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
Ashwani Gujral of ashwanigujral.com has a buy on Titan Company with a stop loss of Rs 820, target of Rs 855 and DLF with a stop loss of Rs 224, target of Rs 238.
Almost 52 percent of IPOs listed on the bourses in the last 10 years has given a negative return and only 48 percent survived the bull and the bear cycles. Out of 48 percent, nearly 100 companies gave a return ranging from 100 percent to 6000 percent.
According to Technical Analyst Prakash Gaba of prakashgaba.com, 10350 is a stiff resistance for the NIfty and a slide to around 10260-10200 is not ruled out.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bharti Airtel, Titan Company and Mahanagar Gas while he feels that Bata India should be a 4-digit stock.
Sumeet Jain of Destimoney Securities is of the view that one may buy Polaris Consulting with a target of Rs 384.
A Large part of the rally was driven by short coverings after Moody’s upgrade tilted the sentiment in favour of bulls. The rating upgrade comes after a gap of 13 years - Moody's had last upgraded India's rating to 'Baa3' in 2004. In 2015, the rating outlook was changed to 'positive' from 'stable'.
While having a buy call on PVR with a target at Rs 1,625 per share, CLSA said company's management expects advertising revenues to grow by 15-18 percent over the next two years.
Mitessh Thakkar of miteshthacker.com recommends selling HDFC Bank below Rs 1790 with stop loss of Rs 1806 for target of Rs 1755 and a sell on Marico with a stop loss of Rs 305 for target of Rs 285. He has a buy on V-Guard Industries with a stop loss of Rs 220 for target of Rs 250.
Credit Suisse increased its earnings estimates for Jubilant Foodworks, Crompton Consumer, Nestle and GSK Consumer.
While retaining buy call on IndusInd Bank with a target price at Rs 2,060, CLSA said it sees 25 percent earnings CAGR over FY17-20 with return on equity of 18-19 percent.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Cummins India and buy Power Finance Corporation.
Axis Bank, SBI and M&M, among others, being tracked by analysts on Monday
Mitessh Thakkar of miteshthacker.com has a buy on Andhra Bank with a stop loss of Rs 61 for target of Rs 67.50 and a sell on Cadila Healthcare with a stop loss of Rs 472.50 for target of Rs 445.
Chandan Taparia of Motilal Oswal Securities is of the view that one can buy Jubilant Foodworks and Indiabulls Housing Finance and can sell Yes Bank.
If you are in equity markets for the long haul then rest assured this rally has more legs and Nifty is well on track to hit Mount 11K.
Yes Bank and United Spirits, among others, are being tracked by investors on Friday.
Ashwani Gujral of ashwanigujral.com recommends buying Jubilant Foodworks, Bombay Burmah, JSW Steel and Century Ply.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Enterprises, Aurobindo Pharma and Jubilant Foodworks and can short NMDC and DCB Bank.
Bharat petroleum Corporation and Indiabulls Housing Finance which added over 2 percent each on the Nifty while a total of 142 stocks hit 52-week high in today's trade on the BSE Index.
Ashwani Gujral of ashwanigujral.com recommends buying Bharti Airtel, Jubilant Foodworks, JM Financial, Century Plyboards and Gujarat Gas.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Auto, Oberoi Realty, Jubilant Foodworks, Gujarat Gas, Chennai Petro and Federal Bank.
Bank Nifty was marginally in the green, up 0.12 percent but the stock which zoomed was Federal Bank that zoomed 5.38 percent after the company declared strong Q2 numbers while ICICI Bank was up 1 percent.
Sudarshan Sukhani of s2analytics.com advises avoiding private banks and recommends buying Bajaj Auto, Cipla and Jubilant Foodworks.
Ashwani Gujral of ashwanigujral.com recommends buying Jubilant Foodworks, Escorts and M&M Financial Services.
Ashwani Gujral of ashwanigujral.com recommends buying Coromandel International, Ashok Leyland, IGL, Edelweiss Financial Services and Jubilant Foodworks.