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 is expected to gain further strength only if it decisively climbs above the midline of the Bollinger Bands. Below are some short-term trading ideas to consider.
The market is expected to see some consolidation in the upcoming sessions after the recent sharp downmove. Below are some short-term trading ideas to consider.
The market may see a bounce-back after the significant selling pressure of last week, but sustainability is the key to watch. Below are some short-term trading ideas to consider.
The market may remain consolidative and rangebound until it gives a strong close above all key moving averages. Below are some short-term trading ideas to consider.
The market may attempt a bounce back considering the oversold conditions, but it is unlikely to sustain the same. Below are some trading ideas for the near term.
The bullish sentiment is expected to sustain with the VIX reaching a one-month low. Below are some trading ideas for the near term.
The consolidative phase is likely to continue in the market despite the overall positive trend. Below are some trading ideas for the near term.
On the weekly price chart, L&T has broken out of a diamond pattern – a rare and powerful technical indicator signalling the end of consolidation and the start of a bullish trend.
The Nifty 50 may see further selling pressure in the upcoming session, given the negative sentiment. Below are some trading ideas for the near term.
The market has reached near the crucial resistance of 23,000 on the Nifty 50, and it needs to give a strong close above the same for further upward journey from hereon.
Here's what experts recommend investors should do with these stocks when the market resumes trading on Budget day.
There weren’t any surprises in the Governors’ statement. Sometimes no news is good news, which is why markets have reacted with a slightly positive bias, says Apurva Sheth, Head of Market Perspectives & Research at SAMCO Securities.
Data Patterns India continued to consolidate since the mid of September and formed Doji candlestick pattern on the daily scale, but tested 50-day EMA (Rs 2,113) and went closer to falling resistance trendline during the day. The stock rose 0.85 percent to Rs 2,099 on the NSE
The overall trend of the Nifty index looks positive till it sustains above 19,562 levels and potential upside would be 19,991 followed by the 20,200 mark.
The market seems to have reacted to the MPC move as the benchmark indices rallied sharply in the previous session to hit the highest level of current calendar year. Today, the Nifty and Sensex turned volatile
A falling wedge formation and an Inverse Head and Shoulder pattern have both broken out on DLF. We are able to clearly observe a Bullish Marubozu candlestick pattern on the weekly time period
Varun Beverages is currently trading near its life-high which tells that the stock already is in strong momentum. The recent breakout of the Rounding Bottom pattern confirms continuation of the prior uptrend.
IIFL Finance has made long bullish candlestick pattern on the daily charts with strong volumes, making higher high for fourth consecutive session. It has seen a breakout of horizontal resistance trend line adjoining multiple touchpoints - November 28, December 27, 2022, January 2, and January 13, 2023.
The momentum seems to be in favour of bulls but having consistent run-up for the last few days, some bouts of volatility and consolidation can be seen in coming sessions, before taking gradual march towards first 18,700-19,000 area
Breaching either side of 18,200-18,450 range can give some kind of direction to the market in the coming days, but having a monthly expiry and FOMC minutes scheduled this week, volatility and consolidation is at the top before any kind of big move on either side of range
Once the dust settles, markets are expected to hit new highs, as many of the signals are positive
After making a low at Rs 1,456, L&T is forming higher top higher bottom formation on all the time frames like daily, weekly & monthly indicating positive undertone of the stock for the short to medium term.
With Friday's strong gains, Speciality Restaurants has bounced back from its trendline support zone which remains a crucial support zone. The daily and weekly strength indicator RSI has turned bullish along with positive crossover indicating rising strength at lower levels.
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