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
Despite weak market breadth, the market is expected to remain bullish, supported by healthy momentum and strong technical indicators. Below are some short-term trading ideas to consider.
Overall, the trend remains favourable for bulls, despite the likelihood of intermittent consolidation. Below are some short-term trading ideas to consider.
The market may see some consolidation before gaining further strength toward the 20-day EMA. Below are some trading ideas for the near term.
Given the weak sentiment, the benchmark indices may extend their southward journey in the upcoming session. Below are some trading ideas for the near term.
The benchmark indices may sustain the negative trend, with focus on the outcome of the two-day Federal Reserve policy meeting, which is due on December 18. Below are some trading ideas for the near term.
The market is expected to remain consolidative with a negative bias. Below are some trading ideas for the near term.
The market is likely to maintain its upward rally, albeit with consolidation and volatility in the coming sessions. Here are some trading ideas for the near term.
The market may consolidate before showing further upward movement in the coming sessions. Below are some trading ideas for the near term.
The market is likely to maintain its upward journey amid intermittent consolidation. Here are some trading ideas for the near term.
If the Nifty 50 fails to maintain support at 21,930, then it could exacerbate panic in the market. On the higher end, resistance for the short term is positioned at 22,400.
Tata Power Company has formed strong bullish candlestick pattern on the daily timeframe with healthy volumes. The stock traded well above all key moving averages and is very close to its last swing high seen in September this year.
The stronger bullish momentum on the Nifty50 can be only witnessed above 19,750-19,850-zone.
The psychological mark of 20,000 that was just missed last week remains an immediate hurdle, followed by the golden retracement target of 20,100 – 20,200
This week, 18,650-18,700 is expected to be a crucial hurdle and, if the index decisively surpasses this area, then 18,800-19,000 levels can't be ruled out
Olectra Greentech which surged more than 19 percent to Rs 480, the highest closing level in last one month, and formed strong bullish candle on the daily scale with significantly higher volumes, continuing uptrend for second straight session after taking support at low of September 21, 2021 in previous session.
The momentum is intact and the Friday's correction is on expected lines given the consistent uptrend in the past. Hence, once the current consolidation ends, the Nifty50 is expected to resume upward journey once again towards 18,900-19,000 levels in coming days, with crucial supports at 18,500-18,300, 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.
SPIC showed tremendous resilience in the recent broader market destruction and now when things have started to stabilize a bit, this counter showed its dominance by giving a massive upsurge to come of its congestion zone.
Here's what Shrikant Chouhan of Kotak Securities recommends investors should do with these stocks when the market resumes trading today.
Here's what Mehul Kothari of Anand Rathi Shares & Stock Brokers, recommends what investors should do with these stocks when the market resumes trading today.
The Nifty50 is rising above its short and medium-term moving averages which is a positive sign and the participation from largecap counters is what gives confidence to investors.
Here's what Shrikant Chouhan of Kotak Securities recommends investors should do with these stocks when the market resumes trading today.
Here's what Mazhar Mohammad of Chartviewindia.in, recommends investors should do with these stocks when the market resumes trading today.
As the economy finds its feet again, stocks that were affected the most such as those in contact intensive sectors such as hospitality, tourism and entertainment will get back in favour
Support for Nifty is placed at 15,050 while resistance is near 15,430 (all-time high).