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 improved sentiment may drive the market gradually toward the September high. Below are some short-term trading ideas to consider.
The market may remain consolidative with rangebound trading until the August high is decisively broken. Below are some short-term trading ideas to consider.
ITI formed robust bullish candlestick pattern on the daily timeframe with strong volumes on Wednesday. The stock gained more than 60 percent during the current week.
Selling on rallies seems to be the favoured strategy for traders in the Bank Nifty, unless the index provides a clear and decisive breakout above the 45,000 levels.
Chances look bright for the Nifty50 to move towards the record high of 18,604 in the coming days if the momentum sustains and global markets support, with crucial support at the psychological 18,000 mark, said experts. They advise to continue with the 'buy on dips' strategy
NTPC was the third biggest gainer in the futures & options segment, climbing 5 percent to Rs 182, the highest level since December 2009. It has formed large bullish candlestick pattern on the daily charts with strong volumes. In fact the volume was above average for fourth consecutive day.
On the daily chart, ITI has confirmed "Rounding Bottom" formation breakout at Rs 115 levels along with huge volumes. The stock has recaptured the 200-day SMA and rebounded sharply.
At current juncture, Trident is in crucial support zone of Rs 35-36. Moreover, exactly at those levels, we have seen Bullish Engulfing on June 21 along with volume picking up and it is a sign of positive momentum.
According to Prashanth Tapse, Surya Roshni, APL Apollo Tubes, Jindal Saw may benefit. Read on to find out which stocks other experts picked
The buying interest around TV Today Network picked up momentum in the last three months which saw its shares rising a little over 50 percent in the same period.
Rakesh Bansal of RK Global advises buying Adani Enterprises with a target of Rs 147.
Rakesh Bansal of R K Global suggests buying Cairn India with a target of Rs 262.
Ashish Kyal of Waves Strategy Advisors is of the view that oen may buy Adani Power with a target of Rs 35.
In an interview with CNBC-TV18, market expert SP Tulsian gave his stock picks for the day and shared his views on the IT raid at Indiabulls Housing.
In CNBC-TV18's popular show Bull's Eye, Pankaj Jain, Sunteck Wealthmax shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.