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
Moneycontrol collated a list of 9 budget-sensitive stocks from experts that can provide better returns in the short term.
The rangebound trade may continue until the frontline indices decisively break Monday's high. Below are some trading ideas for the near term.
The market is expected to remain rangebound with a positive bias in the upcoming sessions. Below are some trading ideas for the near term.
The market is expected to sustain its downtrend amid consolidation, with a "sell on rally" strategy. Below are some trading ideas for the near term.
The Nifty 50 is expected to maintain its upward momentum, supported by a fall in volatility. Below are some trading ideas for the near term.
Experts foresee a rebound with resistance at 19,300-19,400 levels, followed by 19,500 levels in the coming session. In case the index breaks 19,200, then the correction can be seen up to the 19,000 mark
Ruchit Jain of Angel Broking advises buying PG Electroplast with a target of Rs 490.
Vishal Malkan of malkansview.com is of the view that one may buy Hexaware Technologies with a target of Rs 375.
Vijay Chopra of enochventures.com advises buying BF Utilities with a target of Rs 550.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
PG Electroplast may slip to Rs 400, says SP Tulsian of sptulsian.com.