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 prospects for the BJP-led National Democratic Alliance (NDA) coalition look solid for the 2019 national elections; however, a hint of rising populism has the potential to hamper the growth recovery.
According to Sudarshan Sukhani of s2analytics.com, one may buy ITC, Engineers India, Escorts, HUL, Voltas and Tata Elxsi.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy ITC with long term view.
At the current juncture, 10,000 put and 10,500 call options are attracting trader’s attention and will remain in a range for the index for the few sessions.
Prakash Gaba of prakashgaba.com is of the view that one may hold ITC.
Prakash Gaba of prakashgaba.com feels that ITC can climb to around Rs 268.
Prakash Gaba of prakashgaba.com is of the view that one may buy ITC.
Prakash Gaba of prakashgaba.com feels that Shree Renuka Sugars may move to Rs 35.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HUL, Dabur India, Arvind and ACC and sell Colgate Palmolive and Yes Bank.
The Goods and Services (GST) Council, which met in Guwahati for a 2-day meet starting Thursday of last week, has decided to keep only 50 luxury and 'sin' goods like tobacco in the highest slab.
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.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Cadila Healthcare, Ashok Leyland and Hindustan Zinc and can sell Equitas Holdings and ITC.
Sudip Bandopadhyay, Market Expert advises buying ITC from the FMCG pack.
Liquor and fast moving consumer goods (FMCG) earnings remain in focus. In an interview to CNBC-TV18, Abneesh Roy of Edelweiss Securities shared his take on the sector.
ITC, Maruti and ICICI Bank, among others, are on the radar of investors on Monday.
ITC, Bajaj Auto, Axis Bank and Adani Port could give up to 14 percent return in the short term.
Manoj Murlidharan of Religare Securities recommends buying ITC, Mangalore Refinery and Petrochemicals and Indian Oil Corporation.
The firm observed that the cigarette business could remain impacted by regulatory pressures.
Manoj Murlidharan of Religare Securities advises buying ITC, V-Guard Industries and Marico.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy NMDC, Bata India, Hindustan Unilever and Petronet LNG and can sell Wockhardt.
Moneycontrol attempts to identify stocks that wise investors should use to duck and weave through this particular storm.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Titan Company and Hindustan Unilever.
The brokerage house has a buy rating on ITC, with a target price of Rs 350 per share. This target price is 35 percent higher than the closing price of Rs 258.60 on Wednesday.
ITC, Ipca Labs and consumer staples, among others, are being tracked by investors on Thursday.