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
Overall, the market is in a sideways mode, we feel that the Nifty will move in range of 17,185–17,842 in the coming days, said Vidnyan Sawant of GEPL Capital
SRF has seen consolidation between Rs 2,700 and Rs 2,000 odd levels for the last six months and formed a base for the next leg of rally. Now it is showing a breakout on upside.
Traders can look to trade with a positive bias and buy Reliance Industries in the range of Rs 2,460-2,450 for a potential target of Rs 2,600 in the near term. One should place a stop-loss below Rs 2,380 on long positions
Investors should focus on the domestic economy-facing sectors like capital goods, infrastructure, real estate and banking. In the near term, they are betting on metals, IT and pharma
Reliance retained its position as the biggest wealth creator for the third year in a row, with a 13.6% share of the total wealth created during 2016-21, according to a study by Motilal Oswal
Reliance Industries was the biggest Nifty gainer on November 25, rallying 6.02 percent, Chambal Fertilisers and Chemicals gained 5.42 percent and Torrent Pharmaceuticals was up 6.14 percent
Any sustainable move above 17,600 levels may cause an upside momentum towards 17,700-17,800 levels, says Rajesh Palviya of Axis Securities.
We believe, the Nifty will be rangebound between 18,200 and 17,600, said Vidnyan Sawant of GEPL Capital
Going ahead, since the market is a bit oversold, we may see some relief move in between, but traders should not get carried away by such rebounds, said Sameet Chavan of Angel One
Here's what Vikas Jain of Reliance Securities recommends investors should do with these stocks when the market resumes trading today.
We advise investors to book partial profits if their targets have been met, said Rahul Sharma of Equity99
Expectations of government support for telecom companies ahead of a cabinet meeting drove gains in the stocks
"The key support levels for Nifty for the short term are 16,722 (gap support) and 16,376 (three-week low)," said Vidnyan Sawant of GEPL Capital.
Production and consumption of petroleum products has increased steadily in India over the decades, a trend that’s expected to continue.
Support for Nifty is placed near 15,400–15,350 levels while resistance is near 15,800.
IIFL Securities sees the improving outlook for each business segment, value unlocking in the oil-to-chemicals business and inorganic growth initiatives as the three key drivers for the stock.
Given the expected strong momentum, experts advise top 14 stock picks that are available at attractive valuations now
Nifty has formed outside bar formation on the weekly chart and traded in the zone of 14,300-14,750 during the last few days.
India VIX, after facing a stiff resistance near 25.50 levels, has closed below 22 levels, drifting six percent lower for almost two consecutive days.
Whenever the price candle is near the resistance line standing at around Rs 2,170, a systematic method of booking profits can be used.
Ajanta Pharma, Alembic Pharma, Astral Poly Tech, AU Small Finance and Bajaj Finance are among the 'potential 25 wealth creators for the next 25 years', the brokerage firm says.
Today the bank is valued at Rs 6.7 lakh crore in terms market capitalisation, which increased from just Rs 440 crore in 1995.
The immediate requisite for unlocking the directional momentum play would be a definitive close above 11,950-12,065 zone.
Nifty is trading above all important moving averages 20/50/200 DMA indicating price action is in favour of bulls.
Long-term investors should pick their favourite mid and smallcap shares gradually over the next few months, experts say.