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 see consolidation following the failure of the US-Iran talks to reach an agreement. Below are some short-term trading ideas to consider.
Consolidation with range-bound trading may continue for a couple of more sessions before the market regains strength. Below are some short-term trading ideas to consider.
Consolidation and range-bound trading may continue until the market delivers a strong close above the falling resistance trendline. Below are some short-term trading ideas to consider.
The market is expected to consolidate with a negative bias in the upcoming sessions. Below are some short-term trading ideas to consider.
Consolidation is expected to continue in the market due to a lack of triggers. Below are some short-term trading ideas to consider.
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.