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
While midcap stocks tend to see more volatility versus Nifty50, over a longer term they tend to deliver stronger returns and this theme is expected to play out going ahead, Nirali Shah said.
The final/official list of large, mid and small-caps will be released by AMFI by the first week of January 2021, which will be effective for the February-to-July 2021 period.
YES Bank, Adani Enterprises, PI Industries, Hind Aeronautics and Jubilant FoodWorks are the stocks that have a high probability of being included in the largecap category from the midcap category.
If you are a retail investor have Rs 1 crore to invest, here are a few recommendations for investing and dividing your portfolio exposure across these sectors.
The Nifty can continue trading in the 11,790-12,018 range with a positive bias and a level of 12,180 can be expected if the range breaks on the upside.
Liquidity driven rally has almost completed 78.60 percent retracement of the entire downswing seen from January 2020 top to March 2020 bottom.
In the coming sessions, we believe that volatility may grip the markets but bias would remain bullish as far as Nifty is trading above 10,950
The break of 10,550 – 10,600 level will open the gate for 11,000 level in the coming trading sessions. In case the index violates 10,000, a sharp decline will take place which could drag the index towards 9,700 – 9,500 levels.
Due to the COVID-19 pandemic, most large and mid-cap stocks have corrected significantly. They are expected to remain volatile unless the issue of coronavirus comes under control.
Mitesh Thakkar of miteshthakkar.com recommends selling Bharat Forge with a stop loss of Rs 376 for target of Rs 350 and Britannia Industries with a stop loss of Rs 2840 for target of Rs 2720.
Mitesh Thakkar of miteshthakkar.com suggests selling Axis Bank with a stop loss of Rs 688 for target of Rs 655 and Equitas Holdings with a stop loss of Rs 104 for target of Rs 95.
Sudarshan Sukhani of s2analytics.com recommends buying Castrol India with stop loss at Rs 147 and target of Rs 154 and Escorts with stop loss at Rs 830 and target of Rs 860.
A long-range negative candle was formed on March 2 within a high low range of 11,433-11,036. This shows weakness with high volatility in the market.
Mitesh Thakkar of miteshthakkar.com suggests selling Bajaj Finserv with a stop loss of Rs 9450 for target of Rs 9240 and Container Corp with a stop loss of Rs 526 for target of Rs 495.
Sudarshan Sukhani of s2analytics.com recommends buying Bajaj Finserv with stop loss at Rs 9500 and target of Rs 10300 and Havells India with stop loss at Rs 611 and target of Rs 635.
Sudarshan Sukhani of s2analytics.com recommends buying Berger Paints with stop loss at Rs 540 and target of Rs 560 and Castrol India with stop loss at Rs 134 and target of Rs 146.
Mitesh Thakkar of miteshthakkar.com recommends buying BPCL with a stop loss of Rs 470 for target of Rs 500 and Larsen & Toubro with a stop loss of Rs 1330 for target of Rs 1380.
Consumer sales growth has slowed over the past five years, but earnings growth remained healthy aided by benign raw material costs and reduction in indirect and direct tax burden, BNP has said
A constant trade above 12,320 will extend the gains to levels of 12,370-12,400 which happens to be the upper end of the rising channel.
As long as Nifty trades below 12,150, the probability of retesting the lows of 11,800 remains high. Some relief for bulls can be expected on a close above 12,250.
Sudarshan Sukhani of s2analytics.com recommends buying Shree Cements with stop loss at Rs 22000 and target of Rs 23300 and Torrent Power with stop loss at Rs 282 and target of Rs 297.
For the week, we expect Bank Nifty to trade in the range of 33,600-31,300 with mixed bias.
Rajat Bose of rajatkbose.com recommends buying Ashok Leyland with stop loss below Rs 80.75 for target of Rs 90 and Aditya Birla Capital with stop loss below Rs 103.30 for target of Rs 112 and Rs 114.
Rusmik Oza of Kotak said high expectations from the Budget could lead to a good start for Indian equities in 2020.
HDFC Securities selected stocks across major sectors financials, consumer, pharma, industrials, oil, automobile, cement and technology.