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
Traders can look to trade with a positive bias and buy Reliance Industries in the range of Rs 2,460-2,450 for a potential target of Rs 2,600 in the near term. One should place a stop-loss below Rs 2,380 on long positions
The Nifty 50 must surpass 16,800-17,000 levels to gain strength, which is possible if geopolitical tensions ease. However, 16,400-16,200 will act as crucial support levels, experts said.
The long-awaited package is expected to boost the textile sector as it will not only promote high-value MMF fabrics and garments, and encourage industry to add more capacities going ahead with focus on organised players, but also create huge employment in coming quarters.
Overall, market witnessed follow-up buying on Tuesday and Nifty managed to surpass the key resistance level of 15,100. The rally was supported by banking, auto and metal counters, said Shitij Gandhi of SMC Global
The market is likely to continue its bull run, given the slew of growth-oriented measures taken by the government and RBI, though there could intermittent corrections, say experts.
Vineeta Sharma of Narnolia Financial Advisors said the sharp fall in valuation was an opportunity for prudent long term equity investors.
On the technical front, both Nifty and Bank Nifty are trading in a rising channel. However, Bank Nifty is facing a strong hurdle in the zone of 32,200-32,350.
A lot of stocks have shown double digit growth in the last few sessions but it is never too late to invest, provided it is done after a thorough research.
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.
Around 134 out of 776 smallcap stocks closed in the green and out of which top 10 stocks rallied between 8 percent and 33 percent
Bank Nifty remains a buy on dip till it trades above 28,750.
Amid rising complexity, Jefferies preferred to maintain hold rating on Future Retail.
The rally which pushed Sensex to record highs was just handful of largecap stocks while most well-known stocks in the broader market were hitting 52-weeks low.
Trent's strong balance sheet, strong business positioning and stores expansion plan make it attractive for long term investment. Target of Rs 355 implies 4x EV/Sales on FY20, says Shailendra Kumar of Narnolia Financial Advisors.
Along with GST rising urbanisation and premiumisation by aspirational middle class, will move the balance of power firmly in favour of professionalised formal businesses.
Kunal Saraogi of Equityrush is of the view that oen may buy Federal Bank with a target of Rs 97.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy Titan Company with a target of Rs 855.
Prakash Diwan of Altamount Capital Management recommends buying Tata Motors at the current level.
Earnings recovery and normal monsoon would be next key triggers for market, feel experts who expect that could drive the Nifty towards five digits mark (10,000).
On CNBC-TV18's special show 'Super17', market experts SP Tulsian, Prakash Diwan, Dipan Mehta and Daljeet Singh Kohli outlined a list of 17 stocks they are bullish on for the coming year 2017.
Ashwani Gujral of ashwanigujral.com recommends selling Bank of India and Reliance Infra and advises buying Trent.
Shardul Kulkarni of Angel Broking recommends booking profits in Trent at around Rs 1220-1240.
In CNBC-TV18's popular show Bull's Eye, Prakash Diwan, Prakash Diwan's Wealth Circle shares trading strategy of the day.
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.
SP Tulsian of sptulsian.com spoke to CNBC-TV18 about the winter Parliament session and why he thinks there is a hope from the FDI in retail. Tulsian feels the session will be lukewarm and nothing positive can be expected.