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
Elara said NBFCs are expected to bear the brunt of tightening liquidity, down 18.6 percent YoY, whereas banks would benefit, up 69 percent YoY, due to improving credit deposit ratios and improvement in pricing power, given the stress in the NBFC space.
We recommend buying KNR Construction for the upside target of Rs 205, and keep a stop loss below Rs 178, says Nandish Shah of HDFC Securities.
Rajesh Agarwal of AUM Capital suggests buying Aptech with a stoploss of Rs 153 and target of Rs 170.
This setup indicates that bears seem to have lost the dominance gradually and there could be a chance of a trend reversal for the short-term.
Experts expect the rally to continue going forward, but volatility may increase as we are moving closer to state and general elections
As per the option data, in Nifty immediate support is seen around 10,200 levels whereas 10,500 will act as a hurdle in April expiry.
"Positional traders can buy the stock around current level and add on dips around Rs 305-307 with a stop loss below Rs 291 (closing) for the target of Rs 350 and return of 12.18 percent," says Abhishek Mondal of Guiness Securities.
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 10 points or 0.1 percent. Nifty futures were trading around 10,436-level on the Singaporean Exchange.
Trends on SGX Nifty indicate a flat opening for the broader index in India, a marginal rise of 1 point or 0.01 percent. Nifty futures were trading around 10,394-level on the Singaporean Exchange.
Nifty could find resistance in the range of 10,430-10,480. However, the level of 10,200 is expected to act a strong support. Stock specific bullishness will continue to be there.
The consolidation is likely to continue for next 3-4 months. In fact, the entire calendar year is expected to be tough.
Gaurang Shah of Geojit Financial Services is of the view that one may pick KNR Constructions.
Credit Suisse has upgraded Aurobindo to Outperform from Neutral rating with a target price at Rs 750 per share as the stock is attractive for low valuations at 13x FY19 EPS.
L&T, NTPC and KNR, among others, are being tracked by investors on Tuesday.
While maintaining Buy call on PNC Infra with reduced target price at Rs 265 (from Rs 281 per share earlier), Nomura cut EPS estimates for FY19/20 by 5-6 percent to account for higher interest costs.
“On the overall basis, long-term capital gains tax doesn’t look dampening and revenue growth assumptions are looking realistic. Investors should focus on sectors/stocks having agri or rural theme. Escorts, Ashok Leyland, M&M, PI Inds and UPL will be positive,” Hemang Jani, Head Equity Sales & Advisory, Sharekhan told Moneycontrol.
Ashwani Gujral of ashwanigujral.com suggests buying KNR Construction with a stop loss of Rs 270, target of Rs 287, a buy in Aurobindo Pharma with a stop loss of Rs 784, target of Rs 810 and a buy in JM Financial with a stop loss of Rs 168, target of Rs 182.
Ruchit Jain of Angel Broking is of the view that one may buy India Cements with a target of Rs 205.
According to Geojit Research, the top Diwali 2017 picks include names like Yes Bank, KNR Constructions, NBCC, Aurobindo Pharma, Tata Motors, JK Lakshmi Cement, Aarti Industries, Bharat Electronics and UPL.
Sharekhan has carefully chosen 10 quality picks to make another market‐beating portfolio. This portfolio is well balanced and provides superior returns, without any unnecessary risk.
NTPC, Glenmark and GAIL, among others, are being tracked by investors on Monday.
Gaurang Shah of Geojit Financial Services is of the view that one may prefer PNC Infratech and KNR Construction.
Yes Bank, Infosys and AU Small Fin, among others, are on the radar of investors on Friday.
Suggests betting on Glenmark Pharma, PNC Infratech, and KNR Constructions
Gaurang Shah of Geojit Financial Services is of the view that one may prefer PNC Infratech and KNR Constructions.