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
Rajesh Agarwal of AUM Capital recommends buying Indo Count Industries with stop loss at Rs 83 and target of Rs 90, Axis Bank with stop loss at Rs 560 and target of Rs 595 and Reliance Nippon Life with stop loss at Rs 262 and target of Rs 278.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland with a stop loss of Rs 118, target of Rs 126 and can sell HDFC with a stop loss of Rs 1945, target of Rs 1890 and Larsen & Toubro with a stop loss of Rs 1300, target of Rs 1240.
Most economists expect the MPC to keep policy rates unchanged but its commentary would be a key thing to watch out for
Hadrien Mendonca of IIFL suggests buying SBI with a target Rs 315.
“If the Nifty holds 10,929 levels, it can bounce towards 11,000-11,020 levels.For the uptrend to continue, 11,080 needs to be taken out decisively,” says Ashish Chaturmohta of Sanctum Wealth Management
On a year-on-year basis, average AUM increased 19.8 percent (Rs 3.9 trillion) in June 2018
Ashwani Gujral of ashwanigujral.com advises buying Asian Paints with a target of Rs 1410.
Traders and investors may once again accumulate blue-chip stocks on dips around dual supports placed around 10,700 and 10,680, says Jaydeb Dey of Stewart & Mackertich Wealth Management Ltd.
Mitessh Thakkar of mitesshthakkar.com iis of the view that one can sell CESC with a stop loss of Rs 991, target of Rs 950, HDFC with a stop loss of Rs 1840, target of Rs 1790 and buy Bata India with a stop loss of Rs 799, target of Rs 855.
Global research firm CLSA is betting on HDFC attractive valuations as well as acceleration in earnings growth head.
CLSA has maintained Buy call on HDFC with a target price at Rs 2,200 per share, saying the housing finance company is among top picks in the sector.
Mitessh Thakkar of mitesshthakkar.com recommends buying Page industries with a stop loss of Rs 24900 and target of Rs 27000 and Marico around Rs 335 with stop loss of Rs 327 and target of Rs 351.
Rajesh Agarwal of AUM Capital recommends buying Infosys with stop loss at Rs 1197 and target at Rs 1246, a buy in Coal India with stop loss at Rs 274 and target of Rs 288 and a buy also in Housing Development Finance Corporation with stop loss at Rs 1775 and target at Rs 1845.
Here is a list of top three stocks that could deliver nearly 10 percent return.
Abhishek Mondal of Guiness Securities advises buying Bharat Petroleum Corporation with a target of Rs 438.
The market’s focus will increasingly shift to macros and earnings. India’s macros have weakened considerably in the past few months. It will have to likely contend with a weaker macro in CY18/FY19 versus CY17/FY18 given the likely higher inflation/interest rates and possibly higher current account deficit/weaker currency, Kotak Institutional Equities said in a recent note.
Here is the list of 10 stocks that can give up to percent 76 percent return over 12-15 months.
"HDFC is one of the quality names in the housing finance space. We are bullish on the prospects of the company for long term. At current market price, the company seems fairly valued," says Akash Jain, Vice-president, Equity Research at Ajcon Global Services.
"This is classis stock with lot of macro tailwinds and value unlocking through listing of subsidiaries we believe this stock is at strong wicket and any correction in HDFC is an opportunity to accumulate with target of Rs 2250," says Sumit Bilgaiyan, Founder of Equity99.
Rajesh Agarwal of AUM Capital recommends buying Jindal Steel & Power with target of Rs 263 and stop loss at Rs 245 and CESC with target of Rs 1078 and stop loss at Rs 1028.
Here is the list of top 17 stocks that can give up to 99% return.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Kotak Mahindra Bank, Shriram Transport Finance, Tata Global Beverage, HDFC, TCS, L&T and ACC and can sell CESC and Cummins India.
Mitessh Thakkar of miteshthacker.com recommends buying Castrol India with a stop loss of Rs 203.50 and target of Rs 214 and Cholamandalam Investment with a stop loss of Rs 1427 and target of Rs 1485.
Ashwani Gujral of ashwanigujral.com recommends buying NCC, Vedanta and IIFL Holdings.
Ashwani Gujral ashwanigujral.com is of the view that one may prefer HDFC, HDFC Bank, Monsters and NIIT Tech.