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
Momentum is expected to drive the rally further in the equity markets. Below are some short-term trading ideas to consider.
The market is expected to remain cautious and continue consolidating in the upcoming sessions. Below are some short-term trading ideas to consider.
The market may attempt a rebound amid likely range-bound trading in the upcoming session, but the sustainability is the key watch. Below are some short-term trading ideas to consider.
The market is expected to continue consolidating within last Friday's trading range. Below are some short-term trading ideas to consider.
The market is expected to witness a healthy rally in the upcoming session after Trump announced a 90-day pause on tariffs for all countries except China (which remains subject to a 145% tariff rate), though uncertainties persist. Below are some trading ideas for the near term.
Overall, the sentiment remains in favour of bulls despite Wednesday's consolidation. Below are some trading ideas for the near 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 market may extend the downtrend if it breaks the 10-day EMA (Exponential Moving Average) amid likely consolidation, while the VIX in the lower zone supports bulls. Below are some trading ideas for the near term.
The market may consolidate until decisively climbing above short-term moving averages in the upcoming sessions. Below are some trading ideas for the near term.
The market may climb further amid consolidation, but it is unlikely to break Monday's low soon. Below are some trading ideas for the near term.
The Nifty 50 is likely to hit 24,100-24,200 at the start of the July series, provided it holds 24,000. However, failure to do so can drag it towards 23,800. Here are some trading ideas for the near term.
The market is expected to be driven by stock-specific actions in the coming days. Short-term traders may focus primarily on large-cap stocks and should avoid small-caps.
The trend is likely to remain positive as long as the Nifty 50 stays above 22,000.
The Nifty 50 is expected to take a support at 22,050-22,000, with immediate resistance at 22,350.
Considering the overall chart structure, there is an anticipation of short-term rangebound sentiments.
With decisively surpassing previous record highs and making higher highs, higher lows formation along with healthy volumes on daily charts last week, the Nifty50 is likely to march further northward with eyeing 20,400-20,500 zone.
The paper stocks were buzzing last week as we witnessed buying interest in some of the counters with good volumes. Satia Industries has seen a breakout from a long consolidation phase and has resumed its uptrend with a ‘Higher Top Higher Bottom’ structure
While in the correction post December 2021, the stock did not get into the lower low, lower high formation which shows the bullish undertone of Bajaj Holdings & Investment. The stock in the latest week have given a breakout from the Rounding Bottom pattern, which tells the beginning of the trend on the upside.
The Nifty50 index is now more than 18 percent up from its June lows and is gradually gathering steam to reclaim 18,000 mark with crucial support at 17,500, experts said
Radico Khaitan was also in focus, rising 4.5 percent to Rs 1,066.6 and forming bullish candle on the daily charts with double the average volumes. The candle has also seen a breakout of long downward sloping resistance trendline adjoining January 1 and August 25 this year.
Shitij Gandhi of SMC Global Securities expects markets to remain under pressure in upcoming sessions as well and likely to trade on volatile path.
Some private hospital stocks that can be in focus today include Apollo Hospitals, Fortis Healthcare, Max Healthcare Institute, Narayana Hrudayalaya, Shalby
Gaurav Dua of Sharekhan expects double-digit returns in CY2021 through with some hurdles in the journey.