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
Prakash Gaba of prakashgaba.com suggests shorting Bata India and Coal India.
With the Union Budget to be announced next week it is advisable to remain cautious and sticking to stock specific activity should be adhered to in the short term.
Prakash Gaba of prakashgaba.com is of the view that one can buy Coal India, Dish TV and DHFL and can sell Bank of Baroda.
Prakash Gaba of prakashgaba.com feels that Coal India can slide to around Rs 290.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Aurobindo Pharma and Coal India.
Morgan Stanley feels APA with US Internal Revenue Service could positively impact FY19/20 EPS by up to 1 percent. The research house has Equalweight rating on the stock with target at Rs 1,028 per share.
Watch the interview of SP Tulsian of sptulsian.com with Anuj Singhal, Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on fundamentals of market and specific stocks.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Asian Paints, Coal India and Escorts and can hold State Bank of India and Mindtree.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Reliance Naval and Eicher Motors and can buy Prestige Estates.
Vijay Chopra of enochventures.com advises buying NMDC with a and target of Rs 146.
Morgan Stanley has maintained its overweight rating on HDFC Bank, with increased target price at Rs 2,500 from Rs 2,200 per share as HDFC Bank remains a compounder with earnings rising at more than 20 percent.
Mitessh Thakkar of miteshthacker.com recommends buying Yes Bank and Bajaj Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy DLF, Infosys and HCC and hold Coal India and can sell HDIL.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy La Opala and sell Bata India and Bajaj Finance.
At the current juncture, 10,000 put and 10,500 call options are attracting trader’s attention and will remain in a range for the index for the few sessions.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Morepen Labs and Interglobe Aviation and can sell Coal India.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Tata Global Beverage.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Shriram Transport Finance Corporation and can sell Axis Bank and Muthoot Finance.
Yogesh Mehta of Motilal Oswal recommends buying Hindustan Unilever, Coal India and Tata Elxsi.
L&T, Godrej Consumer and Pharma, among others, are on investors’ radar on Wednesday.
Almost 52 percent of IPOs listed on the bourses in the last 10 years has given a negative return and only 48 percent survived the bull and the bear cycles. Out of 48 percent, nearly 100 companies gave a return ranging from 100 percent to 6000 percent.
Motilal Oswal continued to like Power Grid and NTPC, being regulated, and offering strong earnings growth potential and good visibility.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, Indo Count Industries, Ajanta Pharma and RBL Bank and can sell Tata Motors.
Ashwani Gujral of ashwanigujral.com has a buy on Indocount Industries with a stop loss of Rs 118, target of Rs 130 and a buy on Asian Paints with a stop loss of Rs 1160, target of Rs 1240 whilehe advises selling Reliance Infra with a stop loss of Rs 425, target of Rs 400.
On a month-on-month (MoM) basis, the weight of PSU Banks, Oil & Gas, Telecom, Consumer, Infrastructure and Real Estate increased, while that of Private Financials, Technology and Metals showed signs of moderation, Motilal Oswal said in a report