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
In the current fall, from an investor's point of view, this is certainly an excellent opportunity to bag quality stocks in a staggered manner but for traders, it will be difficult to say that worse is behind, says Sameet Chavan of Angel One
With the possibility of escalation in tensions in Eastern Europe due to the Russia-Ukraine war keeping investors edgy, the brokerage firm says healthy earnings visibility can act as a cushion
The biggest beneficiaries would be the infrastructure segment, capital goods, real estate, railways, power, fintech, agriculture, defence and banks, say experts. One of them said the Budget will be negative for the entire PSU and PSU bank space since there were no major announcements on divestments.
Sameet Chavan of Angel One says Traders should trade with a positive bias as long as the index remains above 17,000–16,800
Traders can continue with a stock specific approach. "And we may see trades on both sides if Nifty remains in a consolidation mode," says Sameet Chavan of Angel One.
Experts said trades could continue to be rangebound in the coming days and if the Nifty 50 closes decisively above 18,000-18,100, then it may rally towards record high levels.
Larsen & Toubro closed a percent higher at Rs 1,908.95, Barbeque Nation Hospitality ended 5.7 percent up at Rs 1,624.15, and eClerx Services gained 1.75 percent to settle at Rs 2,383.70 on November 4
If the Nifty breaks above the 20-Day SMA (18,050), it can be assumed that profit booking and the correction have come to an end. The index may resume its upmove towards 18,400, 18,600 and eventually towards a fresh life time high
Considering the recent behaviour of the market, it is pretty clear that the bulls are not willing to let loose their firm grip so easily, says Sameet Chavan of Angel One.
While a status quo on rates was expected, the equity market cheered the continuity in the monetary policy stance of the RBI MPC.
Experts said the momentum is expected to remain in the bulls’ basket but considering the hefty run-up until last week, some amount of profit-booking and consolidation can’t be ruled out
The company is set to benefit from the government’s infrastructure push and will remain the top pick in the capital goods space as a proxy to India’s capex story
There is no sign of weakness but we reiterate when things start to look hunky-dory everywhere, wise traders choose to take some money off the table, said Sameet Chavan of Angel Broking.
Nifty witnessed a fresh breakout on charts after almost two months of consolidation in the range of 15,500-15,900. It crossed the 16,000-mark for the first time on August 3
Gaurav Garg of CapitalVia Global Research believes the market has already factored in current economic conditions and might take the GDP data as a non-event.
Strong corporate earnings and hopes that declining COVID-19 cases will prompt states to ease lockdowns have buoyed the market sentiment amid concerns of vaccine scarcity and downgrades of India’s growth outlook.
In the upcoming sessions, the bias is likely to remain in favour of bulls and we expect the market to rally towards its all-time highs. Read on to know why these 3 stocks are a buy in short term
The market has remained volatile as coronavirus cases continue to rise in the country. Experts say every decline is an opportunity to buy quality stocks, with a strong recovery expected once infections reach their peak.
Immediate support for the Nifty is placed around 14,800. Any close below this level would mean that correction could accelerate and Nifty may slide to 14,521-14,600 levels.
LIC Housing Finance is the fresh addition in its portfolio as it is a value play (1.0x PBV) supported by pick up in home loan demand, and builder NPL resolutions
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.
D-Street is counting on key reforms in the Budget that could push growth and kicks tart the capex cycle in the economy.
Buy on dips could continue to be a prudent strategy until the level of 12,800 holds.
Prabhudas Lilladher believes that current uncertainty is a passing phase and return to normalcy will result in several beaten down segments bouncing back strongly from FY22.
While the road ahead looks brighter, analysts and brokerages advise being prudent while picking stocks.