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 17,300 level is expected to act as a crucial support, followed by the recent swing low of 17,250 and, if the said levels get broken, then there could be correction up to the 17,000 mark
Mrs Bectors Food Specialities is currently trading at 52 week high which tells that the stock already is in strong momentum.
Tata Steel has given a strong breakout from multiple resistance zones with a sharp surge in volumes. The momentum indicator RSI (relative strength index) has given a positive crossover and surpassed the level of 60, which confirms the buy signal.
IRB Infrastructure Developers shares gained 8 percent to end at record closing high of Rs 314 and formed strong bullish candle on the daily scale with healthy volumes, making higher high higher low for second consecutive session.
In the truncated week beginning today, the index may march towards its last week's high of 18,178, followed by 18,350 (the high of 2022). If the index manages to sustain these levels, then a record high of 18,604 can't be ruled out with strong support at 18,000-17,900 levels
The trend seems to be reversing for the IT sector as HCL Tech & Infosys see maximum upgrades in the past one month while HUL and Tata Motors were the top stocks to witness maximum downgrades
Pent-up demand continues to propel auto stocks, while rising interest rates auger well for financials. However, the anticipated global slowdown is spoiling the party for IT and metal companies
The recent low of 15,671 is not far from the current levels now and the moment we slide below it, it will create a panic kind of situation in the market. Below this, 15,350-15,200 are the next levels to watch out for, says Sameet Chavan of Angel One
Here are nine picks (mix of largecap, midcap, and smallcap) suggested by the market experts and portfolio managers that can be added to your portfolio to gain healthy returns by next Holi.
Experts expect some consolidation in the key indices and adjustments to continue in individual stocks. For the week ahead, in case of a consolidation, one should focus on stock-specific moves, which will provide excellent trading opportunities, they said.
The total market capitalisation of the listed entities of the group has risen by 199 percent in the five-year period starting February 2017 to Rs 23.8 lakh crore, making it the highest valued Indian conglomerate, data from AceEquity showed
Here's what Mazhar Mohammad of Chartviewindia.in recommends investors should do with these stocks when the market resumes trading today
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.
Trade Spotlight | Here's what Mazhar Mohammad of Chartviewindia.in recommends investors should do with these stocks when the market resumes trading today.
The Nifty has resistance in the 18,270-18,330 zone whereas the support lies at 17,900 mark, says Malay Thakkar of GEPL Capital.
Here's what Vikas Jain of Reliance Securities recommends investors should do with these stocks when the market resumes trading today
If Nifty breaks the 15,920 level, then it may witness a major breakout which will help them cross the 16,100 level, said Rohan Patil of Bonanza Portfolio
On the weekly timeframe, the Nifty has been moving in a range of 15,430–15,915 for the last few weeks which indicates the momentum of the market has slowed down but there is still no sign of trend reversal, said Vidnyan Sawant of GEPL Capital.
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.
The recent rally in some steel stocks has raised the concerns of peak valuations, but brokerages find it in line with their long-term historic mean.
Nifty has formed outside bar formation on the weekly chart and traded in the zone of 14,300-14,750 during the last few days.
The extrapolated moves may even take Nifty to the next level of 13,769 which is 127.2 percent retracement of earlier fall from 12,430 to 7,511.
Post Q2FY21, ICICI Direct marginally revised its FY21-22 estimates and introduce FY23 estimated numbers. Going forward, it expects Nifty earnings to grow at 17.5 percent CAGR in FY20-23.