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
With the continuous nine-day winning streak, the support level continues to shift higher as we now see immediate support in the zone of 17,700 - 17,600; whereas 200-SMA around 17,500 is likely to act as a sacrosanct level
The Nifty50 is expected to trade within the range of 17,300-17,800 in the short term, and if it decisively gives a close above the upper band of the said range, then there could be a move towards the psychological 18,000 mark, experts said
Ramco System has started to diverge positively from May 2022. It is too early to say, but technically, we think the stock is on the verge of reversing its bearish trend.
Nandish Shah of HDFC Securities believes that short term trend of the Nifty turned negative and, therefore, advises investors to remain cautious till it closes above 17,900.
Gaurav Dua of Sharekhan expects double-digit returns in CY2021 through with some hurdles in the journey.
The most noted point after September quarter earnings season was that more than 100 stocks witnessed upgrade in rating to buy from brokerages.
Ajit Mishra, VP - Research at Religare Broking expects stock specific activity will be on a higher side in coming days.
The market reacted on positive global cues including likeliness of phase one of the trade deal between US-China as well as UK election outcome, despite weak macroeconomic data.
Axis Securities expects the upcoming year to be good for equity investments, especially the midcaps, following the aggressive roadmap of reforms undertaken by the government treading fiscal prudence path.
We would suggest investors to have a look at Pharma MNCs and Private Insurance Companies at the current moment.
The major reason that experts are expecting a sharp correction in broader markets is stretched valuations as the Nifty Midcap shot up 47 percent and BSE Smallcap index rallied 60 percent in 2017.
SIS, HPCL and Heritage Foods, among others, being tracked by analysts on Tuesday.
Equities as an asset class generated more interest last month as benchmark indices hit fresh record highs. But, there was also plenty of stock specific action.