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 sharp fall in stock prices across sectors, most experts advised accumulating quality and fundamentally strong scrips with a long term perspective.
Sudarshan Sukhani of s2analytics.com suggests selling Tata Motors with stop loss at Rs 153 and target of Rs 142 and Bosch with stop loss at Rs 14300 and target of Rs 13700.
Sudarshan Sukhani of s2analytics.com advises selling Adani Power with a stop loss of Rs 58, target of Rs 54.
Mitesh Thakkar of miteshthakkar.com recommends buying Titan Company with a stop loss of Rs 1280 for target of Rs 1340 and Infosys with a stop loss of Rs 784 for target of Rs 820.
Mitesh Thakkar of miteshthakkar.com recommends buying ACC with a stop loss of Rs 1533 for target of Rs 1580 and Infosys with a stop loss of Rs 775 for target of Rs 806.
According to Nomura, the overhang of whistleblower allegations is now behind and will prefer Infosys to TCS on valuations basis
Most of analysts expect the momentum to continue in Q4FY20 as well, given the strong deal wins. The management raised full year guidance for third time this year
Mitesh Thakkar of miteshthakkar.com advises selling ITC with a stop loss of Rs 239 and target of Rs 226.
HDFC Securities selected stocks across major sectors financials, consumer, pharma, industrials, oil, automobile, cement and technology.
Prakash Gaba of prakashgaba.com recommends buying Indiabuls Housing Finance with target at Rs 320 and stop loss at Rs 275 and NMDC with target at Rs 120 and stop loss at Rs 112.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Elxsi with a stop loss of Rs 860, target of Rs 895 and Muthoot Finance with a stop loss of Rs 690, target of Rs 715.
Prakash Gaba of prakashgaba.com recommends buying Cadila Healthcare with target at Rs 270 and stop loss at Rs 260 and Kotak Mahindra Bank with target at Rs 1675 and stop loss at Rs 1640.
Prices are trading above all major short term and medium term moving average and momentum indicators are trading in bullish zone. The setup is suggesting that bulls can ride this rally till 12,250.
FII remained net buyers in the last week as they bought equities worth Rs 3213.17 crore, while Domestic Institutional Investors (DII) also bought equities worth of Rs 2184.81 crore.
Brokerages have raised target price on HUL, Infosys and Avenue Supermarts,while maintained their rating post their Q2 numbers.
Romesh Tiwari of CapitalAim feels IT majors like Infosys and TCS are robust and can provide comparatively-secured returns while returns on midcap IT will be more volatile
Experts feel Diwali 2019 to Diwali 2020 period could be an exciting phase for the markets, expecting the market to return 15-25 percent.
There is strong support around 11,000 for Nifty, and, if it breaks below that, the Nifty could test 10,850-10,800 levels, experts feel.
The immediate support for Nifty is placed at 10,740 below which further selloff can be seen which could drag the Nifty50 towards 10,600 levels.
The immediate support is now placed at 10,700, and a breach of which could trigger a fresh round of selling in the coming sessions.
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The golden rule of investment is to pour money in stocks that are trading at attractive levels compared to their intrinsic value, thus allowing investors to create wealth over a period of time
The Nifty is trading below 20, 50 and 100-day SMA's which are important short term moving average, indicating negative bias in the short term
Prakash Gaba of prakashgaba.com recommends buying Maruti Suzuki with target at Rs 5750 and stop loss at Rs 5450 and Reliance Industries with target at Rs 1205 and stop loss at Rs 1160.
Next support for the market is seen at 11,000-10950 levels. Breaking below this, the next level is at 10,800.