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
Prakash Gaba of prakashgaba.com suggests selling Just Deal with stop loss at Rs 597 and target of Rs 570
BSE Smallcap index declined 9 percent, BSE Midcap index down 2 percent, while BSE largecap index added 10 percent in last one year.
A move above 11,700 could be an extremely strong sign for the bulls because above 11,700 the Nifty has the potential to make a record high
Nifty should trade in the range of 11,000-11,400 levels over the next few weeks while Bank Nifty can gain positive momentum once it crosses the 200-day average placed at 28,870 levels.
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.
The brokerage also has cautious stance on Edelweiss Financial, where it maintained hold rating.
A sustainable move above 10,900 could propel the index back towards the high of 11,141 but for a much stronger base confirmation the index needs to clear the 11,200 mark
Market is likely to trade negatively given the concerns arising of Budget declarations about raising of public holdings and tax surcharges.
We advise keeping a stock-specific trading approach with a focus on risk management aspects.
Atish Matlawala of SSJ Finance & Securities said that rate cut will benefit banks as they will be able to bring down the cost of funds and pass on the benefit to the borrowers
Nifty has taken support at its 100-day moving average placed at 11,132 and formed a bullish candle for the day. It needs to cross the immediate hurdle of 11,300 for a bounce back towards 11,400-11,450
Finance, FMCG and auto companies suffered from volume growth and delivered disappointing results.
Sudarshan Sukhani of s2analytics.com recommends buying Tech Mahindra with stop loss at Rs 800 and target of Rs 814, Hexaware Tech with stop loss at Rs 341 and target of Rs 350 and Hindustan Unilever with stop loss at Rs 1735 and target of Rs 1760.
As we head towards expiry, any close above 11600 level can take the index towards 11,700-12,000 level in the near-term.
Mitessh Thakkar of mitesshthakkar.com recommends buying Bajaj Finance above Rs 2785 with stop loss of Rs 2764 and target of Rs 2840, Vodafone Idea above Rs 33 with stop loss of Rs 32.5 and target of Rs 35 and Petronet LNG with a stop loss of Rs 228 and target of Rs 245.
Among the large-caps investors can focus on select stocks from sectors like banks, select pharmaceuticals, IT services, metals & mining, and oil & gas, said the report.
The domestic brokerage firm expects the Nifty EPS to grow 9 percent in FY19 and 27 percent in FY20.
Mitessh Thakkar of mitesshthakkar.com recommends buying Arvind with a stop loss of Rs 89.5 and target of Rs 95 and ICICI Bank with a stop loss of Rs 360 and target of Rs 378.
Sudarshan Sukhani of s2analytics.com recommends buying HDFC Bank with stop loss at Rs 2100 and target of Rs 2140, Reliance Industries with stop loss at Rs 1115 and target of Rs 1150 and LIC Housing Finance with stop loss at Rs 480 and target of Rs 495.
Sudarshan Sukhani of s2analytics.com advices selling Balkrishna Industries with a stoploss of Rs 910 and target of Rs 880.
Brent crude futures, the international benchmark for oil prices, have slipped around 30 percent since early October to trade around $60 a barrel from around $86 a barrel
Sudarshan Sukhani of s2analytics.com recommends buying Dr Reddy's Laboratories with stop loss at Rs 2645 and target of Rs 2735, Tech Mahindra with stop loss at Rs 678 and target off Rs 705 and Hero MotoCorp with stop loss at Rs 3000 and target of Rs 3080.
Mitessh Thakkar of mitesshthakkar.com suggests buying Bajaj Finance with a stop loss of Rs 2414 and target of Rs 2490, Escorts with a stop loss of Rs 678 and target of Rs 718 and Balkrishna Industries with a stop loss of Rs 972 and target of Rs 1022.
Hindalco, Maruti Suzuki and ICICI Bank are among the big Nifty names that Motilal Oswal is placing its bet on, this Diwali.
Sudarshan Sukhani of s2analytics.com suggests buying Bata India with stop loss at Rs 860 and target of Rs 920, Dabur India with stop loss at Rs 400 and target of Rs 420 and Voltas with stop loss at Rs 520 and target of Rs 544.