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
Sudarshan Sukhani of s2analytics.com is of the view that one can buy UPL, Tech Mahindra, HDFC Bank and Ajanta Pharma and can short Balrampur Chini.
"The Nifty continues to trade below the long-term 200-day moving average and rising support trend line originating from May 2017 and low of 9342 levels connecting lows of 9449 and 9688 which comes around 10180 levels, says Ashish Chaturmohta, Head Technical and Derivatives, Sanctum Wealth Management.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ajanta Pharma and Tech Mahindra and can sell BEML, CESC and India Cements.
Here is a list of top 10 trading stock ideas by different experts which could give up to 20% return in the short term.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy IGL and Godrej Consumer and can sell Century Textiles and Ajanta Pharma.
Moneycontrol identified stocks where the P/E multiple did not de-rate considerably despite high volatility
The index has some stiff resistance at 10615, where 20 and 50-days moving averages are seen. Thus, the index may see some profit booking above 10600, after a bounce back.
Siemens and Federal Bank, among others, are being tracked by investors on Friday.
Rajat Bose of rajatkbose.com recommends buying Biocon, Ajanta Pharma and Ashok Leyland.
According to Ashwani Gujral of ashwanigujral.com, one may sell BPCL and Jet Airways.
Rajat Bose of rajatkbose.com is of the view that one may buy Tata Elxsi, Sun Pharma and Ajanta Pharma.
Ashwani Gujral of ashwanigujral.com suggests buying United Spirits, Bajaj Finance and Ajanta Pharma.
Mitessh Thakkar of miteshthacker.com recommends buying Bata India and Capital First.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy PVR and Sun TV Network and can sell BEML and Union Bank of India.
Ashwani Gujral of ashwanigujral.com recommends buying DB Realty with a stop loss of Rs 54, target of Rs 66 and KEC International with a stop loss of Rs 378, target of Rs 395
Morgan Stanley has maintained its overweight rating on HDFC Bank, with increased target price at Rs 2,500 from Rs 2,200 per share as HDFC Bank remains a compounder with earnings rising at more than 20 percent.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, UltraTech Cement, Ajanta Pharma, Bata India and Godrej Industries and can sell Reliance Infrastructure.
Gaurav Bissa of LKP Securities is of the view that one can buy NMDC and Ajanta Pharma and can sell Oil India Limited.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, Ajanta Pharma, Zee Entertainment and Hexaware Technologies can can short BEML.
Ashwani Gujral of ashwanigujral.com recommends buying Piramal Enterprises, Ajanta Pharma, Pidilite Industries, Sun TV Network, JM Financial and Interglobe Aviation.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Balkrishna Industries, Ajanta Pharma and Dabur India and can sell BEML and IDFC Bank.
Ruchit Jain of Angel Broking is of the view that one may buy Brigade Enterprises with a target of Rs 330.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ajanta Pharma, Ashok Leyland and Colgate Palmolive and can sell Idea Cellular and Tata Motors.
Ashwani Gujral of ashwanigujral.com has a buy on Titan Company with a stop loss of Rs 820, target of Rs 855 and DLF with a stop loss of Rs 224, target of Rs 238.
Ruchit Jain of Angel Broking is of the view that one may buy Brigade Enterprises with a target of Rs 330.