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
Bulls are expected to maintain tight control over Dalal Street, despite the possibility of intermittent consolidation. Below are some trading ideas for the near term.
After March quarter earnings and recent correction in stock prices, many stocks got an upgrade in rating from brokerages
Being an election year, Ajay Jaiswal of Stewart & Mackertich Wealth Management believes a sharp upside cannot be ruled out in case the ruling Government once again manages to retain thumping mandate.
"Oscillators like RSI & MACD are in oversold zone. Sustenance trade above 10140 levels may add upside momentum till 10,190 and 10,250 marks. Strong support is seen around 9,900-10,000 levels," says Rajesh Agarwal of AUM Capital.
Tata Motors, Dr Lal and Page Industries, among others, are on the radar of investors on Friday.
Here is a list of top 10 stocks to buy this Muhurat Trading day for a potential upside of up to 48% in Samvat 2074.
JSPL, NCC and Bajaj Auto, among others, are on the radar of investors on Wednesday.
Aurobindo Pharma, Jagran Prakashan, an M&M, among others are being tracked by investors today.
Jefferies maintains underperform rating on Tata Steel, SAIL and JSW Steel as domestic steel demand was steady in November despite demonetisation.
SP Tulsian, sptulsian.com, talks about Sony buying Ten Sports from Zee Entertainment. He also talks about the pros and cons of radio and tyre stocks. Finally, he tells why he is bullish on Crompton Greaves.
JP Morgan maintains overweight on M&M with target increased to Rs 1605 from Rs 1450 per share. It has also raised FY17/18 estimates by 2 percent to factor in improved tractor guidance. It says SUV launches are risky.
Mukul Kochhar, Head Of Institutional Sales (India) at Investec Capital Services, tells CNBC-TV18 why HDFC Bank should be a core portfolio constituent and if Infosys looks attractive after its Q1 results-triggered correction.
Kunj Bansal of Centrum Wealth Management recommends buying Aarti Industries and feels that one may prefer Jagran Prakashan.
Kunj Bansal of Centrum Wealth Management is of the view that non-banking finance companies and print media space look good.
Pankaj Pandey of ICICIdirect likes NBCC with a target of Rs 1100.
The viewership of IPL's 9th edition will continue to be strong with revenues going up 10-15 percent. This time around revenues are likely to be to the tune of Rs 1200 crore overall, says Abneesh Roy, Associate Director, Edelweiss Securities.
Ashish Kyal of wavesstrategy.com recommends buying Jet Airways and Jagran Prakashan and advises selling Allahabad Bank and Dabur India.
According to Rohit Dokania, Media Analyst at IDFC Securities, one may buy Zee Entertainment Enterprise, PVR, Jagran Prakashan and DB Corp.
Rohit Dokaniya, Media Analyst at IDFC Securities says the industry leaders will outperform the industry by 200-300 basis points (bps).
Mayuresh Joshi of Angel Broking is of the view that Jagaran Prakashan may test Rs 170.
Jay Thakkar of Sharekhan advises buying MphasiS with a target of Rs 444.
Sudarshan Sukhani of s2analytics.com is of the view that Jagran Prakashan is an opportunity to go long.
Manas Jaiswal of manasjaiswal.com is of the view that one may buy NCC with a target of Rs 94.
Here are top 10 stocks to keep an eye on December 17 - Infosys, Zee Entertainment, Tata Steel, Dr Reddy's, Jagran Prakashan, Reliance Capital, Bharti Airtel, UPL, HCL Tech and TCS.
Mayuresh Joshi, VP – Institution, Angel Broking believes that lower inflation and interest rates will catalyse investment cycle.