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
For the coming sessions, Nifty should take a breather and hold in the range of 11,850-12,050 after witnessing highly volatile moves from the last few days.
Sudarshan Sukhani of s2analytics.com recommends buying Berger Paints with stop loss at Rs 540 and target of Rs 560 and Castrol India with stop loss at Rs 134 and target of Rs 146.
A major theme for 2019 was corporate governance and companies with a good, clean management were rewarded handsomely by the markets – a theme which may well continue in 2020 as well.
Sudarshan Sukhani of s2analytics.com recommends buying Larsen & Toubro with stop loss of Rs 1315 and target of Rs 1367 and TCS with stop loss of Rs 2150 and target of Rs 2275.
Sudarshan Sukhani of s2analytics.com advises buying Asian Paint with stop loss at Rs 1,760 and target of Rs 1,820.
Ashwani Gujral of ashwanigujral.com recommends buying Escorts with a stop loss of Rs 658, target of Rs 680, JSW Steel with a stop loss of Rs 262, target of Rs 278 and Asian Paints with a stop loss of Rs 1730, target of Rs 1775.
Ashwani Gujral of ashwanigujral.com recommends buying Axis Bank with a stop loss of Rs 728, target of Rs 750, HDFC with a stop loss of Rs 2200, target of Rs 2310 and State Bank of India with a stop loss of Rs 310, target of Rs 334.
Mitesh Thakkar of Miteshthakkar.com advises selling Power Grid with stop loss at Rs 196.5 and target of Rs 188.
VK Vijaykumar of Geojit Financial Service feels the proposed AIF is better than the earlier one since this also includes projects referred to NCLT.
The new short term base is now emerging at 11,700 level and until we are trading it, buying on dips will remain the prudent strategy for traders.
After the mega booster, most brokerages raised their Sensex and Nifty target by 15-20 percent from September 19's closing levels and also raised earnings estimates for sectors such as banking & financials, FMCG, auto
According to Kotak Institutional Equitie , companies under its universe may see 0-18 percent earnings growth in the current financial year.
While the outlook for demand remains positive, concerns for the paint industry on account of crude oil prices remain.
In case the Nifty breaks below 10,800 and sustains there a couple of times on a closing basis then selling pressure could take the index towards 10,640-10,500 levels
The golden rule of investment is to pour money in stocks that are trading at attractive levels compared to their intrinsic value, thus allowing investors to create wealth over a period of time
Nifty continued to remain volatile as it couldn’t manage to hold gains. The index has immediate support at 10,970.
Bank Nifty is trading below 20, 50 and 100 day SMA's which are important short term moving average, indicating negative bias in the short to medium term.
The fall of July series was mainly led by selling pressure from foreign institutional investors (FIIs) desk. They cumulatively sold equities worth Rs. 13,035 crores in July series.
Mitessh Thakkar of mitesshthakkar.com advises buying Power Grid with a stop loss of Rs 206 and target of Rs 218.
Mitessh Thakkar of mitesshthakkar.com recommends buying Asian Paints with a stop loss of Rs 1386 and target of Rs 1440 and Zee Entertainment above Rs 368 with stop loss of Rs 363 and target of Rs 382.
Top upgrades for FY20E includes names like UPL, State Bank of India, Tata Motors and Tata Steel have seen EPS upgrades of 32.4 percent, 23.3 percent, and 9.3 percent respectively.
Prakash Gaba of prakashgaba.com recommends buying Eicher Motors with target at Rs 21,500 and stop loss at Rs 20,000, United Spirits with target at Rs 555 and stop loss at Rs 532 and UltraTech Cement with target at Rs 4,200 and stop loss at Rs 4,050.
If the index crosses and sustains above 11,760 levels on the tradable basis, we expect the rally to continue towards 11,900-12,000
Ashwani Gujral of ashwanigujral.com recommends buying Oriental Bank of Commerce with a stop loss of Rs 112, target of Rs 120, State Bank of India with a stop loss of Rs 325, target of Rs 341 and YES Bank with a stop loss of Rs 276, target of Rs 290.
Volatility has seen steady rise in last couple of weeks. Hence further rise above 17 will be a cause of concern for the market.