co-presented by
ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
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
According to experts, the Nifty 50 is likely to march towards the 24,300-24,500 zone if it manages to hold above 24,100 in the coming sessions. However, breaking below 24,100 could drag it down towards the 24,000-23,900 zone. Here are some trading ideas for the near term.
Natco Pharma has seen a big breakout of around six-week consolidation with strong volumes. The stock has also seen a crossover with 50-day EMA crossing the 200-day EMA in the week gone by, which is a positive sign.
Hikal share price clocked 9.2 percent gains at Rs 322.35, continuing uptrend for fourth straight day, and formed strong bullish candlestick pattern on the daily charts for second consecutive session. In fact, it has broken long down sloping resistance trend line adjoining September 16, 2021 and May 6, 2022.
Short term trend of ICICI Securities turned bullish as it closed above its 5 days EMA, first time after April 20 this year, with higher volumes. Momentum oscillators like RSI and MFI have exited from the oversold zone and started rising, suggesting higher possibility of bullish trend reversal in stock price in the coming days.
Here's what Mazhar Mohammad of Chartviewindia.in, recommends investors should do with these stocks when the market resumes trading today.
Every sector participated in the run seen this month, given expected recovery in earnings and economy after slew of measures announced in last one year.
Gaurav Dua of Sharekhan expects double-digit returns in CY2021 through with some hurdles in the journey.
In the coming months, the broader markets will outperform the benchmarks if the growth comes back on track, say experts.
In muted earnings expectations for Q1FY21, beats were much higher than misses and that was one of major reasons and confidence booster for equity market not only in India but globally.
The Bank Nifty has been the weak link for the last two trading sessions. However, this could be part of sector rotation in the overall bullish trend.
Technically the index has been scaling higher with narrow ranged candles but the momentum indicators are diverging & indicating lack of strength.
Nifty Put-Call option distribution data is suggesting is support at 11,400 levels and resistance at 11,800 levels.
Lower side support is maintained around 10,700-10,800 levels.
Investors should be prepared for quality stocks as brokerages believe that there are ample opportunities in the market considering expected broad-based rally
Volatility is likely to increase further as we approach Interim Budget, suggest experts and investors should be prepared for sudden movements on either side
During a week under review, the Nifty index managed to sustain above its long-term moving averages on a closing basis, and also managed to close above 20-day EMA resistance placed around 10,821
CLSA has maintained buy call on ICICI Securities with a price target at Rs 380.
As many as 20 companies listed on the exchanges with an issue size of more than Rs 1,000 crores. Out of 20 companies, as many as 12 companies have fallen between 2-75 percent since their listing while the rest 40 percent gave positive returns.
The global research firm said that the company is expected to be a key beneficiary of a shift to financial avenues of savings
"Considering a RoE of over 70 percent for FY17 and the market leadership enjoyed by the company, it may continue to trade at a higher premium. We have a buy rating with target of Rs 480," says Sumit Bilgaiyan, Founder of Equity99.
While experts unanimously highlight the valuation concerns, there are multiple views on whether it is a good time to invest at current prices.
