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
Blue Dart Express has seen a consolidation breakout, trading above all the key moving averages, and has formed a robust bullish candlestick pattern on the daily charts, with a manifold jump in volumes.
Given the expected strong momentum, experts advise top 14 stock picks that are available at attractive valuations now
Nifty Midcap and Smallcap indices have outperformed Nifty in this calendar year so far. We expect their outperformance to continue. Here are three buy recommendations from the mid and smallcap segment
Bullish technical set up is seen not only for Indian markets, but across the globe. Short-term traders are advised to focus on 15,470 levels as resistance for the Nifty50 index.
Every sector participated in the run seen this month, given expected recovery in earnings and economy after slew of measures announced in last one year.
Though the negative bias is expected in the short term but stock-specific opportunities are likely to keep the traders in high spirits.
Moneycontrol undertook an analysis to show that there have been expensive stocks that have given stellar returns to their investor in the last 3 years.
Mitessh Thakkar 0f mitesshthakkar.com has a buy on Ajanta Pharma with a stop loss of Rs 1237, target of Rs 1360 and a buy on DLF with a stop loss of Rs 215, target of Rs 245.
According to technical analyst Prakash Gaba of prakashgaba.com, for the Nifty, the trend is up as long as 10175 holds and upside to 10340 is also a possibility. The crucial support for the Nifty is at 10175-10089 and the resistance is at 10340. Bank Nifty on the other hand has support at 25600 and resistance at 26000.
Prakash Gaba of prakashgaba.com feels that Blue Dart can climb to Rs 4200.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ashok Leyland, HDFC, Vedanta and Canara Bank and sell Cummins India.
A decline in margins resulted in consolidated profit declining by 52 percent YoY to Rs 21.1 crore in June quarter.
ITC, ICICI Bank, Dr Reddy’s Labs and ONGC, among others, are on the radar of investors on Friday.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, Basant Maheshwari, Author & Independent Market Expert shared his readings and outlook on specific stocks and sectors.
Gaurang Shah of Geojit BNP Paribas is positive on Container Corporation of India and Blue Dart.
Kunal Bothra of LKP Securities recommends buying Blue Dart with a target of Rs 8000.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Bank of Baroda, Cipla, Jyothy Labs, Blue Dart, Wabco India and Oriental Bank of Commerce (OBC).
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Gati and Blue Dart Express and feels that there is money in these stocks.
According to Vishal Malkan of malkansview.com, one may hold Blue Dart Express.
Rajat Bose of rajatkbose.com is of the view that above Rs 405, Bharti Airtel may test Rs 409-411.
Pankaj Jain, Director at Sunteck Wealthmax Capital is of the view that one can buy Hitachi Home, Blue Dart.
Invest in Blue Dart Express around Rs 1900 with a view of 6-8 months, says SP Tulsian, sptulsian.com.
Shares of multi-national companies (MNCs) will be in focus in the next few weeks as many of them will be required to either reduce promoter shareholding to a regulatory cap of 75 per cent or get delisted.
Buy Blue Dart, says PN Vijay, Portfolio Manager, askpnvijay.com. It is a leader in one of India‘s fastest growing businesses and strong parented and all that adds up to a nice cocktail.
PN Vijay, Portfolio Manager, askpnvijay.com, says that companies like Cipla and Ranbaxy would be largely affected by the pricing policy because they have large presence in domestic life saving drugs space and to some extent affect will be seen on Lupin.