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
Bank of Baroda shares climbed 4.6 percent to Rs 199.10, the highest closing level since August 21, 2015, and formed long bullish candlestick pattern on the daily timeframe for yet another session. The stock has made higher high, higher low formation, with above average volumes.
MCX India has witnessed a breakout of a bullish double bottom pattern formation on the longer time frame while on the daily chart; it has given a breakout of a bullish Inverse Head & Shoulder pattern with huge volume.
FII flows, global cues, along with currency markets, will play a vital role in deciding the market direction
Hot Stocks | Tuesday's low of 18,085 is at 9-DMA; below this, 17,950-17,800 will be the next important support level while 17,650 is critical support at any correction, however, every correction is a good buying opportunity, says Santosh Meena of Swastika Investmart
D-Street is counting on key reforms in the Budget that could push growth and kicks tart the capex cycle in the economy.
Generally, it is believed muhurat trading brings prosperity and wealth throughout the year. It takes place on the Laxmi Pujan day for an hour in the evening.
Experts point out select mid and smallcaps look good for medium to long term horizon. They name about 20 favourite stocks
The government consistently focuses on development of smart cities across country, especially since they came in to power in 2014.
After the mega booster, most brokerages raised their Sensex and Nifty target by 15-20 percent from September 19's closing levels and also raised earnings estimates for sectors such as banking & financials, FMCG, auto
Crude oil prices and rupee movement amid trade tension between US-China and US-Iran are likely to keep markets volatile, an expert said
Most brokerage firms have an aggressive target price of above Rs 540 per share in the next 12 months that translates into an upside of about 16 percent from March 27 closing price of Rs 467
Overall, especially after the run in November, the market has been rangebound and stock-specific action has continued, which is likely to be the top theme in the rest of 2019 as well
The stock price closed at a six month high on Monday and is now on the verge of breaking above its 200-day SMA which is placed at Rs 394 levels.
We recommend buying the stock at CMP for the target of Rs 430, keeping stop loss at Rs 350 on closing basis, says Vinay Rajani of HDFC Securities.
Midcap and smallcap indices gained 7.3 percent and 6.3 percent, respectively.
IT, Consumer and Capital Goods are likely to report solid earnings growth while automobiles, pharmaceuticals, and cement will continue to witness margin pressures leading to subdued earnings
RBL Bank is likely to see improving return profile over the next couple of years, due to improving advances & loan mix, higher CASA, lower cost ratios and improving asset quality
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.
Deutsche Bank maintains its buy rating on Federal Bank but has reduced its 12-month target price to Rs 120 per share from Rs 130 earlier.
"We expect the index to continue with its base formation in the broader range of 10,750-10,500 in the near-term, with stock specific activity remaining in focus amid elevated volatility as we approach the upcoming Karnataka elections," says Dharmesh Shah, Head Technical, AVP at ICICI Direct.com Research
"Its diversification focus has led to success in securing significant orders in the non-T&D business with healthy margins. We have a buy on the stock with target of Rs 549 per share," says SMC Global Securities.
Here is the list of 20 stocks that could give up to 50 percent return over a period of one year.
The index has some stiff resistance at 10615, where 20 and 50-days moving averages are seen. Thus, the index may see some profit booking above 10600, after a bounce back.
Avinnash Gorakssakar, Market Expert is of the view that one may hold Kalpataru Power.
Prakash Gaba of prakashgaba.com is of the view that one may hold Kalpataru Power Transmission.
