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
If the market starts to trade below 11,340 levels, Ashish Chaturmohta of Sanctum Wealth Management expects profit booking towards 11,200-11,170, which is a major support level
Almost all sectoral indices have reached the overbought zone on daily charts, indicating unfavourable risk-reward ratio in fresh longs from current levels.
Rajesh Agarwal of AUM Capital recommends buying Apollo Hospitals with stop loss at Rs 1035 and target of Rs 1110, NIIT Technologies with stop loss at Rs 1268 and target of Rs 1320 and Tata Steel with stop loss at Rs 558 and target of Rs 583.
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.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy IDFC Bank with a stop loss of Rs 39.8 and target of Rs 44 and sell Infosys with a stop loss of Rs 1363.5 and target of Rs 1320.
It is time to bid adieu to tactics of the likes of the brilliant T20 blasters Rohit Sharma and Eoin Morgan and welcome and adopt the sagacity of purists like Pujara and Alistair Cook.
Rajesh Agarwal of AUM Capital recommends buying Infosys with stop loss at Rs 1290 and target of Rs 1349, Bajaj Finance with stop loss at Rs 2430 and target of Rs 2518 and Titan Company with stop loss at Rs 825 and target of Rs 855.
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.
Depending on the risk profile of investors, experts suggest that dividend-paying stocks could constitute 20-60 percent of one’s portfolio.
The stock can be bought at current level and on dips towards Rs 1,320 with a stop loss below Rs 1,290 and a target of Rs 1,450 levels, says Ashish Chaturmohta of Sanctum Wealth Management.
Ashish Chaturmohta of Sanctum Wealth Management said as long as Nifty trades below 10,640 levels, we expect the market to retest 10,550 levels which is an important support level for the market.
If the stock manages to sustain above the Rs 1,275 which is the breakout zone on the monthly closing basis, that would trigger a multi-year breakout for Infosys, says Hadrien Mendonca of IIFL.
Ashwani Gujral of ashwanigujral.com suggests selling Sun TV with a stop loss of Rs 785, target of Rs 760, BEML with a stop loss of Rs 810, target of Rs 775 and GSFC with a stop loss of Rs 104, target of Rs 92.
The Nifty Metal index is placed at a make or break point. Our weekly chart analysis indicates that the index has reached the declining trend line support zone of 3,330.
Rajesh Agarwal of AUM Capital recommends buying Kotak Mahindra Bank with stop loss at Rs 1325 and target of Rs 1355 and Larsen & Toubro with stop loss at Rs 1210 and target of Rs 1262.
We expect, M&M Finance to move higher towards its potential target of Rs 535 which translates into a 9 percent returns, says Hadrien Mendonca of IIFL.
“I do have a few substitutes to juice up the portfolio, if conditions change,” says Ayon Mukhopadhyay of IIFL Institutional Equities for UK and Europe
RSI has turned upwards breaking out of the upper Bollinger Bands suggesting extended bullishness in the coming trading sessions, says Aditya Agarwala of YES Securities (I) Ltd.
Here is the list of three stocks that can give up to 14 percent return in a month.
Technical Analyst, Prakash Gaba suggests buying Infosys with a target of Rs 1210.
Most brokerage which attended the analysts meet are convinced that the best is yet to come for the IT major
"We are bullish on Tata Consultancy Services and expect sunshine to return in this counter. We expect a 30 percent upside by FY19 end," says Akash Jain, Vice-president, Equity Research at Ajcon Global Services.
Here is a list of top 10 high growth stocks which are available at reasonable valuations based on a report from Morgan Stanley.
"We believe the turbulent times for Infosys are over after the exit of its ex CEO and expect it to do well under the new CEO. We do not have price target as of now but will get more clarity on its future strategy after the analyst meet on April 23, 2018," says Akash Jain, Vice-president, Equity Research at Ajcon Global Services.
Global and domestic brokerages remain mixed about the results as some of them have been surprised on lowering of margin guidance. Brokerages such as Jefferies have hiked their target to Rs 1,340 per share from Rs 1,000 per share earlier, an upside of 34 percent.