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
Vineeta Sharma of Narnolia Financial Advisors also feels results declared so far have been slightly below their estimate.
Internationally, sectors such as power T&D, water, metro rail and hydrocarbons would contribute to growth.
Analysts feel investors will still focus on quality stocks only in 2020
As market was testing new highs, emergence of geopolitical tensions could force people to book profits, said experts
Sudarshan Sukhani of s2analytics.com recommends buying Larsen & Toubro with stop loss of Rs 1315 and target of Rs 1367 and TCS with stop loss of Rs 2150 and target of Rs 2275.
Most experts see FII flows moving towards few largecaps in coming year also
HDFC Securities selected stocks across major sectors financials, consumer, pharma, industrials, oil, automobile, cement and technology.
Prakash Gaba of prakashgaba.com recommends buying Jubilant Foodworks with target at Rs 1620 and stop loss at Rs 1582 and SRF with target at Rs 3500 and stop loss at Rs 3380.
Sudarshan Sukhani of s2analytics.com recommends buying HCL Tech with stop loss at Rs 542 and target of Rs 585 and ICICI Prudential Life Insurance with stop loss at Rs 487 and target of Rs 515.
Axis Securities expects the upcoming year to be good for equity investments, especially the midcaps, following the aggressive roadmap of reforms undertaken by the government treading fiscal prudence path.
Mitesh Thakkar of miteshthakkar.com recommends buying Ashok Leyland with a stop loss of Rs 78.8 and target of Rs 85 and Hindalco Industries with a stop loss of Rs 204 for target of Rs 218.
Nifty has managed to form a support base in the range of 11,850-11,800 twice in the recent past and hence, this range now becomes sacrosanct for the near term.
Rising food prices have pushed retail inflation in November to a three-year high of 5.54 percent.
Motilal Oswal revisited its order inflow assumption to factor in risks of capex cuts and the likely delay in order awarding from the Maharashtra government post the change of government in the state.
Mitesh Thakkar of miteshthakkar.com recommends buying HDFC Bank with a stop loss of Rs 1232 for target of Rs 1265 and JSW Steel with a stop loss of Rs 254 for target of Rs 269.
In case the Nifty50 slips below it, we may see an extension of profit booking towards 11750 – 11700.
It is better to remain stock-specific and opt for stocks that have potential to rise rather than the ones that are overbought
L&T's order inflows were weak during Q3FY2020, with three significant orders and one mega order announced till date.
On this Children's Day, which India celebrates every year on November 14, the birth anniversary of former Prime Minister, we collated a list of six stocks which can give double-digit returns in the long term
VK Vijaykumar of Geojit Financial Service feels the proposed AIF is better than the earlier one since this also includes projects referred to NCLT.
Most experts believe that the economy, as well as earnings, will pick up in the next financial year
The BSE Sensex already surpassed earlier record-high and made a fresh high of 40,392.22 last week, showing over 11 percent gains from September lows.
FII remained net sellers last week as they sold equities worth Rs 1,272.41 crore.
Given current market sentiment and high perceived risk towards corporate governance issues, it is best to avoid poorly governed mid and smallcap companies with question marks on their financials, Rusmik Oza advised.
Experts feel that economic activity is likely to remain muted and investors will be better off with companies that are likely to benefit the most from the corporate tax cut.