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 is expected to be range-bound in the upcoming session. Below are some trading ideas for the near term.
The bearish sentiment may persist, given the index's breach of the 50 and 200-day EMAs, alongside the continuation of the lower highs-lower lows formation. Below are some trading ideas for the near term.
The market is expected to consolidate with a negative bias, while volatility is expected to remain high. Below are some trading ideas for the near term.
The market may attempt to rebound amid likely consolidation after the steep fall. Below are some trading ideas for the near term.
The bearish sentiment may persist as long as the market trades below all key moving averages. Below are some trading ideas for the near term.
The Nifty 50 is likely to trend higher and hit new highs amid consolidation. Below are some trading ideas for the near term.
Overall, the market trend is expected to remain positive despite occasional consolidation. Here are some trading ideas for the near term.
The stronger bullish momentum on the Nifty50 can be only witnessed above 19,750-19,850-zone.
Voltas closed nearly 3 percent higher at Rs 842.35 apiece on Thursday and formed long bullish candle on the daily charts with strong volumes
JK Cement is witnessing a smart bounceback with a rounding bottom formation and it managed to close above its 100-DMA. On the upside, Rs 2,500 is an immediate hurdle. Above this, we can expect a move towards its 200-DMA.
Oscillators on the higher timeframes indicated the sentiments are positive, but the lower timeframes (one hour and below) indicated negative sentiments which can be a sign of overbought and hence some setback can't be ruled out especially after 4 percent run up last week and 10 percent rally from June lows, experts said
Though Hindustan Aeronautics looks lucrative at current levels, one should wait as HAL is trading near its previous tops.
Here's what Ruchit Jain of 5paisa.com, recommends investors should do with these stocks when the market resumes trading today.
Traders should keep stock specific action on radar, as volatility is likely to grip markets in coming week.
The primary trend of the market is bullish as Nifty has been holding above its 50, 100 and 200-day moving averages.
The eastern market may come under severe pressure as the total capacity of around 8 MTPA is expected to be commissioned in 2021.
As per estimates of brokerage firm JM Financial, the consolidated volume growth for 14 listed companies was 5 percent year-on-year (YoY) in the September quarter of FY21.
According to Prashanth Tapse, Surya Roshni, APL Apollo Tubes, Jindal Saw may benefit. Read on to find out which stocks other experts picked
The market's valuations have turned higher than long-period average and investors should be cautious and selective in picking stocks, say experts .
Nifty has been trading in the rising wedge pattern on the daily charts. The lower band of this wedge projects the strong support at 10,050-10,100 levels. Close below this support, would mean breakdown for the short to medium term in Nifty.
Management believes that current cement prices are up by Rs 10 per bag from Q4FY20.
The demand for cement demand has started recovering from December, with volumes growing by 3-5 percent YoY, as against a decline of 2-3 percent in the first half of FY20.
JK Cement's Q3FY20 results were in-line with estimates. Revenue grew 10 percent YoY, led by 10 percent growth in grey cement realisations (down 2.5 percent QoQ).
HDFC Securities selected stocks across major sectors financials, consumer, pharma, industrials, oil, automobile, cement and technology.
The market traded in a range last week amid weak macro data, but inline performance of India Inc helped the Nifty close near its crucial support of 11,900.