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
Vinay Rajani of HDFC Securities says they believe that the Nifty is in uptrend and dips should be utilised to create longs positions. Support for the Nifty is seen at 17,640. Upside targets for the Nifty are seen at 18,210 and 18,610
The Nifty50 is expected to be in the range of 17,500-18,000. Only a break above 18,000 will increase momentum on the upside and trigger fresh buying, says Malay Thakkar
Here's what Gaurav Sharma of Globe Capital Markets, recommends investors should do with these stocks when the market resumes trading today.
Reliance Industries was the biggest Nifty gainer on November 25, rallying 6.02 percent, Chambal Fertilisers and Chemicals gained 5.42 percent and Torrent Pharmaceuticals was up 6.14 percent
Here's what Mehul Kothari of Anand Rathi Shares and Stock Brokers, and Shrikant Chouhan of Kotak Securities, recommend investors should do with these stocks when the market resumes trading today.
Ashwani Gujral of ashwanigujral.com recommends buying Chambal Fertilizers with a stop loss of Rs 175, target of Rs 190 and Muthoot Finance with a stop loss of Rs 768, target of Rs 790.
Government has launched eNAM — an online trading platform, to optimize the use of fertilizers by distribution of Soil Health Cards to farmers.
The stock price has given a positive crossover from its 50 and 100-day SMA which supports bullish sentiments ahead, says Rajesh Palviya of Axis Securities.
Technical experts feel that the week is likely to remain volatile due to November F&O expiry, but bulls will be able to take control only if Nifty closes above 10,700-level and 200-DMA.
Sudarshan Sukhani of s2analytics.com suggests buying Aurobindo Pharma with a stop loss at Rs 780 and target of Rs 810, Mindtree with stop loss at Rs 1150 and target of Rs 1200 and RBL Bank with stop loss at Rs 590 and target of Rs 620.
World Crest Advisors LLP bought 44,62,38,855 shares of Dish TV India through market purchase on July 24, 2018 while Hindustan Times bought 1,41,000 shares of Chambal Fertilisers & Chemicals through market purchase on July 27, 2018 and Eriez Industries Pvt.Ltd. bought 40,086 shares of 20 Microns Ltd through market purchase on July 27, 2018.
Here is a list of top three stocks which could give up to 12% return in short term.
Prakash Gaba of prakashgaba.com recommends buying Wockhardt with target at Rs 840 and stop loss at Rs 770 while he has a sell on Bank of India with target at Rs 96 and stop loss at Rs 108.
On any bounce in prices, the Nifty index will face strong resistance around 10,250-10,300 levels.
Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, a rise of 4 points or 0.04 percent.
Top 10 stocks which could give up to 20% return in the next 3-4 weeks.
As far as resistance is concerned, 10,640 would remain a big hurdle for the Nifty and unless that is taken out, sell on the rise should be the strategy for the traders.
Ashwani Gujral of ashwanigujral.com recommends buying SBI, PNB, Chambal Fertilisers, ONGC, Canara Bank and Delta Corp.
Ashwani Gujral of ashwanigujral.com is of the view that Jubilant Food is likely to rally to Rs 2,350 while NIIT Technologies may test Rs 700.
Ashwani Gujral of ashwanigujral.com recommends buying TV Today, UltraTech Cement and Tata Steel.
We believe that any correction from hereon should be used as an incremental buying opportunity as Q3FY18 earnings expectations and Budget expectations would influence investor sentiment.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Bharat Heavy Electricals with a stop loss of Rs 92.9 for target of Rs 100 and advises selling State Bank of India with a stop loss of Rs 312 and target of Rs 296 and a sell also on Kotak Mahindra Bank below Rs 993 with stop loss of Rs 1011 for target of Rs 965.
Ashwani Gujral of ashwanigujral.com suggests buying IGL, Godrej Properties and Chambal Fertilisers.
Rajat Bose of rajatkbose.com is of the view that one may buy Bharat Forge with a target at Rs 738-743.
Vishal Malkan of malkansview.com advises buying Bata India with a target of Rs 765.