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 may continue its upward journey amid likely consolidation. Below are some trading ideas for the near term.
The market is expected to maintain an upward bias amid likely consolidation, with a focus on the outcome of the RBI monetary policy meeting. Below are some trading ideas for the near term.
While there may be some consolidation after the sharp run-up over the last two days, the overall trend seems to have turned in favour of the bulls. 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.
HDFC AMC surged 11.5 percent to Rs 2,181, the highest closing since April 18, and formed large bullish candlestick pattern which resembles Bullish Engulfing kind of pattern formation on the daily charts with robust volumes. The stock has strongly broken out four-month long downward sloping resistance trendline adjoining April 4 and August 3.
On daily and weekly charts, Skipper has formed double bottom formation. Post short term correction, the stock took the support near Rs 55 and bounced back sharply.
Here's what Mazhar Mohammad of Chartviewindia.in recommends investors should do with these stocks when the market resumes trading today
Experts expect the rally to continue going forward, but volatility may increase as we are moving closer to state and general elections
There was a lot of stock specific action in the small, mid and largecaps which kept traders busy in last week.
CA Rudramurthy BV of Vachana Investments is of the view that one may hold Skipper.
Prakash Diwan of Altamount Capital Management is of the view that one may prefer Skipper.