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 S&P BSE Midcap index was down 0.76 percent and S&P BSE Largecap Index shed 0.78 percent, while Smallcap Index was up 0.48 percent last week.
The S&P BSE Midcap index shed 1.31 percent, Smallcap Index was down 0.90 percent and S&P BSE Largecap Index fell 0.59 percent last week.
Rajesh Agarwal of AUM Capital recommends buying Bandhan Bank with stop loss at Rs 367 and target of Rs 400, ICICI Bank with stop loss at Rs 309 and target of Rs 325 and SRF with stop loss at Rs 1754 and target of Rs 1838.
Traders can accumulate the stock in the range of Rs 212-217 for the target of Rs 243 with a stop loss below Rs 204, says Achin Goel of Bonanza Portfolio.
The momentum oscillator, relative strength index (RSI) has entered in a bullish crossover and currently staying above the 60 mark.
Rajesh Agarwal of AUM Capital recommends buying Divi's Laboratories with stop loss at Rs 1090 and target of Rs 1157, Reliance Industries with stop loss at Rs 1018 and target of Rs 1060 and Hindustan Unilever with stop loss at Rs 1690 and target of Rs 1749.
Rajat Bose of rajatkbose.com recommends buying Cox & Kings and CESC.
Top 10 stocks which could give up to 20% return in the next 3-4 weeks.
The Upper end of the channel is placed at 10,630. A breakout from the upper end of the channel can trigger short covering rally to levels of 10,720-10,820, being 50 percent and 61.8 percent Fibonacci retracement levels respectively.
Mitessh Thakkar of miteshthacker.com has a sell on Cummins India below Rs 880, stop loss of Rs 896 for target of Rs 850 and a buy on Godrej Consumer with a stop loss of Rs 962 for target of Rs 1015.
Sudarshan Sukhani of s2analytics.com advises buying Hindustan Zinc and Bharat Forge.
One needs to track sectors to identify emerging trends and companies within the sector that can leverage from the emerging trend.
Ruchit Jain of Angel Broking advises buying Bharat Forge with a target of Rs 1195.
Jay Thakkar of Anand Rathi Securities advises buying Indo Count Industries with a target of Rs 204.90.
Sudarshan Sukhani of s2analytics.com recommends buying L&T, Adlabs Entertainment and Cox & Kings while he advises selling Apollo Tyres and Bharti Infratel.
Citi maintains buy call on Titan with target unchanged at Rs 405 per share as ability to navigate volatility appears better than smaller peers. It is better protected from clampdown on black money/ regulations on gold.
According to Gaurang Shah, Head Investment Strategist at Geojit BNP Paribas, one may see upside in Cox & Kings.
According to Prakash Gaba of prakashgaba.com, Cox & Kings is looking weak.
Ashish Kyal of Waves Strategy Advisors advises buying Cox & Kings with a target of Rs 253.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today -- stocks expected to gain are HUL, Cox & Kings, Motherson Sumi, Reliance Communication, Bharti Infratel, IDBI Bank, Crompton Consumer, Cairn, Eros International while stocks expected to be under pressure are Yes Bank, TCS, SAIL, JSPL, Puravankara.
Ruchit Jain of Angel Broking recommends buying Cox & Kings with target of Rs 214 and IPCA Labs with target of Rs 604.
According to Sharmila Joshi of sharmilajoshi.com, one may hold Cox & Kings.
Rajat Bose of rajatkbose.com expects momentum to continue in Delta Corp and feels that Cox & Kings may hit Rs 196.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Cox & Kings, Motilal Oswal and Bharat Financial Inclusion.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Finance, Shriram Transport, Cox & Kings, Unichem Laboratories and Bank of Baroda.