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
DHFL | Tube Investments | ICICI Bank | Mercator | Mphasis and Ambuja Cement are stocks, which are in the news today.
Amid rising complexity, Jefferies preferred to maintain hold rating on Future Retail.
On any bounce in prices, the Nifty index will face strong resistance around 10,250-10,300 levels.
Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, a rise of 4 points or 0.04 percent.
Here is a list of top five stocks which could give up to 16% return in the short term.
The Upper end of the channel is placed at 10,630. A breakout from the upper end of the channel can trigger short covering rally to levels of 10,720-10,820, being 50 percent and 61.8 percent Fibonacci retracement levels respectively.
Mitessh Thakkar of miteshthacker.com recommends selling Cipla with a stop loss of Rs 590 and target of Rs 564 and advises buying NIIT Tech with a stop loss of Rs 854 and target of Rs 900.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Firstsource Solutions and Future Lifestyle and can sell Dish TV.
The upper end of the channel is placed at 10630, and a breakout from the upper end of the channel can trigger a short covering rally to levels of 10720-10820 which is being 50 percent and 61.8 percent Fibonacci retracement levels respectively.
Sustaining above 10,550 levels on tradable basis Nifty can rally initially towards 10,720 and then 10,840 levels. On the downside, the index has support at 10,400 which was last week low and a break below the said level may trigger a decline towards 10,320 and then 10,230 levels, says Ashish Chaturmohta, Head of Technicals and Derivatives, Sanctum Wealth Management.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Reliance Naval and Eicher Motors and can buy Prestige Estates.
Ashwani Gujral of ashwanigujral.com recommends buying Natco Pharma, Aurobindo Pharma and Ajanta Pharma.
Ashwani Gujral of ashwanigujral.com recommends buying Hitachi Home, Motilal Oswal, NBCC, Tata Chemicals and Petronet LNG.
Ashwani Gujral of ashwanigujral.com advises buying Jubilant Foodworks, Future Consumer, Tata Chemicals and Raymond.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Eicher Motors.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com in which he shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Future Lifestyle, Container Corporation of India, Sun TV, Delta Corp and IIFL Holdings.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Future Lifestyle and UltraTech Cement and sell BPCL.
Ashwani Gujral of ashwanigujral.com suggests buying Future Consumer, Future Lifestyle and MCX India.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Jet Airways and UPL and buy Future Lifestyle.
Ashwani Gujral of ashwanigujral.com recommends buying Future Lifestyle, DLF and ICICI Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Engineers India, UltraTech Cement and Future Lifestyle.
Ashwani Gujral of ashwanigujral.com suggests buying BPCL, Gruh Finance and United Spirits.
Ashwani Gujral of ashwanigujral.com bets on financials and avoid IT and pharma stocks. Buy JSPL and sell TCs and HDIL," he adds.
Ashwani Gujral of ashwanigujral.com recommends buying Future Lifestyle Fashion, Mindtree, Karur Vysya Bank, Indiabulls Housing Finance and HDIL.