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
The experts further advised to continue with the buy-on-dips strategy till the index holds 19,600-19,500 on the downside
Going forward, 19,600-19,500 is expected to act as a crucial support for the Nifty50 in coming sessions, and if it manages to sustain above then the gradual upmove towards 20,000 can be possible, experts said
Breaching either side of 18,200-18,450 range can give some kind of direction to the market in the coming days, but having a monthly expiry and FOMC minutes scheduled this week, volatility and consolidation is at the top before any kind of big move on either side of range
Reacting on the above news, stock of many auto and auto-components makers rallied. The Nifty Auto index gained 0.86 percent as Tube Investments, Ashok Leyland, Tata Motors, Bharat Forge, Balkrishna Industries and Bajaj Auto gained 1-3.6 percent.
Every sector participated in the run seen this month, given expected recovery in earnings and economy after slew of measures announced in last one year.
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
The risks to portfolio would be geopolitical tension and global recession (as there are expectations of economy slowdown in US and Europe), Edelweiss said.
Equirus Securities said uncertainty regarding elections in 2019 might keep markets volatile.
The valuation of India market still remains to be rich; hence, any correction owning to global volatility should be used as a buying opportunity to dig into quality stocks.
Market leadership, marquee clients in its kitty, its focus on developing technologically advanced products and adoption of LED-based products provide an improved earnings visibility for the company
The increasing adoption of LEDs by the original manufacturers would offer great opportunities for Lumax as LEDs require technical expertise and Lumax gets desired support from Stanley.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Prakash Diwan of Altamount Capital Management shared his reading and outlook on the market and also gave recommendations on various stocks.
The whole world might be worried about IT and pharma amid regulatory hurdles as well as rising rupee but fundamentally they remain a strong play, Sheth told CNBC-TV18.
Aashish Tater of fortunewizard.com is of the view that Lumax Industries may test Rs 700.
Aashish Tater of fortunewizard.com is of the view that Lumax Industries may test Rs 700.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have – Geometric, ICICI Bank, Triveni Engg, Persistent Systems, Lumax Ind, Srikalahasthi Pipes & VLS Finance.
Lumax industries has target of Rs 386.5, says Aashish Tater of Fort Share Broking.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
One should accumulate Lumax Industries, says Ashish Tater, Head of Research, Fort Share Broking.
Lumax can test Rs 480, says Ashish Tater, Fort Share Broking.