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
Based on the broader formation of the market, it would now be a very tough task for Nifty to cross 11,760, before the outcome of election results
Around 134 out of 776 smallcap stocks closed in the green and out of which top 10 stocks rallied between 8 percent and 33 percent
DHFL | Tube Investments | ICICI Bank | Mercator | Mphasis and Ambuja Cement are stocks, which are in the news today.
Sudarshan Sukhani of s2analytics.com recommends buying Kotak Mahindra Bank with stop loss at Rs 1355 and target of Rs 1395 and Infosys with stop loss at Rs 732 and target of Rs 745.
Since Nifty could not sustain opening level and traded below the weekly pivot point (11,670), which acted as a stiff resistance through the last week, it must sustain above 11,670 for further upside action
Sudarshan Sukhani of s2analytics.com recommends buying Mahindra & Mahindra with stop loss at Rs 660 and target of Rs 675, Divis Labs with stop loss at Rs 1698 and target of Rs 1730 and United Spirits with stop loss at Rs 536 and target of Rs 565.
Morgan Stanley is amongst them advising a buy on banks, especially those which bore the brunt of the latest non-performing loan cycle.
Sudarshan Sukhani of s2analytics.com recommends buying ONGC with stop loss at Rs 156 and target of Rs 162, Maruti Suzuki with stop loss at Rs 7120 and target of Rs 7200 and Mahindra & Mahindra with stop loss at Rs 658 and target of Rs 672.
The global investment bank is of the view that going forward, the two major events that will give a new direction to the market are Q4FY19 results and the outcome of the central elections.
Rate cut usually acts as a sentiment booster and aid companies that have to service large debts
The global investment bank expects returns to be driven largely by earnings with potential valuation overshoot in the near-term.
Morgan Stanley, which expects the Sensex at 42,000 by December 2019, said the market could start pricing in a stronger election outcome in the coming weeks causing the Nifty to break its four-month range to the upside.
Sudarshan Sukhani of s2analytics.com recommends buying Sun Pharma with stop loss at Rs 438 and target of Rs 458, ICICI Bank with stop loss at Rs 348 and target of Rs 360 and Britannia Industries with stop loss at Rs 3020 and target of Rs 3130.
The domestic brokerage firm expects the Nifty EPS to grow 9 percent in FY19 and 27 percent in FY20.
Morgan Stanley feels large banks are relatively less exposed to IL&FS, telecoms, NBFCs,and real estate.
Mitessh Thakkar of mitesshthakkar.com recommends buying Arvind with a stop loss of Rs 89.5 and target of Rs 95 and ICICI Bank with a stop loss of Rs 360 and target of Rs 378.
A breakout of descending trend line on lower time frame will occur only above 10,881, suggesting a tight range for the index—10720 to 10881
Volatility is likely to increase further as we approach Interim Budget, suggest experts and investors should be prepared for sudden movements on either side
Mitessh Thakkar of mitesshthakkar.com recommends buying Dr Reddy's Labs with a stop loss of Rs 2592 and target of Rs 2680, Lupin with a stop loss of Rs 851.5 and target of Rs 890 and Finolex Industries with a stop loss of Rs 547 and target of Rs 585.
Prices are trading with higher top and higher bottom formation and can be bought for short term gain.
In coming days, 100-day Moving Average (10,856) will act as a major resistance as bulls have failed to surpass it thrice. Decisive breakout of the level could result in fresh move till 10,980
In the current scenario, traders need to follow the levels strictly as far as Nifty is concerned. The index should be held long with 10,628 stop loss.
Ashwani Gujral of ashwanigujral.com recommends buying Manappuram Finance with a stop loss of Rs 94, target of Rs 106, Siemens with a stop loss of Rs 1055, target of Rs 1100 and ICICI Bank with a stop loss of Rs 375, target of Rs 390.
We expect the Nifty earnings to grow at a CAGR of ~20 percent between FY19-21 and the economic fundamental is likely to improve further, says Sundar Muthukrishnan of Elara Capital
Irrespective of global or political set up on the domestic front, long-term investors should focus on stocks which can give earnings visibility, and have a high margin of safety with high corporate governance standards.