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
According to experts, the Nifty 50 is likely to march towards the 24,300-24,500 zone if it manages to hold above 24,100 in the coming sessions. However, breaking below 24,100 could drag it down towards the 24,000-23,900 zone. Here are some trading ideas for the near term.
Experts expect the momentum to sustain in the coming weeks, too, with immediate resistance at 22,500-22,600, followed by the medium-term target of 23,000, provided it holds the upward sloping resistance trendline
Primary trend of HSIL is positive as it is trading above its all short and long-term moving averages. Momentum oscillators like RSI and MFI are placed above 60 and rising upwards, indicating strength
Primary trend of HSIL share price is positive as it is trading above its 100 and 200 day EMA. Oscillators like RSI and MFI (money flow index) are showing strength in the current uptrend of the stock.
Here's what Mehul Kothari of Anand Rathi Shares & Stock Brokers, recommends what investors should do with these stocks when the market resumes trading today.
One could be long on Nifty with the stop loss of 11,500. A breach above 11,761, could push Nifty towards targets 12,000 and 12,430
Here is a list of top 10 stocks which can return up to 35 percent in the next 12 months. For simplicity, we have taken stocks which have a market cap of less than Rs 10,000 crore.
The house expects CAGR of 15 percent to Rs 154 crore over FY 2017-20E owing to improvement in operating margins. The firm recommends a Buy with a target price of Rs 510.
FY19 promises to be a volatile year for equity markets with indices moving 10-20% in either direction. There are plenty of global headwinds which might arrest the liquidity flow while on the other hand uncertainty around general elections, rising crude oil prices, as well as state election, rate action by the central bank is likely to cap upside.
“We believe, that the investor in the age bracket of 35-40 years should allocate at least 70-75 percent of his portfolio into equities/MFs, 20-25% in fixed income and the balance should be in cash,” Sandeep Chordia, Executive Vice-President - Strategy, Kotak Securities told Moneycontrol.
The Goods and Services (GST) Council, which met in Guwahati for a 2-day meet starting Thursday of last week, has decided to keep only 50 luxury and 'sin' goods like tobacco in the highest slab.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Mahindra & Mahindra Financial Services and buy Sun Pharmaceutical Industries, Tata Steel, Voltas and Page Industries.
Ashwani Gujral of ashwanigujral.com suggests buying HSIL, Hindustan Unilever and Colgate Palmolive.
According to Ashwani Gujral of ashwanigujral.com, one can buy Radico Khaitan, HSIL and Raymond.
Ashwani Gujral of ashwanigujral.com advises buying Vedanta, HSIL and Brigade Enterprises.
Mitessh Thakkar of mitsshthakkar.com advises selling Sell Bajaj Auto and Andhra Bank.
Ashwani Gujral of ashwanigujral.com advises buying HSIL, Repco Home Finance and suggests selling Bharat Financial and Bank of India.
Kunal Saraogi of Equityrush is of the view that one may buy Motherson Sumi Systems with a target of Rs 490.
Ruchit Jain of Angel Broking is of the view that one may buy Ajanta Pharma with a target of Rs 1745.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Pidilite Industries, REC, Tata Motors and HSIL.
Ruchit Jain of Angel Broking recommends buying Sun Pharma for target of Rs 808 and Havells India with target of Rs 447.
Sameet Chavan of Angel Broking is of the view that one may buy SAIL with a target of Rs 49.
Mitesh Thacker of miteshthacker.com advises buying Bharat Forge, HSIL and Aptech.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Anant Raj and HSIL and advises selling Just Dial.
Manas Jaiswal of manasjaiswal.com is of the view that one may buy Granules India with a target of Rs 135.