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
One can add longs in HDFC Bank in the zone of Rs 1,400-1,425 for upside target of Rs 1,500 and stop-loss would be placed near Rs 1,368 on daily close basis.
SJVN | PSU sector has been outperforming for last two months and same is expected to continue. Stock has been finding support on its 50 days EMA placed at Rs 28 odd levels. Indicators and oscillators setup is bullish on daily and weekly charts.
Trade Spotlight | Here's what Malay Thakkar of GEPL Capital, recommends investors should do with these stocks when the market resumes trading today
Going ahead, Karan Pai of GEPL Capital expects the 17,200 mark to act as a strong resistance level. If the prices breach above the 17,200 mark, we can expect the prices to move higher towards the 17,600 level
Here's what Shrikant Chouhan of Kotak Securities recommends investors should do with these stocks when the market resumes trading today.
The S&P BSE Midcap index surged 3.3 percent and S&P BSE Largecap Index added 1.89 percent, while Smallcap Index was up 1.47 percent last week.
The reaction to the US-China trade war on equity markets was nothing short of a bloodbath. Asian markets plunged while back home Sensex and Nifty recorded a cut of over 1 percent. The rout witnessed by the Indian market on Friday has eroded Rs 1.57 crore of investor wealth.
Stocks which led the rally on D-Street include names like Jaiprakash Associates which rose 49.82 percent, followed by MMTC which gained 47.16 percent, and Vakrangee rallied 26 percent in just five trading sessions.
Vijay Chopra of enochventures.com is of the view that one may buy Sintex Industries with a target of Rs 23.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Axis Bank, Dr Reddy's Labs, TCS and Wockhardt and can exit MMTC.
Ashwani Gujral of ashwanigujral.com suggests buying MMTC, LIC Housing Finance and Bajaj Electricals.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Colgate Palmolive, DLF and Tata Elxsi and can hold MMTC and Tata Communications.
Prakash Gaba of prakashgaba.com advises buying Bajaj Finance with target Rs 1820.
Analysts were expecting some sort of bounce back which has come considering the fact benchmark indices were trading near crucial support levels.
Ashwani Gujral of ashwanigujral.com recommends buying Idea Cellular with a stop loss of Rs 96, target of Rs 108, a buy on MOIL India with a stop loss of Rs 258, target of Rs 273 and a buy on Torrent Power with a stop loss of Rs 278, target of Rs 293.
According to Mitessh Thakkar of mitsshthakkar.com, one may buy Ashok Leyland and MMTC.
Mitessh Thakkar of miteshthacker.com recommends buying Ashok Leyland and MMTC.
According to Jay Thakkar of Anand Rathi Securities, one may buy Mcleod Russel with a target of Rs 188.50.
Sameet Chavan of Angel Broking suggests buying Bharat Forge with a target of Rs 1195.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Colgate Palmolive, Coffee Day, MMTC and Rolta India and sell Cipla.
Vishal Malkan of malkansview.com is of the view that one may sell Marico with a target of Rs 285.
Most analysts feel the Budget 2017 is likely to have a pro-poor focus. The market will watch for govt's FY18 fiscal deficit target, divestment plans, announcement on the taxation front among others. The market expects govt to relax its FY18 fiscal deficit target of 3 percent.
Ashwani Gujral of ashwanigujral.com suggests buying Escorts, BEML and Bharat Electronics.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy TVS Motor Company, MMTC and NHPC.
Here are a few top buzzing stocks picked by CNBC-TV18's analysts in trade today -- Idea Cellular, Sun Pharma, DRL, Lupin, Aurobindo Pharma , Glenmark, Natco Pharma, Alkem Labs, Ajanta Pharma, Strides Shasun, Biocon, Cipla, Cyient, MMTC and Power Grid.