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 trend seems to be reversing for the IT sector as HCL Tech & Infosys see maximum upgrades in the past one month while HUL and Tata Motors were the top stocks to witness maximum downgrades
Given the subdued environment, the index may touch its August lows of around 17,150 and if that gets broken, then falling below psychological 17,000 mark can't be ruled out in coming sessions, with hurdle on the upside at 17,700-17,800 levels
Post consolidating in a range in last couple of months, Sun TV Network witnessed a buying interest and has given a breakout from that consolidation. The volumes along with the breakout were high which is a positive sign.
As long as the Nifty trades above 15,500, one should continue to trade with a positive bias and look for stock-specific buying opportunities during the week, says Ruchit Jain, of 5paisa.com
Page Industries is moving in a rational uptrend with higher highs and lows formation. The stock is continuously taking support and bouncing off the 20-day SMA (Rs 41,143)
Investors should focus on the domestic economy-facing sectors like capital goods, infrastructure, real estate and banking. In the near term, they are betting on metals, IT and pharma
Here's what Mehul Kothari of Anand Rathi Shares & Stock Brokers, recommends what investors should do with these stocks when the market resumes trading today.
Here's what Shrikant Chouhan of Kotak Securities recommends investors should do with these stocks when the market resumes trading today.
India VIX is trading near its 6-month high which shows the high level of fear in the market after a prolonged uptrend.
The benchmark indices and broader markets have rallied more than 55 percent from the lows of March 23, though they have been some correction in the last few sessions.
Given that India will remain a growth market in the long-term one cannot neglect growth stocks for a prolonged period of time, Jyoti Roy advised.
Now, the base seems to have shifted higher from 9,700 to 10,000 and here a breach of 10,000 would again apply brakes on the optimism.
Mitesh Thakkar of miteshthakkar.com suggests selling Bajaj Finserv with a stop loss of Rs 9450 for target of Rs 9240 and Container Corp with a stop loss of Rs 526 for target of Rs 495.
Sudarshan Sukhani of s2analytics.com recommends buying Bajaj Finserv with stop loss at Rs 9500 and target of Rs 10300 and Havells India with stop loss at Rs 611 and target of Rs 635.
A major theme for 2019 was corporate governance and companies with a good, clean management were rewarded handsomely by the markets – a theme which may well continue in 2020 as well.
Negative technical indicator and bearish market breadth signal the probability of a further decline in Nifty.
The company has a rich portfolio of diverse products and is engaged in lending across retail, SME and commercial customers, along with wealth management.
It is better to remain stock-specific and opt for stocks that have potential to rise rather than the ones that are overbought
Sudarshan Sukhani of s2analytics.com recommends selling Tata Motors with stop loss at Rs 164 and target of Rs 157 and Motherson Sumi Systems with stop loss at Rs 134 and target of Rs 122.
Mitesh Thakkar of Miteshthakkar.com advises buying Bajaj Finserv with stop loss at Rs 8,540 and target of Rs 9,000.
Ashwani Gujral of ashwanigujral.com suggests buying JSPL with stop loss at Rs 119 and target of Rs 130.
If Nifty crosses and sustains above 11,950 levels it would witness buying which would lead the index towards 12,000-12,100 levels
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
Prakash Gaba of prakashgaba.com recommends buying Sun Pharma with target at Rs 455 and stop loss at Rs 435.
Mitessh Thakkar of mitesshthakkar.com recommends buying Asian Paints with a stop loss of Rs 1386 and target of Rs 1440 and Zee Entertainment above Rs 368 with stop loss of Rs 363 and target of Rs 382.