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
We advise traders to maintain a bullish view on the market and suggest focusing more on stock selection and trade management
Mitesh Thakkar of miteshthakkar.com recommends buying BPCL with a stop loss of Rs 533 for target of Rs 570 and NCC with a stop loss of Rs 59 for target of Rs 65.
Traditional wholesale lost half of its revenue share after demonetisation and GST, while modern trade and e-commerce have made significant gains, Centrum Broking has said.
Dabur India maintained its FY20 guidance of mid-to-high single-digit volume growth.
Nifty is expected to trade in range of 11,700-10,700 levels for the month of October 2019 with mixed bias.
Use add on dips strategy from henceforth as experts feel bull run has begun with the solid rally seen in second half of September.
According to Kotak Institutional Equitie , companies under its universe may see 0-18 percent earnings growth in the current financial year.
Rural market, accounting for 45 percent of overall revenue of the FMCG sector, is one of the key contributors to India’s FMCG growth story.
The immediate hurdle for the index is 11,150, and if we close above this levels then we could further witness short covering which could take the index higher towards 11,200-11,250 levels.
Umesh Mehta, Head of Research, Samco Securities said the first year of any government is generally turbulent and it may not really cheer the stock market
The market is near strong support and we may see a pullback rally. Our advice, therefore, would be to avoid going short from here.
Next support for the market is seen at 11,000-10950 levels. Breaking below this, the next level is at 10,800.
The fall of July series was mainly led by selling pressure from foreign institutional investors (FIIs) desk. They cumulatively sold equities worth Rs. 13,035 crores in July series.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India with stop loss at Rs 1295 and target of Rs 1340 and Hindustan Unilever with stop loss at Rs 1710 and target of Rs 1755.
Despite the big names disappointing traders, there are stocks that have encouraged brokerages to raise target price on them
Any move below strong support zone of 11,300-11,350 will trigger a move towards 11,100 where 200 DMA and line of parity is placed
Breaking below 11,460, a decline towards 11,350 can be seen where weekly rising trend line connecting lows of 10,005 and 10,586 comes
Ashwani Gujral of ashwanigujral.com recommends selling Jindal Steel & Power with a stop loss of Rs 134, target of Rs 126, Raymond with a stop loss of Rs 710, target of Rs 685 and Hero MotoCorp with a stop loss of Rs 2430, target of Rs 2350.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India with a stop loss of Rs 360, target of Rs 374 and Bharti Airtel with a stop loss of Rs 348, target of Rs 364.
Most experts feel the government could focus more on infrastructure and rural spending, which are key areas to bring growth back on track
The global investment bank expects a growth in sales for consumer companies from 4QFY20E partly driven by softer comps
A sustained move above 11,620-11,590 can trigger short covering rallies to levels of 11,830-11,870.
The market participants would keep an eye on the RBI’s monetary policy (on June 6) as it would provide further direction to the market
DHFL | Tube Investments | ICICI Bank | Mercator | Mphasis and Ambuja Cement are stocks, which are in the news today.
Mitessh Thakkar of mitesshthakkar.com recommends buying Bajaj Finserv with a stop loss of Rs 7594 and target of Rs 7740 and HCL Tech with a stop loss of Rs 1120 and target of Rs 1175.