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 market is expected to stay positive, albeit volatile, as participants monitor developments related to potential US–Iran peace talks. Below are some short-term trading ideas to consider.
Hopes of Iran war de-escalation may drive a sharp market rebound in the upcoming session. Below are some short-term trading ideas to consider.
The market may see consolidation until it closes above the bearish gap of February 13. Below are some short-term trading ideas to consider.
Stocks to Watch, 9 January: Stocks like Elecon Engineering Company, Bajaj Finserv, Bharat Forge, Astra Microwave Products, Waaree Renewable Technologies, Andhra Cements, Rail Vikas Nigam, Devyani International, Bharat Electronics, Bharat Heavy Electricals, Power Grid Corporation of India, and Highway Infrastructure will be in focus on January 9.
The frontline indices are expected to continue trading within the previous week's range. Below are some short-term trading ideas to consider.
The benchmark indices are expected to consolidate further. Below are some short-term trading ideas to consider.
The mood on Dalal Street is likely to remain optimistic in the upcoming sessions. Below are some trading ideas for the near term.
The bearish sentiment is expected to continue, as the market traded well below all key moving averages (10-20-50-100 EMAs). 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.
HDFC AMC recorded more than 3 percent gains to Rs 3,894.65, which is near the record closing high of Rs 3,903.85 of February 27 this year. The stock has formed bullish candlestick pattern on the daily charts with significantly higher volumes.
On the higher end, the resistance is placed at 21,900-22,000 for the Nifty 50.
A decisive move above 21,500 could potentially trigger a significant rally in the Nifty 50.
Technically, Nifty's daily chart showcases a bullish candle supported by a positive weekly candle.
IDFC First Bank has seen a horizontal resistance trendline breakout adjoining multiple resistance points. The stock has formed bullish candlestick pattern with upper shadow on the daily charts, with above average volumes.
KPIT Technologies has demonstrated its ability to maintain a position above the crucial moving average, indicating an ongoing bullish trend.