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
National Fertilizers is currently trading above all crucial moving averages, indicating a positive bias. Additionally, momentum indicators suggest a favourable outlook for further upward movement.
Confidence Petroleum is in a classical up move, as it has given a breakout of long consolidation in the last trading session on robust volumes and surged above all the important simple moving averages, indicating inherent strength in the counter.
Nandish Shah of HDFC Securities believes that short term trend of the Nifty turned negative and, therefore, advises investors to remain cautious till it closes above 17,900.
FM Nirmala Sitharaman on May 15 announced 11 measures to boost the sector, ranging from the amendment of Essential Commodities Act to a Rs 1 lakh crore fund to boost agriculture infrastructure.
The risks to portfolio would be geopolitical tension and global recession (as there are expectations of economy slowdown in US and Europe), Edelweiss said.
Ashwani Gujral of ashwanigujral.com advises buying Jubilant Foodworks, Escorts and Tata Sponge.
Edelweiss has maintained its buy call on Prabhat Dairy with a target price of Rs 211 per share, implying 32 percent potential upside over its Monday's closing price.
SIS, HPCL and Heritage Foods, among others, being tracked by analysts on Tuesday.
Ashwani Gujral of ashwanigujral.com recommends buying Heritage Foods, NBCC, Hexaware Technologies, BPCL, Wipro, Amara Raja Batteries and Shriram Transport Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indraprastha Gas, MOIL and Ceat and can hold Gravita India.
Ashwani Gujral of Ashwanigujral.com advises buying Reliance Industries, Tata Sponge iron and Britannia Industries.
The bad has been done or negligible is being left, one should start accumulating good quality and cheap valuations steps available in the market, says Dyaneshwar Padwal – AVP – Technical Analysis, KIFS Trade Capital to Moneycontrol.
Moneycontrol analyzed the fundamental parameters of some of India’s most renowned dairy companies over a five-year period to determine the best performers across a series of financial variables.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Finserv, Tata Steel, Sun Pharmaceutical Industries, Heritage Foods and Jaiprakash Associates.
Ashwani Gujral of ashwanigujral.com recommends buying Edelweiss Financial Services, Heritage Foods and Vedanta.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Maruti Suzuki and buy Infosys and Heritage Food.
Ashwani Gujral of ashwanigujral.com is of the view that Maruti Suzuki should make new highs.
According to Sudarshan Sukhani of s2analytics.com, one can buy Ashapura Intimates Fashion and Heritage Foods and advises selling Divis Labs and Engineers India.
Ashwani Gujral of ashwanigujral.com recommends buying Heritage Foods and Bajaj Finserv and advises selling Engineers India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Heritage Food, Escorts and UPL.
Ashwani Gujral of ashwanigujral.com recommends selling Bharti Airtel and IndusInd Bank and advises buying Heritage Food.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Heritage Foods and Bajaj Finance and sell Larsen & Toubro.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sundram Fasteners, Heritage Food and IIFL Holdings.
Avinash Gorakshakar, Market Expert is of the view that one may buy Heritage Foods on dips.
According to Prakash Gaba of prakashgaba.com, one may hold Heritage Foods.