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
Citi is of the view that OMCs now offer an attractive investment opportunity. Cheap valuations relative to historicals make it an attractive buy, it said
Short-term support is seen at 11,200 in Nifty and 28,800 in Bank Nifty, and any dip should be accumulated for the upside target of 11,760 in Nifty and 30,400 in BankNifty.
Elara said NBFCs are expected to bear the brunt of tightening liquidity, down 18.6 percent YoY, whereas banks would benefit, up 69 percent YoY, due to improving credit deposit ratios and improvement in pricing power, given the stress in the NBFC space.
Anita Gandhi, Whole Time Director at Arihant Capital Markets agreed with Vineeta, saying high dividend yield & falling oil prices have given good safety to the investor in holding stock for the long term.
Brent crude futures, the international benchmark for oil prices, have slipped around 30 percent since early October to trade around $60 a barrel from around $86 a barrel
JP Morgan believes oil will remain range bound & large under recoveries are unlikely.
MOSL’s FY19/20 Nifty EPS estimates have been cut by 4.4/2.9% to Rs 515/655 v/s Rs 539/674 earlier
Bajaj Finance holds the unique distinction of featuring in the top 10 of both biggest and the fastest wealth creators.
Dividend-paying stocks make an ideal portfolio play especially in times of crisis. These stocks tend to absorb the volatility and remain relatively stronger in such a scenario
In the last week, the Sensex lost 1850.15 points to close at 34,376.99, while Nifty shed 614 points to close at 10,316.45.
CLSA sees Vedanta, GAIL and ONGC being good buy options based on factors such as favourable risk reward and lack of subsidy burden, among others.
The government raised basic customs duties across air conditioners, refrigerators, washing machines (
These include names such as IOC, BPCL, Hero MotoCorp, Shree Cements, Ambuja Cements, Havells India, HPCL, ACC, Exide Industries, IGL, and Amara Raja Batteries.
Ashwani Gujral of ashwanigujral.com suggests buying NIIT Tech with a stop loss of Rs 1360, target of Rs 1410, Dabur India with a stop loss of Rs 450, target of Rs 475 and Axis Bank with a stop loss of Rs 630, target of Rs 655.
We advocate traders to go short in a range of Rs 169 to 171 with a price target of Rs 150. Stop loss should be placed at Rs 181.50 on a daily closing basis, says Aditya Agarwal of Way2Wealth Brokers.
At this juncture, last week Friday’s gap area of 11,210 – 11,185 will act as a strong support. Any sustainable move below this level will extend the ongoing profit booking towards 11,080 – 11,025 levels respectively, says Aditya Agarwal of Way2Wealth Brokers.
Rajesh Agarwal of AUM Capital recommends buying Indian Oil Corporation with stop loss at Rs 161 and target of Rs 171, NBCC (India) with stop loss at Rs 67 and target of Rs 75 and Jindal Steel & Power with stop loss at Rs 198 and target of Rs 212.
Indian Oil Corporation appears to have formed a strong base around Rs 150 where it is attracting huge buying interest as pointed out by long lower shadows on weekly charts, says Mazhar Mohammad of Chartviewindia.in.
The Nifty has been hitting higher lows for the last 9 trading sessions, with supports are gradually shifting higher, which is a bullish sign.
At a time when most companies are struggling to show a consistent track record of growth, these 13 stocks are priced to perfection at current levels in comparison to return on capital employed (RoCE).
With challenges on the macro front and increasing political headwinds faced by the BJP heading into the 2019 general elections, Prabhudas Lilladher believes traders are likely to remain cautious
Prakash Gaba of prakashgaba.com is of the view that one can buy Apollo Hospitals with target at Rs 1060 and stop loss at Rs 1020 and also buy Power Grid with target at Rs 205 and stop loss at Rs 198 while advises selling Indian Oil Corporation with target at Rs 163 and stop loss at Rs 170.
Mitessh Thakkar of mitesshthakkar.com recommends buying Bajaj Finance with a stop loss of Rs 2099 and target of Rs 2160 and Indian Oil Corporation with a stop loss of Rs 166 and target of Rs 180.
Rajesh Agarwal of AUM Capital recommends buying Indian Oil Corporation with stop loss at Rs 164 and target at Rs 174, a buy on Ujjivan Financial Services with stop loss at Rs 398 and target at Rs 417 and a buy also in Adani Transmission with stop loss at Rs 164 and target at Rs 176.
Rajesh Agarwal of AUM Capital recommends buying Indian Oil Corporation with stop loss at Rs 162 and target at Rs 173, a buy in Arvind with stop loss at Rs 412 and target at Rs 430 and a buy also in State Bank of India with stop loss at Rs 245 and target at Rs 257.