeks to 7.5 percent, which indicates a positive momentum. If the uptrend persists, a record high can’t be ruled out in the coming days, experts said.
Here's what Mazhar Mohammad of chartviewindia.in, recommends investors should do with these stocks when the market resumes trading today.
Not really, say experts. Though they don’t advise investors to accumulate the stock, they ask long-term investors to hold the stock as its fundamentals are still strong. What we are seeing is a technical correction, they say.
Mazhar Mohammad, of Chartviewindia.in, suggests options for investors either holding or aiming for some of the key market movers of Tuesday.
Here's what Gaurav Sharma of Globe Capital Markets, recommends investors should do with these stocks when the market resumes trading today.
As the economy reopens, public transportation is expected to increase, benefiting the railways. Investors are also anticipating a stock split.
Here's what Mazhar Mohammad of Chartviewindia.in recommends investors should do with these stocks when the market resumes trading today:
The rally attributed to the reopening of economy, its monopoly in internet ticketing & catering business, and railways' asset monetisation plan.
As the world reopens, investors can look at companies like IRCTC, IndiGo, Mahindra Holidays among others
Looking at the current chart set up, we are expecting a volatile movement in the market with a bearish tilt in the coming trading sessions, said Vishal Wagh of Bonanza Portfolio
On the upside, the key resistance level for Nifty is 15,273 (the upper range of the consolidation). If the index sustains above this level, we might see the index heading higher towards 15,650
While midcap stocks tend to see more volatility versus Nifty50, over a longer term they tend to deliver stronger returns and this theme is expected to play out going ahead, Nirali Shah said.
In last five years, among main board IPOs, total 7 stocks closed the listing day with more than 100% gains. These include Burger King India, Happiest Minds Technologies and Mrs Bectors Food Specialities
A rectangle is a chart pattern formed when price is bound by parallel support and resistance levels. This pattern is where supply and demand are in approximate balance for an extended period of time.
IRCTC is debt free with cash balance of Rs 1,160 crore as of December 2019. Thus, it can tide over current crisis without leveraging the balance sheet, the brokerage feels.
Current sell-off has presented an opportunity to accumulate stocks for long term as most of the stocks are available to the investors at attractive valuations.
Of the qualitative IPOs, we recommend four companies that listed in the last two-to-three years and have delivered consistent performance in a volatile market
IRCTC's market capitalisation also increased from Rs 5,000 crore to Rs 15,000 crore.
We can say investors got another stock to add to their portfolio and be bullish on this stock in long-term and always buy from a correction.
Analysts had expected the stock to return 80-90 percent in the long term, but it was achieved on the debut day itself. They, however, feel that the stock will give consistent returns in the long run.
IRCTC has a dominant market share of 72 percent in Railway E-Ticketing bookings.