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
A failure to cross 11,700 levels can bring a supply for the market at the current junction.
A move above 11,700 could be an extremely strong sign for the bulls because above 11,700 the Nifty has the potential to make a record high
Despite the hangover induced by the Union Budget, various brokerages initiated coverage on these 10 stocks in July and projected 17-46 percent return in near to mid-term
Most experts feel the government could focus more on infrastructure and rural spending, which are key areas to bring growth back on track
We can expect the next two quarters having stability in the capital markets and policy decisions during this time shaping the course of markets in the future.
If Nifty doesn’t manage to take support at 11500 then it could correct towards levels of 11,350 levels as well on the back of further selling.
Among sectors, FMCG, IT, pharma lost more than 2 percent, while metal and energy index seen some buying.
Buy Blue Star around Rs 600 with stop loss of Rs 560 for the target of Rs 668 levels.
Shabbir Kayyumi of Narnolia Financial Advisors sees support for the Nifty at 10,500 and 10,440 levels on the downside
The government raised basic customs duties across air conditioners, refrigerators, washing machines (
Angel remains overweight on discretionary consumption theme with stocks like Safari Industries, Bata, Blue Star and Parag Milk Foods.
Here is a list of top 10 stocks which can return up to 35 percent in the next 12 months. For simplicity, we have taken stocks which have a market cap of less than Rs 10,000 crore.
Top 10 stocks which could give up to 20% return in the next 3-4 weeks.
Ashwani Gujral of ashwanigujral.com recommends buying Blue Star, Sun Pharma and LIC Housing Finance.
Prakash Gaba of prakashgaba.com is of the view that one may hold Jayshree Tea & Industries.
Jay Thakkar of Anand Rathi Securities advises buying Greaves Cotton with a target of Rs 142.75.
The S&P BSE Sensex gained nearly 4,000 points or 13 percent since last Diwali and expectations are that the rally could take the index to fresh highs in 2017 itself.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Jet Airways and Amara Raja Batteries and buy Blue Star.
Ashwani Gujral of ashwanigujral.com recommends buying Shree Renuka Sugar, Ramco System, KRBL, Hindalco Industries and Blue Star.
Most experts have a target of 32,000 – 33,000 on the S&P BSE Sensex which translates into an upside of about 5 percent. Investors will be better off staying with stocks which can outperform markets by a wide margin.
Mayuresh Joshi of Angel Broking suggests holding Blue Star and has a positive view on Symphony with a view of couple of years.
Abhimanyu Sofat of IIFL is of the view that one may see 25 percent upside in Tata Motors DVR.
Prakash Gaba of prakashgaba.com is of the view that Blue Star can climb to Rs 715 while CRISIL may test Rs 1990.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sobha and Blue Star and sell NTPC.
According to Ashwani Gujral of ashwanigujral.com, one can buy Blue Star and Canara Bank and sell Infosys.