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
Since FY17, the market's performance was mostly driven by a handful of stocks, as broader indices underperformed significantly.
If you are a retail investor have Rs 1 crore to invest, here are a few recommendations for investing and dividing your portfolio exposure across these sectors.
Gujarat Gas, Cipla among 10 stocks which brokerages have upgraded to 'buy'
Historically speaking, the midcap and smallcap indices have never given negative returns for two consecutive years, and they have had a dismal 2018.
Harendra Kumar of Elara Capital said given the overall robustness in earnings recovery, 2019 could well be a year of midcaps and smallcaps.
Stock may be bought in the range of Rs 1,980-1,990 for targets of Rs 2,150-2,220, keeping a stop loss below Rs 1,880, says Aditya Agarwala of YES Securities (I) Ltd.
Here is the list of three stocks that can give up to 14 percent return in a month.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Bank of India, Federal Bank, IDBI Bank, Berger Paints and Akzo Nobel India.
SP Tulsian of sptulsian.com shared his views on which cement stocks to look at and the rationale behind his bullishness on RBL Bank IPO.
Mehraboon Irani of Nirmal Bang Securities is of the view that one can add Asian Paints to the portfolio.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 talks about stocks like Maruti Suzuki, Mahindra and Mahindra and on what levels they make a good buy.
Vishal Jajoo, Sr. Equity Research Analyst at Nirmal Bang Securities recommends buying Phoenix Lamps and Akzo Nobel India.
SP Tulsian, sptulsian.com advises to exit from Akzo Nobel around Rs 1140-1145. Limited upside is seen in the stock.
Akzo Nobel India has target of Rs 1,400 from a one-and-half year perspective, says Aashish Tater, Head of Research, Fort Share Broking.
Akzo Nobel, Bata India look good, says Tirthankar Patnaik of Religare Capital Markets.
Manoj Singla of Religare Capital Markets is positive on consumer durables stocks.
Expect 100% returns in Akzo Nobel in two-and-a-half years from the current levels, says Ashish Tater of Fort Share Broking.