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
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.
Dinesh Thakkar of Angel Broking said though MF inflows this year have slowed down, he was very confident that MF inflows will pick up from here on as market sentiment improves
We have incorporated the latest numbers to our models for the company and continue to remain positive for the company.
Experts feel Diwali 2019 to Diwali 2020 period could be an exciting phase for the markets, expecting the market to return 15-25 percent.
The equity market may trade with a negative bias in the short-term, but the broader market will maintain its positive bias in the long-term, Vinod Nair of Geojit Financial Services says.
According to CLSA, GDP growth in FY20 is likely to be around 6 percent, much lower lower than the RBI's 6.9 percent projection.
We expect the company to continue to gradually improve its performance in medium term.
Sales growth will be healthy and margins are likely to sustain or improve from current levels.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India with stop loss at Rs 1295 and target of Rs 1340 and Hindustan Unilever with stop loss at Rs 1710 and target of Rs 1755.
We have incorporated the latest numbers to our models for the company and continue to remain positive for the company.
Any move below strong support zone of 11,300-11,350 will trigger a move towards 11,100 where 200 DMA and line of parity is placed
Infosys has strong resistance at Rs 760 and a fresh up move is expected only if this level is held
With the expected focus on capex/infra themes in the upcoming Budget, we continue to be positive on the capital goods sector
Nifty Infra can touch 3,525, which if held can lead to a further rise till 3,725, keep a stop-loss below 3,250
Sudarshan Sukhani of s2analytics.com recommends buying Axis Bank with stop loss at Rs 798 and target of Rs 820 and Bata India with stop loss at Rs 1445 and target of Rs 1489.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India with a stop loss of Rs 360, target of Rs 374 and Bharti Airtel with a stop loss of Rs 348, target of Rs 364.
Most experts feel the government could focus more on infrastructure and rural spending, which are key areas to bring growth back on track
The company won new orders worth Rs 176, 834 crore at the group level during FY19, increasing 16% over the previous year.
We remain constructive on India's overall economic growth going forward and suggest that investors may continue to build equity exposure for the long term
We advise keeping a stock-specific trading approach with a focus on risk management aspects.
Nifty formed a Bullish Engulfing Candlestick pattern on the daily chart. The move came after the index found support around its 50-DMA of 11680 levels.
In case of banks, Morgan Stanley believes asset quality and loan growth are expected to be strong which will drive their earnings going ahead, especially after facing problem on asset quality front for past several quarters.
In 2019 so far, the Sensex and Nifty rallied 10 percent each while the BSE Midcap index fell 3 percent and Smallcap index lost 1 percent.