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
Irrespective of global or political set up on the domestic front, long-term investors should focus on stocks which can give earnings visibility, and have a high margin of safety with high corporate governance standards.
Export and three-wheeler growth is likely to taper, it said, adding that there is pressure visible in domestic two-wheelers.
Ashwani Gujral of ashwanigujral.com recommends buying V Guard Industries with a stop loss of Rs 230, target of Rs 242, Bata India with a stop loss of Rs 1120, target of Rs 1155 and PVR with a stop loss of Rs 1570, target of Rs 1610.
Prakash Gaba of prakashgaba.com recommends buying Berger Paints with target at Rs 330 and stop loss at Rs 316, Federal Bank with target at Rs 95 and stop loss at Rs 88 and GAIL India with target at Rs 360 and stop loss at Rs 344.
We are expecting highly volatile ride in next week so it is better to stay away from trading for next 3-5 days, says Sumit Bilgaiyan of Equity99
Ashwani Gujral of ashwanigujral.com recommends buying Titan Company with a stop loss of Rs 920, target of Rs 945, Ajanta Pharma with a stop loss of Rs 1130, target of Rs 1165 and Bajaj Finance with a stop loss of Rs 2400, target of Rs 2520.
Price growth in Nifty will mostly come through earnings growth while valuation multiple will see continued contraction, said Vineeta Sharma of Narnolia Financial Advisors
At the CMP, the stock trades at a P/E of 17.1x. We are recommending a buy in staggered manner for medium to long term, says Sumit Bilgaiyan of Equity99.
Sumit Bilgaiyan of Equity99 strongly believes that this Diwali will be 'discount wali' but the next one will be 'dhamake wali hogi'
Sudarshan Sukhani of s2analytics.com suggests buying Bata India with stop loss at Rs 860 and target of Rs 920, Dabur India with stop loss at Rs 400 and target of Rs 420 and Voltas with stop loss at Rs 520 and target of Rs 544.
Rajesh Agarwal of AUM Capital recommends buying Dalmia Bharat with stop loss at Rs 1994 and target of Rs 2077 and Bajaj Auto with stop loss at Rs 2548 and target of Rs 2630.
IT, Consumer and Capital Goods are likely to report solid earnings growth while automobiles, pharmaceuticals, and cement will continue to witness margin pressures leading to subdued earnings
We advise initiating shorts on any technical bounce within the range Rs 2620-2650, says Jayant Manglik of Religare Broking.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell Container Corporation of India with a stop loss of Rs 613 and target of Rs 573 and buy Aurobindo Pharma with a stop loss of Rs 722 and target of Rs 760.
Here is a list of top 10 short-term money making ideas from different experts which could give 5-28% return in the next 1-6 months.
Sudarshan Sukhani of s2analytics.com recommends selling Can Fin Homes with stop loss at Rs 240 and target of Rs 218, Cummins India with stop loss at Rs 665 and target of Rs 635 and Sun TV with stop loss at Rs 625 and target of Rs 575.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Aurobindo Pharma with a stop loss of Rs 720 and target of Rs 755 and sell Equitas Holdings around Rs 131 with stop loss of Rs 136 and target of Rs 120.
These include names such as IOC, BPCL, Hero MotoCorp, Shree Cements, Ambuja Cements, Havells India, HPCL, ACC, Exide Industries, IGL, and Amara Raja Batteries.
Goldman Sachs, which was strategically overweight on India since March 2014, has turned slightly cautious towards Indian market in 2018 and lowered its investment view to marketweight from overweight earlier.
Sudarshan Sukhani of s2analytics.com suggests buying Aurobindo Pharma with a stop loss at Rs 780 and target of Rs 810, Mindtree with stop loss at Rs 1150 and target of Rs 1200 and RBL Bank with stop loss at Rs 590 and target of Rs 620.
Traders can accumulate the stock in the range of Rs 2765-2775 for the target of Rs 3000 and a stop loss below Rs 2640, says Rupak De of Bonanza Portfolio.
Going forward, the index may consolidate in the range of 11,450 and 11,550. A decisive take out of 11,550 may induce a quick recovery towards 11,650-11,700.
Rajesh Agarwal of AUM Capital recommends buying Reliance Infrastructure with stop loss at Rs 463 and target of Rs 499, Cyient with stop loss at Rs 753 and target of Rs 789 and Sical Logistics with stop loss at Rs 193 and target of Rs 212.
Most experts feel that the bull run remains intact but advise traders to remain cautious as the Nifty approaches crucial resistance levels of 11,900-12,000.
With the festive sales period of Onam being a subdued one, coinciding with the floods timeline, Edelweiss said that the impact in near term could be acute.