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
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Yes Bank, Punjab National Bank and GAIL India while he feels that Maruti Suzuki is likely to hit new highs.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell DCB Bank, Indiabulls Real Estate, Asian Paints and Tata Global Beverage and can buy Tata Steel and South Indian Bank.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities suggests buying Tata Global Beverage, Titan Company, Asian Paints, Bata India and India Cements.
Ashwani Gujral of ashwanigujral.com has a buy on Indocount Industries with a stop loss of Rs 118, target of Rs 130 and a buy on Asian Paints with a stop loss of Rs 1160, target of Rs 1240 whilehe advises selling Reliance Infra with a stop loss of Rs 425, target of Rs 400.
The Goods and Services (GST) Council, which met in Guwahati for a 2-day meet starting Thursday of last week, has decided to keep only 50 luxury and 'sin' goods like tobacco in the highest slab.
The 2-day GST council meeting is underway and the outcome is expected on Friday.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports and Asian Paints and can hold Punj Lloyd and Escorts while one can sell Apollo Tyres.
Ashwani Gujral of ashwanigujral.com suggests buying UPL, Avenue Supermarts and Asian Paints.
Ashwani Gujral of ashwanigujral.com recommends buying Canara Bank, IndusInd Bank, Axis Bank, Just Dial, Cipla and Asian Paints.
Here is a list of seven stocks in which foreign brokerages have upgraded their rating after September quarter earnings.
Investors need to watch out how end market demand picks up from hereon. Elevated raw material prices are expected to weigh on margins in the near-term.
PSU bank recap, Infosys and Asian Paints, among others, are being tracked by investors on Wednesday.
Prakash Gaba of prakashgaba.com suggests shorting Asian Paints and Ceat and feels that Indiabulls Housing Finance can climb to Rs 1400.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Federal Bank, National Aluminium Company and Torrent Power and can sell Maruti Suzuki and Bank of Baroda.
The disruptive impact of GST is visible but corporate honchos are hopeful of a rural recovery and consumption revival during the festive season.
According to Technical Analyst Prakash Gaba of prakashgaba.com, the crucial support for the Nifty is at 10150 and the resistance is at 10315-10537 while Bank Nifty has support at 25000 and resistance at 25534.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Bajaj Finance and can buy Bajaj Auto, Cipla, Federal Bank, Tata Motors DVR and BEML.
The midcap Index which was again the outperformer, up 1.29 percent led by Jain Irrigation Systems and Jaiprakash Associates while Bajaj Auto, ICICI Lombard General Insurance Company, MphasiS and Vedanta were some of few stocks that hit 52-week high on the NSE.
According to Technical Analyst Prakash Gaba of prakashgaba.com, the crucial support for the Nifty is at 10150 and the resistance is at 10315-10537. On the other hand, Bank Nifty has support at 25000 and resistance at 24534.
According to Technical Analyst Prakash Gaba of prakashgaba.com, the momentum seems to be shifting and so all rallies needs to be sold into until 10074 is taken out. The crucial support for the Nifty is at 9922-9877 and the resistance is at 10035. On the other hand, Bank Nifty has support at 24000 and resistance at 24534.
Asain Paints, CESC, Vedanta, Gail India and Tata Global Beverages could give up to 12% return in short-term.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com in which he shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com advises buying Oil India and Edelweiss Financial.
The idea behind creating ‘wealth’ is to find companies which can outperform benchmark indices in a Bull Run and contain damage when the equity markets decide to head south.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy L&T, Asian Paints, Whirlpool of India, Sun TV Network and Bajaj Finance and advises selling Ajanta Pharma and Dish TV.