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 trend is likely to be upward despite consolidation (if any), as frontline indices now trade above all key moving averages. Below are some short-term trading ideas to consider.
 
                                                                                            The market may consolidate further with a negative bias. Below are some short-term trading ideas to consider.
 
                                                                                            The market may extend its rally if it decisively clears the previous week’s high in the upcoming sessions. Below are some short-term trading ideas to consider.
 
                                                                                            Given the weak sentiment, the benchmark indices may extend their southward journey in the upcoming session. Below are some trading ideas for the near term.
 
                                                                                            Brigade Enterprises, Hindustan Petroleum Corporation, Cholamandalam Investment and Finance Company, Britannia Industries, and Whirlpool of India will also be in focus on August 30.
 
                                                                                            The uptrend in the markets is likely to continue in the coming sessions, albeit with consolidation. Below are some trading ideas for the near term.
 
                                                                                            The Nifty 50 is likely to extend losses, with a downside target towards 23,600. On the NSE, 2,209 shares declined, while 192 shares advanced. Here are some trading ideas for the near term.
 
                                                                                            The market is likely to remain in positive territory amid consolidation in the coming sessions. Here are some trading ideas for the near term.
 
                                                                                             
                                                                                            Overall, the Nifty 50 will remain in a consolidation mode as long as it stays below 22,100 mark, experts said, adding the index is likely to take support at 21,500 level.
 
                                                                                            Traders are advised to maintain a cautious approach with regards to long positions.
 
                                                                                            Cummins India continued uptrend for second consecutive session. The stock has formed healthy bullish candlestick pattern on the daily scale with above average volumes and traded above all key moving averages.
 
                                                                                            Despite a positive undertone, the market appears to be in a corridor of uncertainty, and trading within the mentioned broad range is expected in the truncated week ahead of the next calendar year.
 
                                                                                            Tanla Platforms has given a breakout of falling resistance trendline as well as seen a consolidation breakout on Wednesday. The stock formed long bullish candlestick pattern with strong volumes, trading above all key moving averages.
 
                                                                                            Recently Wipro has seen bullish divergence on a daily scale, the price was making lower lows, but RSI (relative strength index) was making higher lows.
 
                                                                                            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
 
                                                                                            Consensus earnings estimate for large-cap IT companies have been cut by 3-8 percent for the current financial year and 2-7 percent for the next financial year following the June quarter earnings season
 
                                                                                            Considering the positive placement of ‘RSI-Smoothened’ oscillator, we expect Wipro to convincing surpass immediate hurdles. One can look to buy for a near term target of Rs 498.
 
                                                                                            The relatively strong growth guidance given by IT companies for 2022-23 have now come under threat, given the apprehension of the US economy slipping into recession later this year
 
                                                                                            ITC has shown a relative outperformance within the FMCG space in last few weeks. In spite of the market correction in last week, this stock has managed to give positive returns and the '20 DEMA' has been acting as a support
 
                                                                                            Wipro has broken out of a rectangle pattern at Rs 602 levels on March 17 and the prices have registered a decisive breakout that suggests a change in the trend from sideways to upside. Stock is trading above its 21 & 50 - day exponential moving averages on the daily time frame, which is positive for the prices in the near term.
 
                                                                                            IT stocks had seen a sharp correction from highs before recent recovery. The Nifty IT index fell 18 odd percent during January 4-February 24 but has gained 10 percent since.
 
                                                                                            Indicators and oscillators like directional movement index (DMI), RSI and moving average convergence divergence (MACD) have given fresh buy signal in Wipro on the short term charts.
 
                                                                                            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.
 
                                                                                            In the current fall, from an investor's point of view, this is certainly an excellent opportunity to bag quality stocks in a staggered manner but for traders, it will be difficult to say that worse is behind, says Sameet Chavan of Angel One