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
It is advisable to remain cautious and not venture into over-leveraged positions. Here is a list of top three stocks that could deliver returns of up to 8-10 percent.
"The stock can be bought at current level and on dips to Rs 1,110 with a stop loss below Rs 1,080 and a target of Rs 1,250 levels," says Ashish Chaturmohta, Head Technical and Derivatives at Sanctum Wealth Management.
"The immediate resistance is seen at 10,850 levels. On the downside, the immediate support for the index is seen at 10,690 levels. Breaking below this level, the index may test 10,614 levels," says Ashish Chaturmohta, Head Technical and Derivatives at Sanctum Wealth Management.
Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management said the upside resistance for the Bank Nifty is placed around 25,750 levels and downside pivotal support at around 25,340 levels.
" The daily Relative Strength Index (RSI) of Colgate is showing upward momentum and the MACD is trading with positive crossover whereas +DI just started the journey above –DI," says Abhishek Mondal of Guiness Securities.
Here is a list of top five stocks which could give up to 14% return in short term.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Motherson Sumi with a target of Rs 290.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell PNB and Capital First and can buy Mindtree, Colgate Palmolive and Titan Company.
The latest analysis and commentary by stock market guru Ashwani Gujral of ashwanigujral.com on what is moving the markets today. Check out his top stock recommendations.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Colgate Palmolive and can sell Bharat Electronics and Adani Ports.
Sandeep Wagle of powermywealth.com is of the view that one can buy KPIT Technologies and sell Colgate Palmolive.
Prakash Gaba of prakashgaba.com is of the view that one may hold Colgate Palmolive.
According to Gaurang Shah of Geojit Financial Services, one may exit Colgate Palmolive.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy KPIT Technologies and Colgate Palmolive and can sell BEML and India Cements.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell PNB and HPCL and can buy Hexaware, Infosys, Jubilant Foodworks and Sun Pharma.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports, Colgate Palmolive and Indiabulls Housing Finance and can hold L&T Infotech and TCS.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Asian Paints, Colgate and Interglobe Aviation and can sell Union Bank of India and SREI Infrastructure.
Prakash Gaba of prakashgaba.com recommends buying DLF with target at Rs 260 and stop loss at Rs 237, a buy on Larsen & Toubro with a target at Rs 1256 and stop loss at Rs 1222 and a buy also on NIIT Tech with target at Rs 660 and stop loss at Rs 662.
Mitessh Thakkar of miteshthacker.com suggests buying Wipro, Colgate Palmolive, NCC and PVR.
Mitessh Thakkar of mitesshthakkar.com suggests buying India Cements, Colgate Palmolive and Marico.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy BPCL, HPCL, Yes Bank, Colgate Palmolive and Maruti Suzuki and can sell Bharti Infratel.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HPCL, Sun TV Network, Tata Consultancy Services and Bata India and can sell Canara Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell ICICI Prudential Life and Adani Port.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Ashok Leyland, Bharat Financial and Colgate Palmolive.
The Sensex ended at 33,250.30, rising 1.27 percent over previous week while the Nifty ended with a gain of 1.42 percent at 10,265.65 in the week gone by.