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
VIX needs to move below 50 levels for some stability to return in the market, otherwise expect volatile moves to continue in the market.
The long term economic backdrop for the Indian economy looks good and we can expect the coming quarters having stability in the capital markets.
Mitesh Thakkar of Miteshthakkar.com advises selling Power Grid with stop loss at Rs 196.5 and target of Rs 188.
The BSE and NSE will remain open for an hour on October 27 for the Muhurat Trading.
Nifty Put-Call option distribution data is suggesting is support at 11,400 levels and resistance at 11,800 levels.
A failure to cross 11,700 levels can bring a supply for the market at the current junction.
We have a buy rating on ICICI Lombard General Insurance Company with a target price of Rs 1,450 per share.
A breakout on either side of the band will give a clear indication of the further trend.
Most experts feel the government could focus more on infrastructure and rural spending, which are key areas to bring growth back on track
Going forward, 12000-12030 is the crucial resistance area. A breach past the 11850-11870 zone would drag the Nifty towards 11600-11650 levels.
CLSA said that the intervention of Reserve Bank of India (RBI) may be required as DHFL default can expose Rs 1 lakh crore in borrowing to the risk of default/haircuts
In the retail health insurance segment, the company sees significant opportunity in Tier II and Tier III cities as the loss ratio in these cities has been substantially lower than the rest of the portfolio.
Going ahead, 11,600 – 11,800 are the levels to watch out for in the upward direction and on the lower side, 11,286 – 11,050
It is well positioned for long term growth, we have a buy rating with target price of Rs 1,210 per share.
It has issued 23.5 million policies in FY18 and its gross direct premium income (GDPI) increased 15.2% year over year(y/y) to Rs 123.57 billion.
Bank Nifty remains a buy on dip till it trades above 28,750.
Only a sustainable breakout in either direction would lead to some trending move. Till then, one should avoid trading aggressively.
Investec has initiated coverage on ICICI Lombard with buy & New India Assurance with hold.
The current trend is likely to remain bearish for the index with some stock specific action and volatility on cards.
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For next week, Nifty has strong support at 10,730-10,650 levels and resistance at 10,870-10,940 levels
Manali Bhatia of Rudra Shares & Stock Brokers said for medium term, 10,000-9,950 is still a major support with more than 51 lakh contract of cumulative open interest
Experts feel that investors sitting on cash should buy into markets in a scattered manner instead of making a lump sum payment.
As many as 20 companies listed on the exchanges with an issue size of more than Rs 1,000 crores. Out of 20 companies, as many as 12 companies have fallen between 2-75 percent since their listing while the rest 40 percent gave positive returns.
Rajesh Agarwal of AUM Capital recommends buying ICICI Lombard with stop loss at Rs 782 and target of Rs 813, Mindtree with stop loss at Rs 1084 and target of Rs 1150 and Albert David with stop loss at Rs 597 and target of Rs 645.