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
The 24,900 – 25,100 range is expected to serve as a significant resistance level for Nifty 50 due to a gap observed on the daily chart. If the Nifty index manages to close decisively above this resistance zone, it could open the door for further upside potential.
Given the current conditions, traders are advised to remain cautious and avoid aggressive long positions.
In the short term, the Nifty50 index is likely to maintain its momentum. On the upside, it could potentially approach 20,000 mark. The support range is positioned at 19,700 - 19,750.
A decisive move above 11,600 in the coming sessions will once again bring back the bullish momentum into the markets.
The S&P BSE Midcap index slipped 0.57 percent for the week ended May 17 while the S&P BSE Smallcap index was down 1.5 percent in the same period.
Prism Johnson and Somany Ceramics are still available at low valuation while Kajaria Ceramics is the market leader (9 percentas on FY18) and margin leader (17 percent as on FY18) in the ceramic tiles industry.
In a CNBC-TV18 special show '18 for 18', Mehraboon Irani of Gini Gems Consultants gave five top ideas for 2018.
We believe that returns in 2018 from equity markets will primarily be dependent on the interplay between domestic liquidity and earnings growth.
What a dream run it has been for the Indian equity market in 2017 - and who would have thought. If we rewind back and talk about all the gloom and doom that were surrounding us back in December of 2016; demonetisation and impending huge indirect tax reform. Well, the Indian market has come a long way and come on top.
We expect Nifty EPS of FY18/19/20 to be 500/600/720 and expect it to scale 12,000 in FY19, says Sandeep Raina of Edelweiss Investment Research.
Mehraboon Irani of Gini Gems Consultants feels that Asian Granito may move to Rs 800.
Asian Granito is well placed to leverage its vast distribution network and strong brand equity.
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.
There was plenty of stock specific action as nearly 130 stocks rose to a fresh 52-week high on the BSE.
The S&P BSE Sensex gained nearly 4,000 points or 13 percent since last Diwali and expectations are that the rally could take the index to fresh highs in 2017 itself.
The benchmark index will remain under pressure for some more time but there is plenty of stock specific action which could give returns much bigger than Nifty50 or S&P BSE Sensex.
Going forward, the index could remain on a rising trajectory and head towards a target of 10,400 in coming weeks.
We have collated a list of top 5 stocks on which brokerage initiates coverage in August. These stocks can give up to 28 percent in next 1 year from Thursday’s closing price.
India is in the midst of a secular bull run and we see markets rising towards 10,500 by the end of 2017, and for 2018, our target is placed at 11,500, Sahil Kapoor, Chief Market Strategist, Edelweiss Broking, said in an exclusive interview with Kshitij Anand of Moneycontrol.
Dolly Khanna, along with her husband Rajiv Khanna who has been her investment advisor, raised stake in 9 out of 20 stocks in her portfolio. She booked profits in 8 stocks while maintained a stake in 3 companies.
We have collated a list of top five stocks which Rajesh Kothari of AlfAccurate Advisors is positive from his interview with CNBC-TV18.
Sameet Chavan of Angel Broking is of the view that one may buy Wockhardt with a target of Rs 808.
Kunal Saraogi of Equityrush advises buying Apollo Tyres with a target of Rs 200.
Sameet Chavan of Angel Broking is of the view that one may buy Bata India with a target of Rs 558.
According to Ashwani Gujral of ashwanigujral.com, one can buy JK Lakshmi Cement.