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 consolidate after two days of gains, as the VIX signals caution for bulls. Below are some short-term trading ideas to consider.
Stocks to Watch, 03 Feb: Stocks like UPL, PB Fintech, Awfis Space Solutions, Thermax, Indus Towers, Paradeep Phosphates, Akzo Nobel India, Aarti Industries, Chalet Hotels, Honeywell Automation India, PG Electroplast, and Aditya Birla Lifestyle Brands will be in focus on February 3.
The market is expected to remain rangebound and consolidative in the upcoming sessions. Below are some short-term trading ideas to consider.
The market is expected to see more weakness in the upcoming sessions, given the dismal global cues. Below are some trading ideas for the near term.
The Nifty 50 is expected to consolidate with a positive bias as long as it defends the rising support trendline. Below are some trading ideas for the near term.
The market is expected to be volatile and rangebound in the upcoming sessions, supported by an upward-sloping trendline. Below are some trading ideas for the near term.
Given the weak sentiment, the market may extend its downward journey in the upcoming sessions. Below are some trading ideas for the near term.
Axis Bank traded above all key moving averages and is very close to its downward sloping resistance trendline adjoining highs of December 13, 2023 and January 8, 2024, which is crucial for further upward move towards record high.
Till the time the Nifty does not surpass the 19,550 – 19,600 level on a closing basis, one should avoid being complacent and ideally, it’s better to avoid aggressive trades, according to experts
One should get worried till the Nifty holds these levels in coming sessions, experts said.