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
V-Guard Industries, Ajanta Pharma, Infosys and Titan Company among top names
Mitessh Thakkar of mitesshthakkar.com recommends buying Britannia Industries with stop loss of Rs 3204 and target of Rs 3350 and Divis Labs above Rs 1540 with stop loss of Rs 1524 and target of Rs 1575.
The S&P BSE Largecap was up 0.95 percent, while S&P BSE Midcap index and Smallcap Index were down 0.28 percent and 0.36 percent, respectively.
Any dip from hereon should be capitalised to accumulate quality defensive stocks amid Q3FY19 result season
Ashwani Gujral of ashwanigujral.com recommends buying Bharti Infratel with a stop loss of Rs 293, target of Rs 307, NIIT Tech with a stop loss of Rs 1295, target of Rs 1340 and Mindtree with a stop loss of Rs 897, target of Rs 920.
Sudarshan Sukhani of s2analytics.com recommends buying Dabur India with stop loss at Rs 426 and target of Rs 436 and HCL Tech with stop loss at Rs 960 and target of Rs 990.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India with stop loss at Rs 1145 and target of Rs 1170, Berger Paints with stop loss at Rs 322 and target of Rs 331 and HCL Tech with stop loss at Rs 955 and target of Rs 980.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries with a stop loss of Rs 1100, target of Rs 1175, Hindustan Unilever with a stop loss of Rs 1740, target of Rs 1775 and Axis Bank with a stop loss of Rs 670, target of Rs 695.
2019 is unlikely to be a good year for IT names as analysts are predicting slower global growth, especially in US and Europe
Irrespective of global or political set up on the domestic front, long-term investors should focus on stocks which can give earnings visibility, and have a high margin of safety with high corporate governance standards.
Ashwani Gujral of ashwanigujral.com recommends buying V Guard Industries with a stop loss of Rs 220, target of Rs 234, Dabur India with a stop loss of Rs 452, target of Rs 468 and Bank of India with a stop loss of Rs 94, target of Rs 106.
On profitability front, we expect company to report operating margins of around 22.9 percent in FY19E and 23.2 percent in FY20E., says a report by Anand Rathi.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Unilever with a stop loss of Rs 1830, target of Rs 1885 and HDFC with a stop loss of Rs 1950, target of Rs 2010.
Sudarshan Sukhani of s2analytics.com recommends selling Axis Bank with stop loss at Rs 627 and target of Rs 614, Syndicate Bank with stop loss at Rs 35.70 and target of Rs 33.30 and Jain Irrigation Systems with stop loss at Rs 67.05 and target of Rs 63.40.
Valuation of the broad market continues to be on the higher side and needs to settle as earnings growth is likely to downgrade further, says Vinod Nair of Geojit Financial Services.
We initiate our coverage on HCL Technologies with a BUY rating and target price of Rs 1182 per share, says a report by Anand Rathi.
The trend still remains to be on the downside and the next crucial support for the index is placed at 9950-9800 levels, suggest experts.
Jefferies maintained a hold rating with a target price of Rs 1090 which translates into an upside of 14 percent from current levels.
Macquarie has recently upgraded its Nifty50 target to 12,000 for March 2019. It expects largecaps to perform better than midcaps as the latter is still vulnerable from valuations and flows
Ashwani Gujral of ashwanigujral.com advises buying Adani Enterprises with a stoploss of Rs 148 and target of Rs 160.
As the market continues to observe weak cues on the global front, coupled with nervous sentiment among domestic investors, it is likely to keep Nifty index vulnerable in the short-term
Rajesh Agarwal of AUM Capital recommends buying CESC with stop loss at Rs 884 and target of Rs 935, Bandhan Bank with stop loss at Rs 458 and target of Rs 485 and AU Small Finance Bank with stop loss at Rs 599 and target of Rs 645.
As of now, mid-cap index is in “correction” and the small cap is in “rally attempt” till it breaches its recent lows
Indian markets are in the midst of a correction which is likely to extend further, according to experts and hence, there will be plenty of opportunities for investors to enter into quality stocks on declines
Sudarshan Sukhani of s2analytics.com recommends selling Can Fin Homes with stop loss at Rs 240 and target of Rs 218, Cummins India with stop loss at Rs 665 and target of Rs 635 and Sun TV with stop loss at Rs 625 and target of Rs 575.