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
NSE Smallcap Index is in full momentum and we expect it to register new all-time high above 12,047 and go beyond in the near term.
On the Options front, we have maximum Call Open interest at 19,000 strike, which is Out-Of-Money (OTM) indicating the traders are betting big on 19,000 mark again. Whereas on the Put side, the maximum open interest was at 18,000 strike, suggesting crucial support area for the Nifty in January series
Last week, stocks from infrastructure space seem to be buzzing along with pharma stocks, which appear to have come out of their slumber.
We recommend buying Kalyani Steel for the upside target of Rs 305, and a stop loss placed below Rs 270, says Nandish Shah of HDFC Securities.
The short term target for the Bank Nifty is seen at 28,400, while support for the same is placed at 27,450. If we were to see the medium and long term charts, then the ultimate target is seen at 29,300 levels.
Rajesh Agarwal of AUM Capital recommends buying Hindustan Oil Exploration with stop loss at Rs 140 and target of Rs 149, Marksans Pharma with stop loss at Rs 31 and target of Rs 37 and Liberty Shoes with stop loss at Rs 206 and target of Rs 233.
"Till Nifty holds 10,350 levels decisively, bounce back from lower levels cannot be ruled out and on higher end stiff hurdle seen around 10,490 mark," says Rajesh Agarwal of AUM Capital.
KEI Industries, Deeapk Nitrite and Kalyani Steel are on the radar of Anand Rathi Share and Stock Brokers
Bharat Forge,Sonata Software and Kalyani Steel are on the radar of Anand Rathi Share and Stock Brokers
Ashwani Gujral of ashwanigujral.com recommends buying Gujarat Fluorochemicals, Motilal Oswal, Jindal Saw and Asian Paints.
According to Ashwani Gujral of ashwanigujral.com, one can buy India Cements, Kalyani Steels and Hindustan Zinc.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Dewan Housing Finance, Kalyani Steels and Supreme Infra.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Karnataka Bank and Kalyani Steel and sell DLF.
SP Tulsian, sptulsian.com in an interview to CNBC-TV18 shares his rationale behind being bullish on midcap steel stocks like Sarda Energy, Prakash Industries, Sunflag Iron etc. However, he does like JSW Steel from largecap space.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com recommends selling Coal India and advises buying Carborundum Universal and Kalyani Steel.
According to Ashwani Gujral of ashwanigujral.com, one can buy NBCC, Mahindra & Mahindra Financial Services and Kalyani Steel.
All investment companies have surged in the last few days but one holding company which hasn't moved is Bajaj Holdings & Investment.
Ashwani Gujral of ashwanigujral.com recommends buying UltraTech Cement, Kalyani Steel and Indian Oil Corporation.
Ashwani Gujral of ashwanigujral.com recommends buying Kalyani Steels and Escorts and advises selling Tata Motors DVR.
Vijay Chopra of enochventures.com advises holding Kalyani Steel.
Ashu Madan of Religare Capital is of the view that one can hold Kalyani Steels.
Amit Harchekar of A Plus Analytics recommends buying JSW Energy and Kalyani Steel and advises shorting Tata Chemicals and Oriental Bank of Commerce.
Mayuresh Joshi of Angel Broking is of the view that one may invest in Infosys with a target of Rs 1306.
Meghana V Malkan of malkansview.com advises selling Century Textiles with a target of Rs 678.