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 Tata Chemicals with stop loss at Rs 581 and target of Rs 610, Godrej Consumer Products with stop loss at Rs 709 and target of Rs 725 and Interglobe Aviation with stop loss at Rs 1305 and target of Rs 1342.
Ashwani Gujral of ashwanigujral.com
Sudarshan Sukhani of s2analytics.com recommends buying Tech Mahindra with stop loss at Rs 800 and target of Rs 820 and Interglobe Aviation with stop loss at Rs 1050 and target of Rs 1180.
Brent crude futures, the international benchmark for oil prices, have slipped around 30 percent since early October to trade around $60 a barrel from around $86 a barrel
Rajat Bose of rajatkbose.com recommends buying Cadila Healthcare with stop loss below Rs 350.80 for target of Rs 356.90 and Colgate Palmolive with stop loss below Rs 1259.90 for targets of Rs 1299 and Rs 1308.
Hindalco, Maruti Suzuki and ICICI Bank are among the big Nifty names that Motilal Oswal is placing its bet on, this Diwali.
Sudarshan Sukhani of s2analytics.com suggests buying ACC with stop loss at Rs 1505 and target of Rs 1580 and HCL Technologies with stop loss at Rs 1070 and target of Rs 1100.
Prakash Gaba of prakashgaba.com suggests buying India Cements with target at Rs 133 and stop loss at Rs 124, ITC with target at Rs 325 and stop loss at Rs 315 and Sun Pharma Advanced with target at Rs 425 and stop loss at Rs 390.
While early analysis suggested the high volume growth could have been just a base impact, a deep dive into the numbers shows it is not so.
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.
Brokerage houses are mixed in their ratings as some have downgraded the stock due to high valuations and some retained ratings. But all brokerage houses raised target prices on the stock.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Britannia Industries with a target Rs 6540.
Mitesh Thacker of miteshthakkar.com suggests buying Havells India with a stop loss of Rs 556 and target of Rs 585 and Reliance Industries with a stop loss of Rs 1014 and target of Rs 1090.
The stock has also managed to sustain above its short-term averages. Every decline in such a solid up trending stock should be an opportunity to accumulate, says Hadrien Mendonca of IIFL.
The Nifty Metal index is placed at a make or break point. Our weekly chart analysis indicates that the index has reached the declining trend line support zone of 3,330.
Rajesh Agarwal of AUM Capital recommends buying Kotak Mahindra Bank with stop loss at Rs 1325 and target of Rs 1355 and Larsen & Toubro with stop loss at Rs 1210 and target of Rs 1262.
At a time when most companies are struggling to show a consistent track record of growth, these 13 stocks are priced to perfection at current levels in comparison to return on capital employed (RoCE).
We recommend buying the stock in the range of Rs 1,163-1,145 with target of Rs 1,230 and stop loss of Rs 1,115 with return of 5 percent, says Rajesh Palviya of Axis Securities.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Cipla with stop loss at Rs 605 and target of Rs 635, Kotak Mahindra Bank with stop loss at Rs 1300 and target of Rs 1360 and Godrej Consumer Products with stop loss at Rs 1160 and target of Rs 1190.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Can Fin Homes with stop loss at Rs 348 and target of Rs 333 and also sell Ceat with stop loss at Rs 1322 and target of Rs 1262 while one can buy Godrej Consumer Products with stop loss at Rs 1155 and target of Rs 1185.
Investors are advised to remain cautious and watch out for two levels: 10,770 on the upside and 10,550 on the down.
For the week, Axis Securities expects the index to trade in a 10,550-10,820 range.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy Bajaj Auto with a target of Rs 2980.
"Weakness in the market may continue for the next few days," says Achin Goel, Head of Wealth Management and Financial Planning, Bonanza Portfolio
Sudarshan Sukhani of s2analytics.com recommends buying Mahindra & Mahindra with stop loss at Rs 820 and target of Rs 850, a buy in Mindtree with stop loss at Rs 1020 and target of Rs 1065 and a buy also in Godrej Consumer Products with stop loss at Rs 1090 and target at Rs 1135.