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
Going ahead the volatility is expected to remain a part of intraday journey and traders will have to remain on toes, says Gaurav Bissa of Trustline Securities.
Here's what Malay Thakkar of GEPL Capital, recommends investors should do with these stocks when the market resumes trading today.
Stocks having strong fundamentals with improved and unique business outlook should be looked upon particularly.
Harendra Kumar of Elara Capital said given the overall robustness in earnings recovery, 2019 could well be a year of midcaps and smallcaps.
Increasing peaks of MACD histogram and sustainability of RSI in the bullish zone adds the conviction of buying the scrip around Rs 340.50 for the target of Rs 430 with the stop loss of Rs 305, says Shabbir Kayyumi of Narnolia Financial Advisors.
Shabbir Kayyumi of Narnolia Financial Advisors suggests taking stock-specific long position with strict stop loss levels
Vardhman Textiles was trading with volumes of 690,199 shares, compared to its five day average of 1,529 shares, an increase of 45,040.55 percent
Gaurav Ratnaparkhi of Sharekhan advises buying Dr Reddy's Lab with a target of Rs 2283.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank, Uflex and Delta Corp.
Ashwani Gujral of ashwanigujral.com suggests buying Godrej Consumer, HDFC, Hindustan Unilever, Raymond, Uflex, Avanti Feeds and Mahanagar Gas.
The midcap Index which was again the outperformer, up 1.29 percent led by Jain Irrigation Systems and Jaiprakash Associates while Bajaj Auto, ICICI Lombard General Insurance Company, MphasiS and Vedanta were some of few stocks that hit 52-week high on the NSE.
Ashwani Gujral of ashwanigujral.com suggests buying BPCL, Uflex and Vardhman Textiles.
The fall was largely aided by Reliance Industries which was down 0.68 percent. IndusInd Bank was the top Nifty loser down over 2 percent while Godrej Agrovet was the most active stock.
Ashwani Gujral of ashwanigujral.com recommends buying Uflex, Canara Bank and Escorts.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NIIT Technologies and Uflex and can sell Voltas.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Motilal Oswal and Uflex and feels that Sun TV should move towards Rs 940.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Uflex and sell Bharat Forge and Vedanta.
Ashwani Gujral of ashwanigujral.com suggests selling Bharat Forge and Union Bank of India and advises buying Uflex.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Bank, Interglobe Aviation, Gruh Finance, Uflex and Equitas Holdings.
Ashwani Gujral of ashwanigujral.com recommends buying Aditya Birla Nuvo, Grasim Industries and Uflex.
Ashwani Gujral of ashwanigujral.com recommends buying Balkrishna Industries, Uflex and PVR.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell JSW Steel and can buy Dewan Housing Finance, Mindtree and Uflex.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hexaware Technologies, Raymond and Uflex.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Uflex and sell Capital First..
Ashwani Gujral of ashwanigujral.com recommends buying Coromandel International, Uflex and CG Power.