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
Given the cautious sentiment signaled by momentum indicators, the market may continue consolidating for a few more days. Below are some short-term trading ideas to consider.
The market is expected to consolidate further before entering a firm directional move. Below are some short-term trading ideas to consider.
The market is likely to trade with a negative bias amid ongoing consolidation. Below are some trading ideas for the near term.
Experts see less chance of a major correction, with the Nifty likely to take support in the 24,200-24,000 zone, whereas 24,800-25,000 may act as a resistance area. Here are some trading ideas for the near term.
The view will remain bullish till Nifty 50 trades above 20-DMA around 21,650. Above 22,125, we can expect fresh bullish momentum towards 22,300/22,500 levels.
Traders are advised to avoid complacent long bets and ideally, any bounce towards 22,000 - 22,100 should be considered to exit long positions.
It seems that the Nifty Index is currently in a positive trend and has the potential to move towards the 19,991 levels in the short to medium term.
Latent View Analytics has seen robust trading volumes, leading it to surge above all its significant exponential moving averages on the daily time-frame
The last week's low point of 19,250 is expected to be crucial this week as well. A breach of this level may pull down the index up to the psychological 19,000 mark, whereas on the higher side, 19,400-19,500 can be critical hurdles, experts said
Analysts say the company has huge growth potential, with a stable and recurring revenue model