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
Ashwani Gujral of ashwanigujral.com recommends buying Cholamandalam Investment with a stop loss of Rs 324, target of Rs 338 and State Bank of India with a stop loss of Rs 319, target of Rs 334.
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.
The whole eight percent rally seen after this announcement has fizzled out. This does not augur well for overall market breadth and signals further bearishness in midcaps and smallcaps
Sudarshan Sukhani of s2analytics.com advises buying NIIT Technologies with target at Rs 1,455 and stop loss at Rs 1,345.
Abhimanyu Sofat of IIFL Securities said merger of relatively better run Indian Bank with Allahabad Bank is disappointing.
As long as banking index is trading above 28,000, we suggest trading with buy on dip strategy.
Sudarshan Sukhani of s2analytics.com recommends buying Bank of Baroda with stop loss at Rs 127 and target of Rs 134 and Colgate Palmolive with stop loss at Rs 1160 and target of Rs 1200.
11,800 is the vital support area for the Nifty. It would be wise to remain cautious as high levels of volatility is likely
Sudarshan Sukhani of s2analytics.com recommends buying Axis Bank with stop loss at Rs 798 and target of Rs 820 and Bata India with stop loss at Rs 1445 and target of Rs 1489.
Nifty future rollover data till June expiry is 80 percent, which is higher than last month’s rollover data of 71 percent as well as greater than 3 month’s average rollover of 77 percent indicating strong trading interest ahead of the Budget
PSU banks are likely to see a turnaround in profitability given that most of the pain has been recognised and NPA and credit costs are peaking out, which will lead to an improvement in return ratios, suggest experts
The Net NPA numbers of the merged bank should be about Rs 23,000 crore which is equal to just one & half years operating profit of the merged bank, a very positive number.
Sudarshan Sukhani of s2analytics.com recommends buying HDFC with stop loss at Rs 2010 and target of Rs 2040, Bata India with stop loss at Rs 1396 and target of Rs 1424 and Britannia Industries with stop loss at Rs 2955 and target of Rs 3015.
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.
Sudarshan Sukhani of s2analytics.com recommends buying Sun Pharma with stop loss at Rs 438 and target of Rs 458, ICICI Bank with stop loss at Rs 348 and target of Rs 360 and Britannia Industries with stop loss at Rs 3020 and target of Rs 3130.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India with stop loss at Rs 1240 and target of Rs 1290, IndusInd Bank with stop loss at Rs 1500 and target of Rs 1530 and UPL with stop loss at Rs 805 and target of Rs 840.
Neutral-to-moderately popular stocks outperformed significantly when compared to the most popular stocks in the December quarter, according to a report from Motilal Oswal on contrarian investing.
Mitessh Thakkar of mitesshthakkar.com recommends buying Axis bank with a stop loss below Rs 638 for target of Rs 675, ICICI Bank with a stop loss of Rs 369.4 and target of Rs 400 and MCX India with a stop loss of Rs 733 and target of Rs 765.
Mitessh Thakkar of mitesshthakkar.com recommends buying Escorts with a stop loss of Rs 706 and target of Rs 745, HDFC with a stop loss of Rs 1982 and target of Rs 2060 and HDFC Bank with a stop loss of Rs 2132 and target of Rs 2185.
We expect stock to resolve higher and head towards our earmarked target of Rs 132 levels in the coming month, says Dharmesh Shah of ICICI Securities.
HDFC Bank remains UBS' preferred pick and it sees 26 percent CAGR earnings over FY18-21.
As sentiment in PSU Banking space is firming up, one can expect a breakout in this counter as chart structure is looking very positive.
Sudarshan Sukhani of s2analytics.com suggests buying Britannia Industries with stop loss at Rs 5700 and target of Rs 6300, Bank of Baroda with stop loss at Rs 110 and target of Rs 125 and Eicher Motors with stop loss at Rs 24000 and target of Rs 27500.
Rajesh Agarwal of AUM Capital recommends buying Bank of Baroda with stop loss at Rs 110 and target of Rs 122, Ajanta Pharma with stop loss at Rs 1090 and target of Rs 1160 and Siemens with stop loss at Rs 952 and target of Rs 1015.
Sudarshan Sukhani of s2analytics.com suggests buying ACC with stop loss at Rs 1450 and target of Rs 1550, MRF with stop loss at Rs 65100 and target of Rs 66400 and IndusInd Bank with stop loss at Rs 1490 and target of Rs 1580.