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 consolidation is expected to continue until the Nifty 50 delivers a strong close above the midline of the Bollinger Bands. Below are some short-term trading ideas to consider.
The market is expected to consolidate further amid caution ahead of tariffs announcements by Donald Trump. Below are some trading ideas for the near term.
Given that the VIX is above 21 and the Put-Call Ratio (PCR) for NIFTY is over 1.35, it is advisable for traders to start booking profits and avoid this final segment of the election rally.
The 23,000 level is expected to play a key role in the Nifty's further direction, and sustaining this level can take the index towards the upper band of the Rising Channel (i.e., 23,100-23,200), followed by 23,500, with support at 22,800.
Sumitomo Chemical India share price climbed more than 6 percent to end at record closing high of Rs 524 and formed strong bullish candlestick pattern on the daily charts, engulfing previous six days' negative candle, with above average volumes. It has seen a breakout of long upward sloping resistance trend line adjoining July 15, 2021 and July 12, 2022.
Jash Engineering is in strong bullish momentum and outperforming the broader market. It took support at 50-DMA after a pullback and now it is witnessing a breakout of bullish flag formation to resume its bullish momentum where Rs 780 looks an immediate target.
What a fantastic setup we are having in Rail Industries, precise Bullish Butterfly pattern on daily chart with pair of spinning bottom near potential reversal zone of Rs 165-170.
The market can expect more earnings upgrades if the strong corporate earnings reported in the March quarter are followed by quick winding of restrictions in various states and faster revival of the economy.
While midcap stocks tend to see more volatility versus Nifty50, over a longer term they tend to deliver stronger returns and this theme is expected to play out going ahead, Nirali Shah said.
Buy on dips could continue to be a prudent strategy until the level of 12,800 holds.
RSI has cooled off in the last week by retracing the 65-mark from the overbought zone on the daily time frame and has the potential to touch the previous swing high.
Experts and analysts expect a change in market leadership in the post-COVID world in which telecom, healthcare, speciality chemicals, and rural consumers may dominate other sectors.
Majority of experts started advising clients to accumulate quality stocks in a gradual manner with a long term view