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
Nifty is likely to trade in a range. On the higher end, it may move up towards 11450 -11500; whereas on the lower end, supports are visible at 11,200 and 11,000 levels.
Bajaj Auto stock was bought by Kevin Dsa (officer & relatives) to the tune of 500 shares through market purchase on July 25 and Shishir Jaipuria bought 61,933 shares of Ginni Filaments through market purchase from July 20 to July 25, 2018.
In the Friday's trading session Nifty hit a record high of 11,283.40 and Sensex touched a record high at 37,368.62.
In the short-term, Aditya Agarwal of Way2Wealth Brokers remains bullish and advises investors to use any dip towards 11,080-11,040 to initiate fresh long positions
We recommend traders to buy this stock above Rs 291 with a price target of Rs 330 and stop loss placed below Rs 274.
The S&P BSE Sensex hit a fresh record high of 37,327 while Nifty50 hit a fresh record high above 11,200 at 11,253 in the morning session.
Rajesh Agarwal of AUM Capital is of the view that one may buy Hindalco Industries with a target Rs 216.
Shitij Gandhi of SMC Global Securities said the current trend on the Nifty is likely to continue towards 11,200-11,220 in expiry week
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Britannia Industries with a target Rs 6540.
There are key events happening in this week, investors and traders must pay attention to it.
Rajesh Agarwal of AUM Capital recommends buying Kaveri Seed Company with a stop loss at Rs 555 and target of Rs 582, ITC with stop loss at Rs 267 and target of Rs 281 and Century Textiles & Industries with stop loss at Rs 870. and target of Rs 908.
The carnage in midcap and smallcaps is a buying opportunity in select stocks
The rally getting bigger and relatively faster in magnitude signals a structural turnaround that augurs well for the next leg of the upmove towards 11,172, says Dharmesh Shah of ICICI Direct.com
Sudarshan Sukhani of s2analytics.com recommends selling Coal India with a stop loss at Rs 264 and target of Rs 255, DLF with a stop loss at Rs 181 and target of Rs 172 and Hindustan Zinc with a stop loss at Rs 272 and target of Rs 263.
On a year-on-year basis, average AUM increased 19.8 percent (Rs 3.9 trillion) in June 2018
After an over 400 points upmove in the last 9 sessions from its recent low of 10,558, the Nifty has currently entered overbought territory with a stochastic reading of 91 in the daily chart.
Ashwani Gujral of ashwanigujral.com recommends buying Berger Paints with a stop loss of Rs 292, and target of Rs 306, HPCL with a stop loss of Rs 264, target of Rs 278 and Sun TV with a stop loss of Rs 788, target of Rs 810.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Consultancy Services with a stop loss of Rs 1860, target of Rs 1920 and Hindustan Unilever with a stop loss of Rs 1670, target of Rs 1725.
At a time when most companies are struggling to show a consistent track record of growth, these 13 stocks are priced to perfection at current levels in comparison to return on capital employed (RoCE).
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
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Can Fin Homes with stop loss at Rs 348 and target of Rs 333 and also sell Ceat with stop loss at Rs 1322 and target of Rs 1262 while one can buy Godrej Consumer Products with stop loss at Rs 1155 and target of Rs 1185.
Dipen Sheth, Head-Institutional Research, HDFC Securities, said there is certainly some kind of bottom forming happening in the pharma space.
Prakash Gaba of prakashgaba.com advises buying ACC with a target at Rs 1400.
Going ahead into a week with F&O expiry and overhang pressure from rising crude oil price along with weakening rupee, the index is likely to witness volatile trade setup in the coming session.
Prakash Gaba of prakashgaba.com recommends buying Dabur India with target at Rs 385 and stop loss at Rs 374, Exide Industries with target at Rs 266 and stop loss at Rs 252 and a buy also in Hindalco Industries with target at Rs 255 and stop loss at Rs 237.