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
Given the uncertainties surrounding COVID-19, change in consumer behavior is much likely & thus the value for insuring oneself would be acknowledged as a pure risk cover rather than just an investment product.
Mitesh Thakkar of miteshthakkar.com suggests selling Escorts with a stop loss of Rs 760 for target of Rs 725 and Mahindra & Mahindra with a stop loss of Rs 458 for target of Rs 435.
Prakash Gaba of prakashgaba.com recommends buying Asian Paints with target at Rs 1880 and stop loss at Rs 1830 and Axis Bank with target at Rs 750 and stop loss at Rs 730.
Sudarshan Sukhani of s2analytics.com recommends buying Bajaj Finserv with stop loss at Rs 9500 and target of Rs 10300 and Havells India with stop loss at Rs 611 and target of Rs 635.
Brokerages feel the new tax regime would have modest impact on insurance companies' sales
Sudarshan Sukhani of s2analytics.com recommends buying Berger Paints with stop loss at Rs 540 and target of Rs 560 and Castrol India with stop loss at Rs 134 and target of Rs 146.
Ashwani Gujral of ashwanigujral.com recommends buying Chambal Fertilizers with a stop loss of Rs 175, target of Rs 190 and Muthoot Finance with a stop loss of Rs 768, target of Rs 790.
The company remains focused on diversifying within the product mix and expanding its distribution network with continued investments across channels.
Ashwani Gujral of ashwanigujral.com recommends buying PVR with a stop loss of Rs 1960, target of Rs 2010 and Kotak Mahindra Bank with a stop loss of Rs 1630, target of Rs 1665.
Sudarshan Sukhani of s2analytics.com recommends buying Ashok Leyland with stop loss at Rs 84.80 and target of Rs 88 and M&M Financial Services with stop loss at Rs 348 and target of Rs 355.
Most brokerages feel 2020 could be the year for broader markets to do well
Sudarshan Sukhani of s2analytics.com recommends buying Bosch with stop loss at Rs 15030 and target of Rs 15865 and Bharti Infratel with stop loss at Rs 249 and target of Rs 262.
Mitesh Thakkar of miteshthakkar.com recommends buying HDFC Bank with a stop loss below Rs 1282 for target of Rs 1340 and Maruti Suzuki with a stop loss of Rs 7290 for target of Rs 7500.
Sudarshan Sukhani of s2analytics.com recommends buying HCL Tech with stop loss at Rs 542 and target of Rs 585 and ICICI Prudential Life Insurance with stop loss at Rs 487 and target of Rs 515.
Ashwani Gujral of ashwanigujral.com recommends buying Bata India with a stop loss of Rs 1670, target of Rs 1720 and Kotak Mahindra Bank with a stop loss of Rs 1630, target of Rs 1675.
DII and FII buying at various bottoms have arrested the downfall and we see buying interest from various market participants, said Vijay Kuppa of Orowealth.
If the Nifty50 sustains above 12,000, the rally could continue towards the all-time high of 12,103 and then towards 12,28-12,350 levels
Going forward, increasing life expectancy, favorable savings and greater employment in the private sector is expected to fuel the demand for pension plans, which will act as a catalyst for this sector.
In the last seven day's rally (From Oct 25 to Nov 5) S&P BSE Sensex rallied 3 percent.
Sudarshan Sukhani of s2analytics.com advises selling Bharti Infratel with a target of Rs 201.
Volatility needs to move below 16 for market up move to sustain. However above moving 18, could lead to profit booking in market.
According to CLSA, GDP growth in FY20 is likely to be around 6 percent, much lower lower than the RBI's 6.9 percent projection.
The government's push has gradually increased insurance penetration in the country and has led to a proliferation of insurance schemes.
Sectors with positive outlooks are real estate, small appliances and branded apparel, while outlook on autos, select staples and global commodities is more cautious.
Top 10 stocks which can be considered for investment and may give hefty returns by next Ganesh Chaturthi