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
Elara Capital has initiated coverage on aviation sector. It has assigned buy call for InterGlobe Aviation (IndiGo) with target price of Rs 1,737, SpiceJet with target price of Rs 170 and Jet Airways with target of Rs 610.
According to Prakash Gaba of prakashgaba.com, 9685 is under threat and only a move above 9860 would negate the down move. The crucial support for Nifty is at 9685 and the resistance is at 9860-9911. Bank Nifty on the other hand has support at 23750 and resistance at 24250.
We like the company on the back of its turnaround and multiple growth drivers. Additionally, the relatively undemanding valuation is an additional draw.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks and sectors.
The promoters of IndiGo came out last evening and defended the airline's interest in the national carrier Air India. In a conference call with investors which laster over 60 minutes, IndiGo's promoters explained the rationale behind their expression of interest. In an interview to CNBC-TV18, Mayur Milak, Senior Research Analyst at Indianivesh Securities shared his take on the same.
Rajat Bose of rajatkbose.com is of the view that Interglobe Aviation has resistance at Rs 1275.
Ashwani Gujral of ashwanigujral.com recommends buying Edelweiss Financial, IGL and Aurobindo Pharma.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Sudarshan Sukhani of s2analytics.com suggests buying Apollo Tyres, SpiceJet and Dabur India.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com picks two stocks as his multi-baggers for the day.
Vijay Chopra of enochventures.com recommends buying Punjab National Bank with a stoploss at Rs 165 and target of Rs 175 and SpiceJet with a stoploss at Rs 108 and target of Rs 116.
The domestic air traffic was up about 15 percent in March but that is below the 20 percent that it was managing to notch up about couple of months back. In an interview to CNBC-TV18, Mayur Milak, Research Analyst - Institutional Equity at Anand Rathi shared his views and outlook of the aviation and tyre sector.
In an interview to CNBC-TV18’s Latha Venkatesh, Anuj Singhal, and Sonia Shenoy, Mayuresh Joshi of Angel Broking shared his readings and outlook on market and specific stocks.
Deepak Shenoy of Capitalmind.in is of the view that SpiceJet is more attractive valuation wise as compared to Jet Airways and Interglobe.
Deepak Shenoy of Capitalmind.in is of the view that one may prefer SpiceJet from the aviation space as it remains attractive.
SP Tulsian, sptulsian.com in an interview to CNBC-TV18 shares his rationale behind his bullishness on aviation companies like Jet Airways and SpiceJet.
Dilip Bhat of Prabhudas Lilladher likes SpiceJet and Interglobe Aviation.
Morgan Stanley feels any interest in Axis Bank will be based on its retail franchise as it is one of the few banks with a strong retail deposit franchise.
Discussing the reports of Kotak Mahindra Bank approaching government for a possible merger with Axis Bank, SP Tulsian of sptulsian.com said that the government could be looking to divest its stake, as with IDBI Bank.
As seasonally Q3 is the strongest quarter, number of passengers in November rose 23 percent (YoY), clearly indicating a structural upswing in demand. Passenger load factor (PLF) rose 460 basis points monthly to 80.2 percent.
Prakash Gaba of prakashgaba.com is of the view that Bajaj Auto can climb to around Rs 2650, keep stop loss at Rs 2570 while Exide Industries can climb to Rs 117, keep stop loss at Rs 173.
According to Prakash Gaba of prakashgaba.com, one may exit SpiceJet, if it slip below Rs 54.
Avinash Gorakshakar, Market Expert is of the view that one may exit SpiceJet.
Rajat Bose of rajatkbose.com advices selling SpiceJet.