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
Rajesh Agarwal of AUM Capital advises buying M&M with a target of Rs 810.
Hindalco, Maruti Suzuki and ICICI Bank are among the big Nifty names that Motilal Oswal is placing its bet on, this Diwali.
Invest in quality companies with a healthy growth outlook and reasonable valuations.
Brokerage firms such as BofA, Macquarie, as well as Edelweiss maintained their rating but raised their respective target price for Infosys post Q2 results.
We expect further rebound in markets but the upside also seems capped. The Nifty50 may face hurdle in the 10,550-10,700 zone while 10,100 would continue to act as crucial support
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
A breakdown of lower band of 10,200 may trigger a selling pressure which may take the index towards 9,900.
Prakash Gaba of prakashgaba.com suggests buying Ajanta Pharma with target at Rs 1100 and stop loss at Rs 1020, Apollo Tyres with target at Rs 225 and stop loss at Rs 205 and State Bank of India with target at Rs 290 and stop loss at Rs 270.
Indian markets are in the midst of a correction which is likely to extend further, according to experts and hence, there will be plenty of opportunities for investors to enter into quality stocks on declines
Here is a list of top 10 short-term money making ideas from different experts which could give 5-28% return in the next 1-6 months.
Sudarshan Sukhani of s2analytics.com recommends selling Can Fin Homes with stop loss at Rs 240 and target of Rs 218, Cummins India with stop loss at Rs 665 and target of Rs 635 and Sun TV with stop loss at Rs 625 and target of Rs 575.
10,870 will act as a strong hurdle whereas the Thursday’s high of 10,755 will act as an immediate resistance. Till the time index is trading below this zone every pullback should be used to short the index, says Aditya Agarwal of Way2Wealth Brokers.
Infosys can be bought at the current level and on dips to Rs 740 with a stop loss below Rs 710 for a target of Rs 850, says Ashish Chaturmohta of Sanctum Wealth Management.
On the downside, 200-day moving average which stands at 10,774 levels and 61.8 percent retracement of rise 9,952-11,760 that is around 10,642 will act as next support, says Ashish Chaturmohta of Sanctum Wealth Management.
Sudarshan Sukhani of s2analytics.com suggests buying Divis Labs with stop loss at Rs 1365 and target of Rs 1425, Hindustan Unilever with stop loss at Rs 1620 and target of Rs 1680 and Infosys with stop loss at Rs 716 and target of Rs 746.
Morgan Stanley expects Sensex earnings growth of 23 percent YoY in FY19 and 24 percent YoY in FY20.
These include names such as IOC, BPCL, Hero MotoCorp, Shree Cements, Ambuja Cements, Havells India, HPCL, ACC, Exide Industries, IGL, and Amara Raja Batteries.
UBS believes that the weakness in the rupee creates an opportunity to accelerate investments.
The rupee corrected more than 13 percent year-to-date and around 5.5 percent in last one month.
Digital is growing strong at 8 percent QoQ CC (28 percent of revenue) and now even financial service is expected to improve from Q2 onward.
All experts agreed that valuations turned higher after run up in Mindtree, but they still expect more upside due to likely growth on deals and currency depreciation.
Analysts believe the top 10 shares by market value will continue to outperform and lead the Indian index, given the backdrop of a weaker rupee and their stronger earnings growth.
Rajesh Agarwal of AUM Capital recommends buying Edelweiss Financial with stop loss at Rs 288 and target of Rs 310, Yes Bank with stop loss at Rs 385 and target of Rs 405 and Apollo Hospitals with stop loss at Rs 1164 and target of Rs 1214.
Prakash Gaba of prakashgaba.com suggests buying NBCC with target at Rs 80 and stop loss at Rs 71 and Maruti Suzuki with target at Rs 9300 and stop loss at Rs 9100.
The rupee's fall is technical in nature and should be viewed in accordance with happenings across the globe.