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
If Nifty slips below its 20-DMA of 19,600, it might indicate a correction towards 19,300-18,888 levels.
Be light on positions, keep strict stop-loss orders, and book profits at regular intervals, advise experts. “It's always better to be safe than sorry,” says one analyst. In the meantime, they present a list of 10 stocks that you can consider.
Rusmik Oza of Kotak said high expectations from the Budget could lead to a good start for Indian equities in 2020.
FII remained net buyers in the last week as they bought equities worth Rs 3213.17 crore, while Domestic Institutional Investors (DII) also bought equities worth of Rs 2184.81 crore.
After the recent correction, valuations of Indian market have come down to a reasonable level which should give motivation to investors to accumulate quality stocks on declines.
Nifty@10,000 is more of a psychological level than anything else. The only concern is that at this level, markets are fairly priced but that does not mean it is on the verge of a big correction.
The risk-to-reward ratio will be more favourable for stocks which have not attracted too much of interest which could be due to the sector or stock-specific reasons.
Cummins, TCS and DB Corp, among others are on analysts' radar on Thursday.
Credit Suisse stays outperform rating on L&T and Sadbhav Engineering. It has outperform rating on L&T on pick-up in domestic execution, strong earnings growth.
Citi upgrades Sun TV to buy and Zee Entertainment to neutral. It prefers Dish TV at current valuations, retaining buy call on the stock.
According to Mitesh Thacker of miteshthacker.com, one may buy Snowman Logistics, Bharat Electronics, Jain Irrigation Systems, Sharda Cropchem and DB Corp.
Jefferies maintains underperform rating on Tata Steel, SAIL and JSW Steel as domestic steel demand was steady in November despite demonetisation.
Morgan Stanley is underweight on Wipro with target price at Rs 460 per share stating that growth is weakest among large peers that may keep valuation low.
Nomura reiterates buy on YES Bank with a target price of Rs 1510 per share. Retail momentum building plus asset quality performance better than peers
Kunj Bansal of Centrum Wealth Management is of the view that one can buy DB Corp and Techno Electric.
According to Rohit Dokania, Media Analyst at IDFC Securities, one may buy Zee Entertainment Enterprise, PVR, Jagran Prakashan and DB Corp.
Rohit Dokaniya, Media Analyst at IDFC Securities says the industry leaders will outperform the industry by 200-300 basis points (bps).
Here‘s a list of ten 10 stocks that are in focus today on the back of their quarterly earnings that came over the weekend and other major developments.
Lancelot D Cunha of Sharyans Wealth Management recommends buying SKS Microfinance and advises selling Exide Industries January Future for a target of Rs 98.
Krish Subramanium of Asit C Mehta Investment advises buying Liberty Shoes for a target price of Rs 159 and Helios and Matheson for a target price of Rs 127.50.
Dhananjay Sinha of Emkay Global Financial Services is overweight on IT and pharmaceuticals space.
Aashish Tater of FortuneWizard.com recommends going long on Power Finance Corporation (PFC) for a target of close to Rs 135 and a stop loss of Rs 125 and advises selling UCO Bank.
Aashish Tater of FortuneWizard.com advised going long on Power Finance Corporation (PFC) with a target price of Rs 135 and keep a stoploss at Rs 125.
Surendra Goyal of Citi India says Dish TV as one of the top picks. We have a sell on Zee Entertainment Enterprises.
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