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 market could see some consolidation and profit booking in the upcoming sessions, though the overall trend remains positive. Below are some trading ideas for the near term.
The market trend is expected to remain positive amid consolidation. Below are some trading ideas for the near term.
The index is expected to extend its southward move in the upcoming sessions, given the negative sentiment. Below are some trading ideas for the near term.
The market is expected to see consolidation after the recent rally. Below are some trading ideas for the near term.
Most private banking stocks remain strong forming higher highs and higher lows, which could lead Bank Nifty to make new all-time highs in the coming weeks.
The RSI indicator plotted on the weekly charts is moving upward from oversold region and it is sustaining above 40 mark with the formation of higher low indicating positive momentum of Avanti Feeds.
Mid and smallcaps may cool off a little but this opportunity should be used to add quality stocks to your portfolio as the long-term market outlook is bullish, says experts
Derivative data witnessed strong & confident CE writing open interest mounting at 11,100 & 11,200 strikes which could face significant unwinding pressure once the index surpasses 11,100 mark.
With most sectors in a slump, the monsoon will also have an impact on employment generation, auto sales, and demand of cement and steel.
FM Nirmala Sitharaman on May 15 announced 11 measures to boost the sector, ranging from the amendment of Essential Commodities Act to a Rs 1 lakh crore fund to boost agriculture infrastructure.
Ashwani Gujral of ashwanigujral.com suggests buying Bharti Airtel with a stop loss of Rs 445 and target of Rs 470.
Mitessh Thakkar, mitesshthakkar.com recommends buying Amara Raja Batteries with a stop loss of Rs 737 and target of Rs 770 and HDFC Bank with a stop loss of Rs 1259.5 for target of Rs 1300.
Mitesh Thakkar of Miteshthakkar.com is of the view that one may buy DLF with stop loss at Rs 185.5 and target of Rs 200.
Historically speaking, the midcap and smallcap indices have never given negative returns for two consecutive years, and they have had a dismal 2018.
Equirus Securities has a 12-month target of Rs 520 on Avanti Feeds as well as Apex Frozen with an investment horizon of 1 year
Elara Capital expects a revival in midcaps riding on price and valuation comfort based on historical trends, strong flows from FPIs and DIIs and strong earnings revival
The risks to portfolio would be geopolitical tension and global recession (as there are expectations of economy slowdown in US and Europe), Edelweiss said.
Despite the expected volatility, here are top 10 stocks where analysts initiated coverage with a buy rating in February
Equirus Securities said uncertainty regarding elections in 2019 might keep markets volatile.
Volatility index (India VIX) was up 3.2 percent this week. The BSE largecap index rose 0.69 percent, midcap gained 0.36 percent, while smallcap was down 1.27 percent
Rajesh Agarwal of AUM Capital suggests buying Aptech with a stoploss of Rs 153 and target of Rs 170.
Sudarshan Sukhani of s2analytics.com suggests selling Bharti Infratel with stop loss at Rs 270 and target of Rs 261, IRB Infra with stop loss at Rs 178 and target of Rs 168 and Jet Airways with stop loss at Rs 270 and target of Rs 255.
Rajesh Agarwal of AUM Capital recommends buying Hindustan Oil Exploration with stop loss at Rs 140 and target of Rs 149, Marksans Pharma with stop loss at Rs 31 and target of Rs 37 and Liberty Shoes with stop loss at Rs 206 and target of Rs 233.
We have a sell recommendation for Avanti Feeds which is currently trading at Rs 475.40, says Dinesh Rohira of 5nance.com.
On the upside, 10,820–10,840 are the levels to watch out for. On the flipside, 10,725 followed by 10,677 are likely to act as important support levels.