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 positive momentum is expected to persist in the upcoming sessions, despite potential consolidation. Below are some trading ideas for the near term.
The benchmark indices are expected to consolidate further until a decisive close above short-term moving averages. Below are some trading ideas for the near term.
Rangebound trading is expected to continue in the upcoming sessions amid elevated volatility. Below are some trading ideas for the near term.
The Nifty 50 may see a minor rebound after the significant fall, but overall, the trend remains weak. Below are some trading ideas for the near term.
A move above 21,800 can lead to a short-covering move towards 22,000 and 22,200 levels on the Nifty 50.
The 18,350-18,400 levels are expected to act as a strong support zone and if held in the forthcoming week, the Nifty will start moving towards 19,000 levels, according to experts
JSW Steel was also in action and was the biggest gainer in the Nifty50, rising 5.5 percent to Rs 680 on Thursday on top of 3 percent gains in previous two trading sessions. The stock has seen formation of strong bullish candle on the daily charts with healthy volumes.
ONGC has seen a decent correction from the highs in last couple of months as the crude Oil prices have cooled off from their highs. However, the prices are now showing signs of some pullback move as it has given a breakout from a trendline resistance.
Federal Bank, ICICI Pru Life Insurance, Oberoi Realty among the stocks. With the Sensex and the Nifty reversing losses after the RBI decision, experts say the Nifty’s next stop could be 17,800. Banking and financial services, FMCG, IT, metal and pharma stocks supported the market.
Varun Beverages is witnessing a breakout of Bullish Flag formation to resume its classical uptrend. It is respecting its 20-DMA placed at Rs 735
Phoenix Mills is outperforming the Nifty Realty index where it is on the verge of a breakout of a critical hurdle of Rs 1,150 that may lead to further strength towards Rs 1,250-1,300 zone.
Conflation of several factors such as improving sales, market share gains and rising real estate prices augurs well for listed real estate developers.
Following the rally over the past one month, experts suggest that investors book timely profits and avoid aggressive buying. According to them, the next resistance on the Nifty 50 is expected at 18,000, with support at 17,600.
Mid and smallcaps may cool off a little but this opportunity should be used to add quality stocks to your portfolio as the long-term market outlook is bullish, says experts
Investors with a higher appetite for risk should only venture in this sector given that it is cyclical and the companies do carry some amount of leverage, said an expert
Neeraj Chadawar of Axis Securities believes that the equity will continue to trade on higher multiples for some more time.
The broader markets also traded in line with benchmark indices as the BSE Midcap index gained 35 percent and Smallcap index rose 40 percent.
There is consolidation on in the residential space, end-users will continue to gravitate towards affordable and mid-income housing launches of large, organised developers.
Rusmik Oza said a 5-6 percent correction from the peak levels could be a healthy one for the long-term market sentiment.
A stable move above 12,000 levels will invalidate resistance and it will strengthen the index to record new life-time-high till 12,300 odd levels.
A lot of stocks have shown double digit growth in the last few sessions but it is never too late to invest, provided it is done after a thorough research.
Crude oil prices and rupee movement amid trade tension between US-China and US-Iran are likely to keep markets volatile, an expert said
In the last week, the S&P BSE Midcap index shed 0.57 percent, Smallcap Index fell 1.55 percent, while S&P BSE Largecap Index was up 0.84 percent in the week gone by.
Macquarie recommends moving their stance from large-caps to mid-caps, and on the sectoral front, it prefers moving from defensives to cyclicals. Real estate and its derivate sectors are likely to outperform in 2019.
Phoenix Mills has two under construction assets at Pune, Chennai with GLA of 1.12 msf and plans to develop commercial asset at PMC Hebbal with GLA of 0.65 msf.