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 timely onset of the monsoon season from June 1 and the likely normal rainfall projects a strong outlook for the kharif sowing season, which is critical at such a challenging time.
The Nifty Auto Index has corrected by about 21 percent in the past two months, compared to an18 percent decline in the Nifty.
Given the sharp fall in stock prices across sectors, most experts advised accumulating quality and fundamentally strong scrips with a long term perspective.
Mitesh Thakkar of miteshthakkar.com recommends selling Bajaj Auto with a stop loss of Rs 3092 and target of Rs 3000 and Berger Paints with a stop loss of Rs 578 and target of Rs 560.
Benchmark index Nifty has witnessed sharp V-shape reversal rally since global tension started to fizzle out.
HDFC Securities selected stocks across major sectors financials, consumer, pharma, industrials, oil, automobile, cement and technology.
Further upsides are likely in the near term towards an immediate target of the cup and handle pattern that comes near 12,400 levels
Ashwani Gujral of ashwanigujral.com advices selling Tata Steel with a stop loss of Rs 390, target of Rs 375.
Most experts believe that the economy, as well as earnings, will pick up in the next financial year
FII remained net sellers last week as they sold equities worth Rs 1,272.41 crore.
The BSE and NSE will remain open for an hour on October 27 for the Muhurat Trading.
Maintaining underperform call on Bajaj Auto, Macquarie raised its target on the stock to Rs 2,700 from Rs 2,200 per share.
After the mega booster, most brokerages raised their Sensex and Nifty target by 15-20 percent from September 19's closing levels and also raised earnings estimates for sectors such as banking & financials, FMCG, auto
A dealer survey by CLSA shows that demand continues to be weak and inventories high.
Umesh Mehta, Head of Research, Samco Securities said the first year of any government is generally turbulent and it may not really cheer the stock market
Prakash Gaba of prakashgaba.com suggets buying Bajaj Auto Pharma with target at Rs 2810 and stop loss at Rs 2717.
Historically, the midcap and smallcap index haven’t given negative returns for two consecutive years, hence there is a good chance of a recovery from here on
A sustained trade above 10,900 will trigger a short-covering rally to levels of 11,010-11,100.
Infosys has strong resistance at Rs 760 and a fresh up move is expected only if this level is held
Mitessh Thakkar of mitesshthakkar.com recommends buying Apollo Hospitals with a stop loss of Rs 1338 and target of Rs 1400, Bharat Heavy Electricals with a stop loss below Rs 71.8 for target of Rs 77 and Hindustan Unilever with a stop loss of Rs 1774 and target of Rs 1810.
The likelihood of volatility cannot be ruled out ahead of current month’s F&O expiry next week, and sluggish growth outlook as indicated by big corporate which also is expected to halt the momentum.
Rajat Bose of rajatkbose.com recommends buying Hindustan Unilever with stop loss below Rs 1727 for targets of Rs 1755 and Rs 1773 and Maruti Suzuki with stop loss below Rs 7424 for target of Rs 7520.
Sudarshan Sukhani of s2analytics.com recommends buying Mahindra & Mahindra with stop loss at Rs 660 and target of Rs 675, Divis Labs with stop loss at Rs 1698 and target of Rs 1730 and United Spirits with stop loss at Rs 536 and target of Rs 565.
Rate cut usually acts as a sentiment booster and aid companies that have to service large debts
For next week, Nifty has strong support at 11,365-11,255 and resistance at 11,525-11,650 range, says Sumit Bilgaiyan