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
The S&P BSE Midcap index slipped 0.57 percent for the week ended May 17 while the S&P BSE Smallcap index was down 1.5 percent in the same period.
Bajaj Finance holds the unique distinction of featuring in the top 10 of both biggest and the fastest wealth creators.
PE multiple is widely used as a valuation tool that helps in screening a stock on a relative basis.
Bulls were in charge of D-Street in an action-packed week. Benchmark indices broke above key resistance levels on strong results from India Inc. except for Axis Bank. Falling rupee kept the IT and pharma pack buzzing.
"Nifty is likely to retest 10,650-10,670 levels on upside i.e. Inner Trendline which might work as immediate hurdle zone," says Rajesh Agarwal of AUM Capital.
Here is a list of top three stocks which can give up to 10% return in the short term.
Here is a list of top 10 ideas priced less than Rs 1,000 which can deliver up to 17% return in the short-term.
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 60 points or 0.57 percent. Nifty futures were trading around 10,443-level on the Singaporean Exchange.
"The scrip is currently holding resistance level at Rs 383.3 on its pivot points and support level at Rs 288. We have a buy recommendation for Indiabulls Venture which is currently trading at Rs 317.35," says Dinesh Rohira, Founder & CEO at 5nance.com.
Vishal Malkan of malkansview.com is of the view that one may buy Tech Mahindra with a target of Rs 525.
Stocks which rose in the first six months of the financial year 2018 include socks like Indiabulls Ventures in the smallcap space led the rally, up 383 percent, followed by Toyam Industries which gained 368 percent, and HEG rose 333 percent.
The RSI at 62 indicates a favorable buying regime coupled with continued uptrend momentum depicted by MACD at 52 above its Signal Line. Based on Fibonacci retracement a major support will be seen at 9807 and resistance level will be at 10137.
Vishal Malkan of malkansview.com suggests buying Arvind with a target of Rs 425.
Sameet Chavan of Angel Broking is of the view that one may buy Jindal Saw with a target of Rs 124.
According to Prakash Gaba of prakashgaba.com, one may hold Indiabulls Ventures.
Ruchit Jain of Angel Broking suggests buying Siemens with a target of Rs 1427.
According to Prakash Gaba of prakashgaba.com, one may hold Indiabulls Ventures.
In an interview to CNBC-TV18, Prakash Diwan, Investment Evangelist at prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
Krish Subramanyam of Altamount Capital is of the view that one can buy Indiabulls Real Estate and Federal Bank.
According to Pankaj Jain of Sunteck Wealthmax Capital, one may go long on Aurobindo Pharma, DB Realty and Indiabulls Securities.
Pankaj Jain of Sunteck Wealthmax Capital advises buying Aurobindo Pharma with a target price of Rs 227 and DB Realty with a target price of Rs 71.50.
Manav Chopra of Nirmal Bang recommends buying Indiabulls Securities with a target of Rs 16 and Idea Cellular with a target of Rs 195.
Vishal Malkan of malkansview.com advises selling Rural Electrification Corporation October future with a target price of Rs 184 and Indiabulls Real Estate October future with a target price of Rs 60.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com picks Indiabulls Securities as his multi-bagger idea for the day. According to Tulsian, Indiabulls Securities looks a penny stock or maybe a little risky one but can be bought with a price target of Rs 15 in next twelve months or so.
In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares trading strategy of the day.