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 remain directionless in the upcoming sessions. Below are some short-term trading ideas to consider.
The frontline indices are expected to see further consolidation in upcoming sessions before potentially entering a new leg of the uptrend. Below are some short-term trading ideas to consider.
The market may see some consolidation after the recent significant run-up. Below are some trading ideas for the near term.
The consolidation and rangebound trading may continue in the near term. Below are some trading ideas for the near term.
The benchmark indices remain bullish despite Tuesday's consolidation and are expected to move northward in the upcoming sessions. Below are some trading ideas for the near term.
The benchmark indices are expected to consolidate further until a decisive close above short-term moving averages. Below are some trading ideas for the near term.
While the market may rebound amid consolidation, sustaining the expected recovery is key to watch. Below are some trading ideas for the near term.
Moneycontrol collated a list of 9 budget-sensitive stocks from experts that can provide better returns in the short term.
The market may attempt a rebound amid likely consolidation; however, the overall sentiment remains bearish. 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.
Rangebound trading is expected to sustain in the upcoming sessions until the frontline indices give a strong close above all key moving averages. Below are some trading ideas for the near term.
The market is expected to remain rangebound until it decisively rebounds and sustains above the 200-day SMA. Below are some trading ideas for the near term.
The market is expected to remain rangebound with a positive bias in the upcoming sessions. Below are some trading ideas for the near term.
Nervousness is likely to persist on Dalal Street as indices traded below all short- to medium-term moving averages, which is a negative sign. Below are some trading ideas for the near term.
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.
If the Nifty index manages to close decisively above the 23,500-resistance level, it could signal further bullish momentum, potentially driving the index to reach 24,000 by the end of this week starting from June 18.
NIfty is expected to test the upper band of this channel, around 23,000 or higher. Consequently, the recommendation remains to buy on dips, at least until the elections
The market is anticipated to sustain its upward bias in the forthcoming sessions. Here are some trading ideas for the near term.
On the lower side, 22,350-22,300 is the immediate key support for Nifty and as long as this holds, the chances of consolidation with positive is seen.
Experts feel the Nifty is likely to correct up to 22,300-22,200 and breaking of the same can take it down up to 22,000 mark, but in case of recovery, 22,700-22,800 may be the key hurdle
Traders are advised to avoid complacent long bets and ideally, any bounce towards 22,000 - 22,100 should be considered to exit long positions.
The levels to monitor in the Budget week are around the psychological mark of 21,000, coinciding with 50-SMA. In the case of any negative surprises, Nifty may decline towards 20,800 or even towards the bullish gap of 20,500.
The phase of consolidation may last as long as the index trades below the 21,000 mark, with immediate support at 20,850 and crucial support at the 20,500-20,300 levels, but if the index decisively closes above 21,000, then 21,500 could be the possibility
The critical levels to watch out for Nifty next week would be 21,000 - 21,400 on the higher side, and 20,700 – 20,300 on lower side.
The sentiment remains strong as long as it stays above 20,000 mark and also continued buy on dips strategy, say experts.