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
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Bank with a stop loss of Rs 315, target of Rs 332, Reliance Industries with a stop loss of Rs 1200, target of Rs 1265 and Ajanta Pharma with a stop loss of Rs 1170, target of Rs 1225.
In terms of returns, the BSE Midcap and Smallcap indices saw a cut of 11 percent and over 14 percent so far in 2018, compared to an over 1 percent return in the Sensex.
The brokerage has lowered its rating on the stock to 'sell', and has cut its price target on it to Rs 707, which is four times the company's estimated EV/EBITDA for FY20.
10 stocks in LIC’s portfolio that have emerged as multi-baggers in the last one-year
Rajesh Agarwal of AUM Capital advises buying AIA Engineering with a target at Rs 1520.
According to Sharmila Joshi of sharmilajoshi.com, one may stay invested in HEG.
Interestingly, among the list, only three companies have been able to post positive topline and bottom line growth in each of the first three quarters of 2017.
Ashwani Gujral of ashwanigujral.com suggests buying IGL, Godrej Properties and Chambal Fertilisers.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy CESC and NMDC and can hold Yes Bank while one can sell Hindustan Petroleum Corporation.
According to Sudarshan Sukhani of s2analytics.com, one may buy State Bank of India, ICICI Bank and Larsen and Toubro.
A Large part of the rally was driven by short coverings after Moody’s upgrade tilted the sentiment in favour of bulls. The rating upgrade comes after a gap of 13 years - Moody's had last upgraded India's rating to 'Baa3' in 2004. In 2015, the rating outlook was changed to 'positive' from 'stable'.
Karnataka Bank, MOIL and Graphite India are on the radar of
Stocks which rose in the first six months of the financial year 2018 include socks like Indiabulls Ventures in the smallcap space led the rally, up 383 percent, followed by Toyam Industries which gained 368 percent, and HEG rose 333 percent.
Aarti Industries is one of the most competitive and a fully integrated Benzene derivatives specialty chemicals company
Ashwani Gujral of ashwanigujral.com advises buying Sun TV Network, Kotak Mahindra Bank and Yes Bank.
The RSI at 62 indicates a favorable buying regime coupled with continued uptrend momentum depicted by MACD at 52 above its Signal Line. Based on Fibonacci retracement a major support will be seen at 9807 and resistance level will be at 10137.
With PM Modi’s vision of making every Indian car electric by 2030, stocks of automakers and ancillary companies which produce electric parts or vehicles are likely to take off.
Kunal Saraogi of Equityrush is of the view that one may buy Ujjivan Financial with a target of Rs 375.
Traders might have to brace for tough days ahead of expiry on Thursday but any dips are a welcome opportunity for investors to go shopping for their favourite stocks
Kirloskar Brothers, Graphite India, Bharat Forge are on the radar of Anand Rathi
8 stocks are the radar of Anand Rathi Share and Stock Brokers
Graphite India,UPL,Bharat Forge, Max Financial Services,United Spirits and Glenmark Pharmaceuticals are on the radar of Anand Rathi Share and Stock Brokers
Most experts have a target of 32,000 – 33,000 on the S&P BSE Sensex which translates into an upside of about 5 percent. Investors will be better off staying with stocks which can outperform markets by a wide margin.
Gaurav Ratnaparkhi of Sharekhan advises buying Mercator with a target of Rs 24.90.
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