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
Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints with stop loss at Rs 1825 and target of Rs 1890 and Pidilite Industries with stop loss at Rs 1540 and target of Rs 1645.
The short-term trend remains weak with support for Nifty is coming near 12000-11950 zone, experts say.
After the recent surge, we might see the broader indices taking a breather but there will be no shortage of opportunities on the stock-specific front so the focus should be more on stock selection.
Sudarshan Sukhani of s2analytics.com recommends buying Cadila Healthcare with stop loss at Rs 264 and target of Rs 279 and Colgate Palmolive with stop loss at Rs 1490 and target of Rs 1535.
Mitesh Thakkar of miteshthakkar.com recommends buying HDFC Bank with a stop loss below Rs 1282 for target of Rs 1340 and Maruti Suzuki with a stop loss of Rs 7290 for target of Rs 7500.
Sudarshan Sukhani of s2analytics.com advises buying Asian Paint with stop loss at Rs 1,760 and target of Rs 1,820.
If 11,800 levels get violated decisively on the downside then we might witness further sell-off in prices towards 11,700 levels as well.
Sudarshan Sukhani of s2analytics.com recommends selling Tata Motors with stop loss at Rs 164 and target of Rs 157 and Motherson Sumi Systems with stop loss at Rs 134 and target of Rs 122.
Sudarshan Sukhani of s2analytics.com recommends buying GAIL India with stop loss at Rs 120 and target of Rs 133 and Dr Reddy's Labs with stop loss at Rs 2900 and target of Rs 3050.
Mitesh Thakkar of miteshthakkar.com recommends buying Axis Bank with a stop loss of Rs 744.9 and target of Rs 780 and Bank of India with a stop loss of Rs 72.5 and target of Rs 78.5.
Ashwani Gujral of ashwanigujral.com advices selling Tata Steel with a stop loss of Rs 390, target of Rs 375.
Traders should use any dip for creating fresh longs as the current trend is likely to remain bullish with Nifty moving towards 11,750-11,800 levels in the coming sessions.
For the week, we expect the Bank Nifty to trade in the range of 28,000-26,500 with mixed bias.
The golden rule of investment is to pour money in stocks that are trading at attractive levels compared to their intrinsic value, thus allowing investors to create wealth over a period of time
Prakash Gaba of prakashgaba.com suggets buying Bajaj Auto Pharma with target at Rs 2810 and stop loss at Rs 2717.
Sun Pharma which reported healthy numbers in June quarter failed to hold onto gains and lost momentum largely due to growing concerns in US and management rejig
Considering Friday’s action, a possibility of some relief in the forthcoming week cannot be ruled out. In this scenario, 11,350 – 11,450 can be retested
Ashwani Gujral of ashwanigujral.com recommends buying Jubilant Foodworks with a stop loss of Rs 1230, target of Rs 1275 and Tata Global Beverage with a stop loss of Rs 259, target of Rs 271.
Deutsche's top picks are Torrent Pharma, Aurobindo Pharma and Cipla which all are buy calls.
But, comparatively, more companies have seen an EPS downgrade than an upgrade
A fresh trend in Bank Nifty can emerge only beyond 30200 on the higher side and below 29500 on the lower side.
Mitessh Thakkar of mitesshthakkar.com recommends buying Dr Reddy's Labs with a stop loss of Rs 2892 and target of Rs 3000 and advises selling Godrej Consumer Products with a stop loss of Rs 662 and target of Rs 625.
Ashwani Gujral of ashwanigujral.com recommends buying Adani Enterprises with a stop loss of Rs 138, target of Rs 150, L&T Finance Holdings with a stop loss of Rs 124, target of Rs 136 and Tata Steel with a stop loss of Rs 515, target of Rs 540.
Majority of brokerage houses turned positive on the stock, advising buying after the USFDA issued EIR for Duvvada facility.
V-Guard Industries, Ajanta Pharma, Infosys and Titan Company among top names