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
NHPC has seen a breakout of horizontal resistance trendline adjoining multiple touchpoints and has formed a bullish candlestick with upper & lower shadows on the daily scale with healthy volumes
Swan Energy has formed long bullish candlestick pattern on the daily scale with above average volumes. The 20-day EMA has been acting as a good support for the stock for several sessions now.
Trent has continued higher highs, higher lows formation for second consecutive session, after Bullish Engulfing candlestick pattern formation, which is bullish reversal pattern, on August 8, followed by continuity in strong uptrend for next two sessions with robust volumes.
Rashtriya Chemicals and Fertilisers has formed Bullish Engulfing candlestick pattern on the daily charts. Stock found support on the upward sloping trend line on the daily chart and reversed north.
Investors should focus on the domestic economy-facing sectors like capital goods, infrastructure, real estate and banking. In the near term, they are betting on metals, IT and pharma
By providing attractive valuations, the COVID-19 pandemic seems to have offered an opportunity to investors who have been eyeing the mid and small-cap space to place their bets at significantly low risk, say experts.
There are expectations that railways will get higher allocation as the COVID-19 pandemic dealt a severe blow to the sector's revenue in the current financial year.
Most contractors are sitting on order book of 3-3.5x of last 12 months revenues which provides very strong revenue visibility for them.
IT and pharma are preferred themes by experts after June quarter earnings
Even management commentary gave the market a confident outlook to withstand businesses against the COVID spread and its impact.
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 .
KNR Constructions' EBITDA margin was surprising positive at 21.7 percent, primarily due to stronger execution and rising share of higher-margin irrigation segment in the revenue mix.
For Q3, KNRC reported strong set of numbers with margins (around 22.3 percent) surprising positively, led by healthy execution from the irrigation sector.
The government consistently focuses on development of smart cities across country, especially since they came in to power in 2014.
Rusmik Oza said a 5-6 percent correction from the peak levels could be a healthy one for the long-term market sentiment.
As market was testing new highs, emergence of geopolitical tensions could force people to book profits, said experts
HDFC Securities selected stocks across major sectors financials, consumer, pharma, industrials, oil, automobile, cement and technology.
Prabhudas Lilladher prefers companies with low debt, good corporate governance, lean working capital cycle and 2-3 years of revenue visibility (order book).
PNC's consolidated profit in first half of FY20 increased sharply by 129 percent year-on-year to Rs 392 crore on revenue of Rs 2,866 crore which grew by 75 percent YoY.
A lot of stocks have shown double digit growth in the last few sessions but it is never too late to invest, provided it is done after a thorough research.
On the downside 11,600 continues to act as a major support zone, also the lower end of the trading range with 11,765 acts as immediate support
Experts now feel that it is better to stay put in the market and remain stock-specific than focusing on the index
It is advisable to take some profit off the table at the current juncture in the mid and small-caps and wait for a decent throwback to renter at lower levels.
The risks to portfolio would be geopolitical tension and global recession (as there are expectations of economy slowdown in US and Europe), Edelweiss said.