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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
While each of these microcap stocks carries inherent risks, the current technical setup supported by the Heikin Ashi Multi-Time Frame alignment signals a potential for bullish breakouts.
The market may climb further amid consolidation, but it is unlikely to break Monday's low soon. Below are some trading ideas for the near term.
A close above 24,500 could drive the Nifty 50 towards the 24,700-24,800 zone, but if it stays below this level, consolidation and range-bound trading may continue with 24,200 as support. Here are some trading ideas for the near term.
The Cup and Handle Pattern breakout is observed on the daily chart of Indian Railway Catering & Tourism Corporation. Price breakout is accompanied with rising volumes.
We may witness stock-specific moves in the coming sessions with some consolidation in the index within the range of 11,550-11,350.
Harendra Kumar of Elara Capital said given the overall robustness in earnings recovery, 2019 could well be a year of midcaps and smallcaps.
Rajesh Agarwal of AUM Capital recommends buying Tata Motors with stop loss at Rs 168 and target of Rs 185 and India Glycols with stop loss at Rs 350 and target of Rs 378.
Rahul Mohindar of viratechindia.com is of the view that one can sell Tata Consultancy Services with target of Rs 2085 and stop loss at Rs 2085 and buy Dr Reddy's Laboratories with target of Rs 2680 and stop loss at Rs 2460.
"Nifty is heading towards 10430-10480 levels i.e. 100 and 50 SMA respectively. It might face minor hurdle around 10375 zones," says Rajesh Agarwal of AUM Capital.
Ashwani Gujral of ashwanigujral.com suggests buying Ashok Leyland, Bombay Burmah Trading Corporation and Can Fin Homes.
Vijay Chopra of enochventures.com is of the view that one may buy Mawana Sugars with a target of Rs 125.
Ashwani Gujral of ashwanigujral.com recommends buying Castrol India, Century Textiles and India Glycols.
Ashwani Gujral of ashwanigujral.com recommends buying Arvind, Rashtriya Chemicals and India Glycols.
Mitesh Thacker of miteshthacker.com suggests buying Bata India and India Glycols.
According to Sameet Chavan of Angel Broking, one may buy Titan Company with a target of Rs 332.
Ashwani Gujral of ashwanigujral.com advises selling Vedanta and Reliance Capital.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy India Glycols, Magma Fincorp and Power Finance Corp.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Asian Paints and India Glycols.
Here are top 10 stocks to focus on December 19 - REC, Bank of India, CNX IT Index, TCS, HDFC Bank, Crompton Greaves, Spicejet, GMM Pfaudler, GMDC and India Glycol.
Investment analyst Ashish Chugh is betting on India Glycols and Acrysil India to deliver over 50% gains in the next one year.
India Glycols can give 50-60% returns over a period of one year, says Ashish Chugh, Investment Analyst. It was mainly a commodity company a few years back. The company has been transforming itself from just a commodity play and it‘s focusing more on value added products now.
Expect Rs 175 level in India Glycol in about six months, says SP Tulsian, sptulsian.com.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
