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
The Sensex ended at 33,250.30, rising 1.27 percent over previous week while the Nifty ended with a gain of 1.42 percent at 10,265.65 in the week gone by.
Mitessh Thakkar of miteshthacker.com suggests buying Dish TV with a stop loss of Rs 79 for target of Rs 83 and advises buying NBCC with a stop loss of Rs 254.90 for target of Rs 272 while he recommends selling Tata Communications around Rs 684, stop loss of Rs 696 for target of Rs 660.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may sell Indian Oil Corporation and Kotak Mahindra Bank.
In an interview to CNBC-TV18, Rohit Ahuja of BOBCAPS shared his views and readings on oil marketing companies.
This rating upgrade is critical because, at Baa3, India’s rating was just above speculative grade and was not reflecting the true picture of the reforms initiated by the Modi government in the past three years.
Mitessh Thakkar of mitesshthakkar.com recommends buying PVR and CESC and advises selling PTC India.
Mitessh Thakkar of miteshthacker.com has a buy on Amar Raja Batteries with a stop loss of Rs 713 for target of Rs 765 and a sell on ITC with a stop loss of Rs 265 for target of Rs 251 and a sell also on ACC with a stop loss of Rs 1774 for target of Rs 1730.
If you are in equity markets for the long haul then rest assured this rally has more legs and Nifty is well on track to hit Mount 11K.
ITC, Maruti and ICICI Bank, among others, are on the radar of investors on Monday.
Sandeep Wagle of powermywealth.com is of the view that one can buy Indian Oil Corporation and sell Tata Communications.
UBS also expects government support on free pricing for socially sensitive cooking fuel should also drive constant earnings growth.
Technical Analyst Ashwani Gujral has buys on IGL, Tata Steel and PVR while Mitessh Thakkar has buys on Grasim and GMR Infra and has sell calls on Dish TV and IOC.
Manoj Murlidharan of Religare Securities recommends buying ITC, Mangalore Refinery and Petrochemicals and Indian Oil Corporation.
Ashwani Gujral of ashwanigujral.com recommends buying NBCC, Indian Oil Corporation and Century Textiles and Industries.
The centre has cut excise duty on petrol and diesel by Rs 2 per litre and now CNBC-TV18 learns that states have also been asked to review the value added tax (VAT) on petrol and diesel. In an interview, Harshvardhan Dole, Vice President Institutional Equities, IIFL shared his readings and outlook on the same.
Shares of major oil marketing companies opened in green at the opening on Wednesday after the government reduced the basic excise duty on petrol and diesel (both branded and unbranded) by Rs 2 a litre with effect from October 4, 2017
Prakash Gaba of prakashgaba.com feels that Bharti Infratel may move to Rs 420.
With PM Modi’s vision of making every Indian car electric by 2030, stocks of automakers and ancillary companies which produce electric parts or vehicles are likely to take off.
Ashwani Gujral of ashwanigujral.com recommends selling Jubilant Foodworks and IOC while he advises buying Reliance Industries, HDFC Bank and Caplin Point.
TCS, IOC, and HPCL, among others, are being tracked by analysts on Wednesday.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Indian Oil Corporation and Canara Bank and buy IIIFL Holdings.
Sandeep Wagle of powermywealth.com is of the view that one can buy Shriram Transport Finance Corporation and sell Indian Oil Corporation.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Wockhardt and sell Tech Mahindra and Indian Oil Corporation.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Container Corporation of India, Indian Oil Corporation, Essel Propack and Godrej Properties and sell Mahindra and Mahindra.
Ashwani Gujral of ashwanigujral.com recommends buying Indian Oil Corporation, Container Corporation of India, Essel Propack, Godrej Properties and Britannia Industries.