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
Karnataka Bank is in a strong uptrend, and it has given a breakout of a flag pattern formation on the daily chart. It has witnessed a multi-month breakout on the longer time frame.
Apar Industries is in classical bullish momentum and forming higher highs & higher lows formation on the longer timeframe. The previous swing high around Rs 1,540 is an immediate level; above this, we can expect Rs 1,774 level in the near term.
Campus Activewear is moving in a classical upsloping channel formation with an immediate base at 20-day moving average (DMA). It witnessed a bullish pin bar candlestick pattern at 20-DMA during the recent pullback.
The approach of having a decent mix of debt and equity in one’s portfolio is an important thing to balance the repercussions arising out of unstable times.
Analysts’ advise investors to remain with quality stocks which might have fallen less in the carnage as compared to stocks whose value has eroded 50-80 percent in the past 6 months
Here is a list of top 12 wealth-creating ideas by experts with a time horizon of next 2-3 years.
Dr Reddy’s Labs, Tata Global and Coal India, among others, are on the radar of analysts on Monday.
Sandeep Wagle of powermywealth.com recommends buying Repco Home Finance and Arvind.
In an interview to CNBC-TV18 Ravi Kataria, MD of Investment Imperative shared his reading and outlook on the market as well as on specific stocks.
Sudip Bandopadhyay, Market Expert is of the view that Apar Industries and Techno Electric definitely at current level deserves a look in from the investors' point of view.
Dipan Mehta Member at BSE & NSE recommends entering Hindalco Industries.
Rahul Arora, CEO at Nirmal Bang Institutional Equities is of the view that one may prefer Apar Industries.
Deven Choksey of KRChoksey Investment is of the view that one may look at power ancillary companies.
Rahul Arora of Nirmal Bang Institutional Equities is of the view that Apar Industries is the top pick from the capital goods space and likes Westlife Development.
Vinay Pandit, Sr VP-Institutional Equities at Centrum Broking is of the view that Apar Industries may rise nad hit Rs 490.
AK Prabhakar, Independent Advisor advises buying Apar Industries for a target price of Rs 386 and Shriram Transport for a target price of Rs 1,040.
In an interview to CNBC-TV18, Rajen Shah, CIO of Angel Broking recommends Oriental Hotels and Apar Industries as multibagger stocks. Shah is bullish on these two stocks because the downside is very low and the upside is likely to be huge.
Rajen Shah, CIO of Angel Broking is of the view that Apar Industries can move to Rs 250. This company is basically into manufacturing of aluminium conductors, transformer oil, specialty oil and cables. Aluminium conductor contributes about 40%, transformer oil and specialty oil about 50% or so and cable about 10 percent to the total turnover.
Apar Industries may rally to Rs 200 in two years from now, says Rajen Shah, CIO, Angel Broking.
Sterlite Technologies can test Rs 65-66, says SP Tulsian, sptulsian.com.
Apar Industries may see 35-40% gains from current levels, says Rajesh Jain of Independent Market Strategist.
Apar Industries can test Rs 280-300, says SP Tulsian, sptulsian.com.