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 market is expected to continue rangebound trading in the upcoming sessions. Below are some short-term trading ideas to consider.
Overall, the trend remains positive, though some profit booking and consolidation in the upcoming sessions can't be ruled out after the robust gains of the previous session. Below are some short-term trading ideas to consider.
The Nifty 50 is expected to consolidate with a positive bias as long as it defends the rising support trendline. Below are some trading ideas for the near term.
In the short term, the Nifty50 index is likely to maintain its momentum. On the upside, it could potentially approach 20,000 mark. The support range is positioned at 19,700 - 19,750.
A decisive move beyond 19,750 on the Nifty50 could potentially push the index towards 19,900. On the downside, support is established at 19,600.
From the mid-cap segment, auto ancillary, metal and IT stocks should be kept on the radar for short to medium-term gains, said Vinay Rajani of HDFC Securities
Ashwani Gujral of ashwanigujral.com suggests buying JSPL with stop loss at Rs 119 and target of Rs 130.
PE multiple is widely used as a valuation tool that helps in screening a stock on a relative basis.
Mitessh Thakkar of miteshthacker.com recommends buying Britannia Industries with stop loss of Rs 4785 for target of Rs 5000 and Infosys with a stop loss of Rs 1144 for target of Rs 1190.
Ashwani Gujral of ashwanigujral.com recommends buying Indiabulls Housing Finance, Motilal Oswal, Biocon, Titan Company an Motherson Sumi Systems.
Ashwani Gujral of ashwanigujral.com recommends buying Orient Cement, Havells India and Kotak Mahindra Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Dredging Corporation, DLF and Motilal Oswal.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Motilal Oswal, BPCL and Tata Global.
Ashwani Gujral of ashwanigujral.com is of the view that one may exit Religare Enterprises.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Fortis Healthcare and Just Dial.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NBCC and sell Voltas and ICICI Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Motilal Oswal, Hindustan Copper, Engineers India, DHFL and Dr Lal PathLabs and advises selling Escorts.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Indraprastha Gas and Union Bank of India and can buy Motilal Oswal.
Ashwani Gujral of ashwanigujral.com recommends buying Hitachi Home, Motilal Oswal, NBCC, Tata Chemicals and Petronet LNG.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Indraprastha Gas, HDFC Bank and Avanti Feeds.
According to Ashwani Gujral of ashwanigujral.com, one may buy Motilal Oswal, Tata Motors DVR, Bata and Godrej Properties.
Ashwani Gujral of ashwanigujral.com recommends buying PC Jeweller, BEML and Motilal Oswal Financial Services.
A company which is forecasted to deliver a higher earnings is a good bet for your portfolio but at the same time investors should investigate whether economic conditions permit such kind of growth multiple.
Ashwani Gujral of ashwanigujral.com suggests buying Buy TV Today Network, Whirlpool and Motilal Oswal.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Motilal Oswal Financial Services.