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 market is expected to continue its northward journey. Below are some trading ideas for the near term.
The market trend is expected to remain positive amid consolidation. Below are some trading ideas for the near term.
The market may remain consolidative, with the continuation of the "sell on rally" strategy. Below are some trading ideas for the near term.
The index is likely to consolidate in the monthly F&O expiry week, and if the index takes support and rebounds, then 18,700-18,900 could be the resistance area, whereas 18,500-18,450 could be the next crucial support in case of correction in coming sessions
GIC Housing seems to be breaking out of a downwards sloping parallel channel pattern on the weekly timeframe after one and a half years and on the daily timeframe the stock seems to be breaking out of a consolidation which can be used as a confluence towards the bullish view.
Paras Defence and Space Technologies jumped nearly 6 percent to close at Rs 715.65, continuing uptrend for fifth consecutive session. On last both days, there was strong bullish candlestick pattern formation on the daily charts with healthy volumes.
Force Motors has witnessed a sharp upmove from its trendline support. In the recent past, the pullback moves have resisted around its '200 EMA' (exponential moving average). Thus, we could see a continuation of this resistance towards this average which is now seen around Rs 1,157.
We have been hovering in the overbought territory for the last 2-3 weeks, but sometimes the market does not respect the theory and hence, it can remain overbought for a long time as well.
The BSE small-cap index added 1.13 percent, BSE large-cap index was up 0.27 percent and the BSE mid-cap index rose 0.29 percent while in the past week.
PE multiple is widely used as a valuation tool that helps in screening a stock on a relative basis.
Rajat Bose of rajatkbose.com suggests exiting Force Motors.
Prakash Gaba of prakashgaba.com advises buying Force Motors on dips.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy IDFC and Kajaria Ceramics and can hold Jain Irrigation.
Rajat Bose of rajatkbose.com is of the view that one may stay invested in Force Motors.
Ashu Madan of Religare Securities is of the view that one may buy Force Motors.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Prakash Gaba of prakashgaba.com is of the view that Punjab National Bank and Jubilant Foodworks look good while he likes DLF and SRF.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, said he is positive on banks especially after seeing Bank Nifty levels at 18000. He also maintained a positive stance on natural resources stocks.
On CNBC-TV18's special show 'Super17', market experts SP Tulsian, Prakash Diwan, Dipan Mehta and Daljeet Singh Kohli outlined a list of 17 stocks they are bullish on for the coming year 2017.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares his take on companies that declared their quarterly earnings like Strides Shasun and its peers, Kansai Nerolac and Colgate among others. He also shares his outlook on Eicher Motors.
Ashwani Gujral of ashwanigujral.com is of the view that one can accumulate Force Motors on correction.
Prakash Gaba of prakashgaba.com is of the view that Force Motors can climb to Rs 4950 while Axis Bank can slip to Rs 480.
SP Tulsian, sptulsian.com in an interview to CNBC-TV18 shared his views on why Infosys is still a long-term buy, capable of giving 15 percent return and why he is positive on Tube Investments and expects 22-24 percent annual returns from it.
All investment companies have surged in the last few days but one holding company which hasn't moved is Bajaj Holdings & Investment.
In an interview to CNBC-TV18, Ajay Bodke, CEO & Chief Portfolio Manager (PMS) at Prabhudas Lilladher Pvt. Ltd shared his readings and outlook on market, specific stocks and sectors.