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 is expected to be rangebound with a positive bias. Below are some short-term trading ideas to consider.
The market is expected to remain cautious and continue consolidating in the upcoming sessions. Below are some short-term trading ideas to consider.
The market may attempt to continue its upward journey amid rangebound trading in the upcoming sessions. 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.
The market may extend its northward journey, but elevated volatility may keep bulls cautious. Below are some trading ideas for the near term.
The market may remain rangebound over the next few sessions, but the overall trend remains bullish. Below are some trading ideas for the near term.
The bearish sentiment may persist, but there could be a potential rebound as the indices are in the oversold zone. Below are some trading ideas for the near term.
The market is expected to be rangebound as long as it defends last week’s low in the upcoming sessions. Below are some trading ideas for the near term.
The consolidation and rangebound movement are expected to continue, given that volatility has risen to over an 11-week high. Below are some trading ideas for the near term.
If the Nifty50 decisively holds 19,500 as well as moved above the falling resistance trendline, then the index can start marching towards the high of October at 19,850
For the Nifty50, a critical support zone is observed around 18,600, represented by the long-term 200SMA.
A long position in the index near the support zone is advisable, with potential for an upward move towards 20,000 and 20,222 levels.
Mastek rose 6 percent to Rs 1,888, the highest closing level since September 13 last year, and formed long bullish candlestick pattern on the daily charts, with above average volumes. The stock has seen a decisive Mother candle breakout on the higher side on Friday, indicating potential continuation in the uptrend.
Sameet believes traders can find ample opportunities in the beaten spaces and for investors, this decline would provide opportunity to accumulate quality stocks in a staggered manner.
From the second week of October 21, momentum oscillator RSI (relative strength index - 14) is reading in a 'lower low lower high' formation on the weekly timeframe which indicates a lack of momentum in the current trend.
Here's what Rajesh Palviya of Axis Securities, recommends investors should do with these stocks when the market resumes trading today.
Here is what Mazhar Mohammad of chartviewindia.in, recommends investors should do with these stocks when the market resumes trading on October 27.
Traders should expect stock-specific action in the upcoming sessions rather than any sharp upside in the benchmark index
Now, 15,000 Call strike holds the maximum open interest of nearly 43 lakh shares which should act as an immediate strong hurdle for the Nifty.
There are expectations that railways will get higher allocation as the COVID-19 pandemic dealt a severe blow to the sector's revenue in the current financial year.
The focus now will be on the third-quarter results for FY21 starting from this week and we could see individual price performance with respect to the outcome and guidance from the companies.
The eastern market may come under severe pressure as the total capacity of around 8 MTPA is expected to be commissioned in 2021.
Banking and finance carry more than 40 percent weight in the Nifty and that is why we should not expect bigger performance divergence between them.
The most noted point after September quarter earnings season was that more than 100 stocks witnessed upgrade in rating to buy from brokerages.
The broader structure remains weak as the banking index is underperforming Nifty while trading below its major averages.