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
Rajiv Trust (promoter) bought 25,639 shares of Bajaj Holdings & Investment through market purchase on July 30, 2018 while Rajpal Singh Kochhar (promoter) bought 1,200 shares of Jagsonpal Pharmaceuticals through market purchase on July 30, 2018.
World Crest Advisors LLP bought 44,62,38,855 shares of Dish TV India through market purchase on July 24, 2018 while Hindustan Times bought 1,41,000 shares of Chambal Fertilisers & Chemicals through market purchase on July 27, 2018 and Eriez Industries Pvt.Ltd. bought 40,086 shares of 20 Microns Ltd through market purchase on July 27, 2018.
Ashwani Gujral of ashwanigujral.com suggests buying Bajaj Finserv with a stop loss of Rs 6900, target of Rs 7150, ACC with a stop loss of Rs 1500, target of Rs 1585 and Radico Khaitan with a stop loss of Rs 430, target of Rs 456.
Mitessh Thakkar of mitesshthakkar.com suggests buying Adani Power with a stop loss below Rs 20 and target of Rs 23.50, IndusInd Bank with a stop loss of Rs 1892 and target of Rs 1930 and Nestle India with a stop loss of Rs 10280 and target of Rs 11000.
For the week, Reliance Industries gained 12.31 percent while IDBI Bank jumped 18.88 percent. TCS added 3.56 percent while HCL Technologies gained 4.17 percent and Shilpa Medicare registered a gain of 5.39 percent.
Centrum Wealth Research said if Indian corporate earnings can experience long term mean-reversion to those levels at 5.30 percent, robust earnings uptick can be expected.
Siddharth Sedani of Anand Rathi says strong demand for capital and consumption goods is likely to continue
Mitessh Thakkar of mitesshthakkar.com recommends buying Dr Reddy's Lab with a stop loss below Rs 2284 and target of Rs 2400, Repco Home above Rs 580, with stop loss of Rs 565 and target of Rs 610 and Maruti Suzuki with a stop loss of Rs 9180 and target of Rs 9300.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Asian Paints with a stop loss of Rs 1273 and target of Rs 1330, Wipro with a stop loss of Rs 255 and target of Rs 270 and sell Grasim Industries with a stop loss of Rs 1001.50 and target of Rs 960.
Ashwani Gujral of ashwanigujral.com recommends buying Cipla with a stop loss of Rs 610, target of Rs 650, Bata India with a stop loss of Rs 854, target of Rs 870 and Jubilant Foodworks with a stop loss of Rs 1370, target of Rs 1420.
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
We expect the bank to maintain stable asset quality over FY19-20, aided by its well-diversified loan mix.
We expect slippages from the corporate book to shrink as the bank increases its exposure to higher-rated corporate bodies. Thus, we model a gross-NPA ratio of 0.97 percent in FY20.
A rate hike is something which might not be taken in a positive light by most of the sectors
Motilal Oswal expects Nifty EPS to grow 27.4 percent to Rs 579 in FY19 and 19.6 percent to Rs 693 in FY20.
Prakash Gaba of prakashgaba.com is of the view that one can buy United Spirits with target at Rs 3430 and stop loss at Rs 3330 and sell Hindustan Unilever with target at Rs 1554 and stop loss at Rs 1574.
The Nifty corrected nearly two percent for the week-ended May 18 and slipped below its crucial support placed at 10,600, suggesting further pain in the coming session.
We feel that the same sentiment will translate onto the heavyweights within the index and that would bring down the Nifty50 as well in coming weeks, says Pushkaraj Sham Kanitkar, AVP - Technical Research at GEPL Capital.
"The bank is targeting 25-30 percent loan growth, led by continued branch expansion and strong customer acquisition. We have a buy on the stock with target of Rs 2250," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal
IndusInd Bank and TCS are on analysts’ radar today.
The most aggressive price target came from Citigroup which maintains a buy call on the stock but raised its target price to Rs 2180 from Rs 2060 which translates into an upside of about 20 percent from current level.
Here is a list of top 12 wealth-creating ideas by experts with a time horizon of next 2-3 years.
GSPL, Cipla and Bharti Airtel, among others, are being tracked by investors on Wednesday.
Nifty and Bank Nifty both continue to remain in the Lower Top Lower Bottom structure. Nifty is precariously poised above the 200-DMA of 10,100 while Bank Nifty too is managing to currently hold above its yearly mean of 24,500.
Sudarshan Sukhani of s2analytics.com suggests buying Britannia Industries, Havells India and IndusInd Bank.