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
After making a low at Rs 1,456, L&T is forming higher top higher bottom formation on all the time frames like daily, weekly & monthly indicating positive undertone of the stock for the short to medium term.
State Bank of India is on the verge of a breakout from a symmetrical triangle pattern on the daily chart with good base formation on the lower end. The stock has surpassed its previous swing high with higher high and higher low formations intact.
We have collated a list of rate-sensitive stocks that experts say can give 6-20 percent return over the next 3-4 weeks. Returns are calculated based on the closing price of June 7:
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
Commodities will be the biggest gainers and as long as the geopolitical heat continues, it will be the dominating market theme, Axis Securities said.
ICICI Direct says the market correction is an opportunity for investors to add companies with sustainable growth visibility
With the possibility of escalation in tensions in Eastern Europe due to the Russia-Ukraine war keeping investors edgy, the brokerage firm says healthy earnings visibility can act as a cushion
RBI Monetary Policy | Governor Shaktikanta Das said continued policy support is warranted for a durable and broad-based recovery and efforts will be made to limit disruptions to economic activity
The biggest beneficiaries would be the infrastructure segment, capital goods, real estate, railways, power, fintech, agriculture, defence and banks, say experts. One of them said the Budget will be negative for the entire PSU and PSU bank space since there were no major announcements on divestments.
The index shows initial signs of bottoming out near 17,000 mark and could give a pullback towards 17,450-17,776 levels. On the flip side, if it breaks below 16,836 then it can move lower towards 16,600–16,410 levels
Technically, 16,800 is long-term trendline support and a previous demand zone while 200-DMA (daily moving average) is placed around 16,600 level, therefore we can expect a pullback rally from here.
The Nifty is placed very close to the support zone (17,550-17,650) and is also very oversold on the shorter time frame. Thus in the sessions to come we might see the index consolidate between the 18,000-17,550
Here's what Karan Pai of GEPL Capital, recommends investors should do with these stocks when the market resumes trading today.
HDFC twins and SBI are among the list of stocks being presented by three experts. They also explain why technical indicators are favouring these stocks.
A sustainable move below 17,700 (which seems likely) would activate the pattern and as a result of this, we could see a fresh leg of correction in coming days, says Sameet Chavan of Angel One.
Experts advise investors to stay light and avoid bottom-fishing for a while as the market is a bit oversold
Here's what Gaurav Sharma of Globe Capital Markets recommends investors should do with these stocks when the market resumes trading today
While a status quo on rates was expected, the equity market cheered the continuity in the monetary policy stance of the RBI MPC.
Be light on positions, keep strict stop-loss orders, and book profits at regular intervals, advise experts. “It's always better to be safe than sorry,” says one analyst. In the meantime, they present a list of 10 stocks that you can consider.
The country's largest lender State Bank of India is one of the top picks in the PSU banking space, which experts say can beat private banks
Since Nifty is trading in uncharted territory, Fibonacci extensions suggest 16,500 will be the next resistance for the index, said Rohan Patil of Bonanza Portfolio
The second wave of the coronavirus is the main reason why most banking stocks failed to carry forward the healthy Q4FY21 numbers. With economic activity picking in June, business growth is expected to improve from the second half of FY22, say experts
Given the expected strong momentum, experts advise top 14 stock picks that are available at attractive valuations now
Strong corporate earnings and hopes that declining COVID-19 cases will prompt states to ease lockdowns have buoyed the market sentiment amid concerns of vaccine scarcity and downgrades of India’s growth outlook.
After a bull run in FY21, the new fiscal year has begun with some uncertainty because of the second wave of COVID-19 and higher commodity prices but analysts remain optimistic about economic growth and corporate earnings, making several stocks very attractive.