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 selling Tata Motors with stop loss at Rs 164 and target of Rs 157 and Motherson Sumi Systems with stop loss at Rs 134 and target of Rs 122.
Japanese brokerage firm Nomura says the Supreme Court judgment favours banks and is positive for SBI and ICICI Bank.
Experts expect stock-specific activity to continue and as it is a 'buy of dips' market, recommend buying quality stocks for better returns
Mitessh Thakkar, mitesshthakkar.com recommends buying Amara Raja Batteries with a stop loss of Rs 737 and target of Rs 770 and HDFC Bank with a stop loss of Rs 1259.5 for target of Rs 1300.
Ashwani Gujral of ashwanigujral.com recommends buying Axis Bank with a stop loss of Rs 728, target of Rs 750, HDFC with a stop loss of Rs 2200, target of Rs 2310 and State Bank of India with a stop loss of Rs 310, target of Rs 334.
A good set of numbers for the September quarter, consistent FII inflows should keep the market going up, say brokerages.
Mitesh Thakkar of Miteshthakkar.com is of the view that one may buy DLF with stop loss at Rs 185.5 and target of Rs 200.
FII remained net sellers last week as they sold equities worth Rs 1,272.41 crore.
The BSE and NSE will remain open for an hour on October 27 for the Muhurat Trading.
BSE Smallcap index declined 9 percent, BSE Midcap index down 2 percent, while BSE largecap index added 10 percent in last one year.
Dinesh Thakkar of Angel Broking said though MF inflows this year have slowed down, he was very confident that MF inflows will pick up from here on as market sentiment improves
Use add on dips strategy from henceforth as experts feel bull run has begun with the solid rally seen in second half of September.
After the mega booster, most brokerages raised their Sensex and Nifty target by 15-20 percent from September 19's closing levels and also raised earnings estimates for sectors such as banking & financials, FMCG, auto
Sectors with positive outlooks are real estate, small appliances and branded apparel, while outlook on autos, select staples and global commodities is more cautious.
Nifty is likely to remain in the range of 10,740–11,100 and a move on either side would dictate the further trend.
A sustainable move above 10,900 could propel the index back towards the high of 11,141 but for a much stronger base confirmation the index needs to clear the 11,200 mark
Top 10 stocks which can be considered for investment and may give hefty returns by next Ganesh Chaturthi
We continue to remain positive on the company over medium to longer term perspective and maintain our buy rating on the stock with a target price of Rs 2,820 per share.
The trend reversal in the index is not going to be easy this time as disappointment from the earnings has spread over the index majors as well
Despite the big names disappointing traders, there are stocks that have encouraged brokerages to raise target price on them
Ashwani Gujral of ashwanigujral.com recommends buying Adani Power with a stop loss of Rs 63, target of Rs 75 and Canara Bank with a stop loss of Rs 272, target of Rs 284.
HDFC Bank Limited is our top pick amongst the private sector banks. We re-initiate our coverage on HDFC Bank Limited with a BUY rating and target price of Rs 2820 per share.
We remain constructive on India's overall economic growth going forward and suggest that investors may continue to build equity exposure for the long term
Backed by the robust underwriting skills & prudence and the consistent track record of growth and profitability, HDFC Bank is our top pick amongst the private sector banks.
We do not expect a broad based rally (as witnessed in 2017) but select companies with improved financial performance, strong growth prospects, and sound management would outperform, Jayant Manglik said