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
Rajesh Agarwal of AUM Capital recommends buying Bajaj Finance with stop loss at Rs 2198 and target of Rs 2350, NIIT Technologies with stop loss at Rs 1163 and target of Rs 1235 and Bandhan Bank with stop loss at Rs 498 and target of Rs 530.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Aurobindo Pharma with a stop loss of Rs 720 and target of Rs 755 and sell Equitas Holdings around Rs 131 with stop loss of Rs 136 and target of Rs 120.
The Sensex and Nifty rallied more than 9 percent each to scale new highs of 38,989.65 and 11,760.20 respectively in current week while the BSE Midcap index jumped over 8 percent and Smallcap climbed over 6 percent in two months.
We expect sideways to a bullish movement for coming session, within a range of 11,700 on higher side and 11,450 on the lower side, however, sector-specific action can be seen.
Prakash Gaba of prakashgaba.com suggests buying NBCC with target at Rs 80 and stop loss at Rs 71 and Maruti Suzuki with target at Rs 9300 and stop loss at Rs 9100.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland with a stop loss of Rs 118, target of Rs 126 and can sell HDFC with a stop loss of Rs 1945, target of Rs 1890 and Larsen & Toubro with a stop loss of Rs 1300, target of Rs 1240.
It is time to bid adieu to tactics of the likes of the brilliant T20 blasters Rohit Sharma and Eoin Morgan and welcome and adopt the sagacity of purists like Pujara and Alistair Cook.
“I do have a few substitutes to juice up the portfolio, if conditions change,” says Ayon Mukhopadhyay of IIFL Institutional Equities for UK and Europe
UBS said the relative valuation of small and midcaps suggest that optimism may be priced but not the uncertainties, despite the recent corrections.
Here is the list of 10 stocks that can give up to percent 76 percent return over 12-15 months.
"We like strong execution capability of management’s strategy. Our immediate price target for Equitas is Rs 191," says Shailendra Kumar, Chief Investment Officer at Narnolia Securities.
"The level of 10,300 i.e. upper band of Falling Channel might work as strong hurdle zone. Decisive break above this trendline would take Nifty further higher," says Rajesh Agarwal of AUM Capital
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Cummins, Arvind, Capital First and Equitas Holdings.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Canara Bank and can buy Equitas Holdings, Mahanagar Gas and Castrol India.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy HDFC Life, V Guard Industries and Cholamandalam Investment and can sell Equitas Holdings.
Mitessh Thakkar of miteshthacker.com recommends selling Equitas Holdings and advises buying Exide Industries at around Rs 199.
Kiran Jadhav of KiranJadhav.com advises buying SRF, Equitas Holding and UltraTech Cement.
According to Mitessh Thakkar of mitesshthakkar.com, one may buy Dabur India and Equitas Holdings.
Yogesh Mehta of MOSL suggests buying Zee Entertainment, Kotak Mahindra Bank and Equitas Holdings.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy Balrampur Chini Mills and Equitas Holdings.
Sandeep Wagle of powermywealth.com suggests buying Just Dial and Equitas Holdings.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy RBL Bank and Adani Ports and can sell SREI Infrastructure.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Adani Ports and sell Maruti Suzuki and Voltas.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Maruti Suzuki, Tech Mahindra and NTPC and can sell Equitas Holdings.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may stay with Equitas Holdings.