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
A strong advance-decline ratio in the consolidating market indicates the chances of an upward trend sooner or later.
Nifty future rollover data till June expiry is 80 percent, which is higher than last month’s rollover data of 71 percent as well as greater than 3 month’s average rollover of 77 percent indicating strong trading interest ahead of the Budget
Traders can accumulate the stock in a range of Rs 370-375 for the upside target of Rs 415 with a stop loss below Rs 342, says Shitij Gandhi of SMC Global Securities.
The recent fall is an opportunity to add quality stocks in portfolio which are expected to give smart return over a period of 12-18 months, experts said.
Rajesh Agarwal of AUM Capital recommends buying Hindustan Petroleum Corporation with stop loss at Rs 198 and target of Rs 220, Dredging Corporation with stop loss at Rs 327 and target of Rs 355 and Graphite India with stop loss at Rs 855 and target of Rs 900.
Rajesh Agarwal of AUM Capital advises buying AIA Engineering with a target at Rs 1520.
Kunal Saraogi of Equityrush advises buying Voltas with a target of Rs 640.
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.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy United Breweries and Dredging Corporation and can sell TVS Motor.
Ashwani Gujral of ashwanigujral.com recommends buying Dredging Corporation, DLF and Motilal Oswal.
Rajat Bose of rajatkbose.com feels that Maruti Suzuki may test Rs 9765.
Gaurav Ratnaparkhi of Sharekhan advises selling Oriental Bank of Commerce Future with a target of Rs 120.50.
Vishal Malkan of malkansview.com is of the view that one may buy Tech Mahindra with a target of Rs 525.
Ashwani Gujral of ashwanigujral.com is of the view that one may hold Dredging Corporation.
Ashwani Gujral of ashwanigujral.com recommends buying Britannia Industries, Petronet LNG, Vedanta, Coromandel International and TVS Motor Company.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Dredging Corp, India Cements and Kotak Mahindra Bank.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Ceat with a target of Rs 1885.
Sandeep Wagle of powermywealth.com recommends buying India Cements and Dredging Corporation.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Fortis Healthcare and Dredging Corporation and can sell Exide Industries, PTC India and ONGC.
Ashwani Gujral of ashwanigujral.com feels that Dredging Corporation may move to Rs 950.
Ashwani Gujral of ashwanigujral.com recommends buying Balkrishna Industries, Uflex and PVR.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Dredging Corporation India and PTC India and sell Infibeam Incorporation.
Ashwani Gujral of ashwanigujral.com suggests buying Dredging Corporation, Ceat and VIP Industries.
Ashish Kyal of Waves Strategy Advisors advises buying Natco Pharma with a target of Rs 965.
Jay Thakkar of Anand Rathi Securities is of the view that one may buy Alembic with a target of Rs 48.70.