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 Nifty reclaimed 8,575 this week after some lower-level buying was witnessed in heavyweights like Reliance Industries, HDFC twins and Infosys.
Nifty has slid below its 100-days exponential moving average on monthly charts which can trigger further selling pressure into the prices in coming sessions once again.
Ashwani Gujral of ashwanigujral.com recommends selling Tata Consultancy Services with a stop loss of Rs 2050, target of Rs 1900 and NIIT Tech with a stop loss of Rs 1710, target of Rs 1650
Between February 20 and 26, the Sensex has lost over 1,400 points and the Nifty 450 points.
Sudarshan Sukhani of s2analytics.com recommends buying Berger Paints with stop loss at Rs 540 and target of Rs 560 and Castrol India with stop loss at Rs 134 and target of Rs 146.
Mitesh Thakkar of miteshthakkar.com recommends buying BPCL with a stop loss of Rs 470 for target of Rs 500 and Larsen & Toubro with a stop loss of Rs 1330 for target of Rs 1380.
Sudarshan Sukhani of s2analytics.com recommends buying Ashok Leyland with stop loss at Rs 84.80 and target of Rs 88 and M&M Financial Services with stop loss at Rs 348 and target of Rs 355.
Consumer sales growth has slowed over the past five years, but earnings growth remained healthy aided by benign raw material costs and reduction in indirect and direct tax burden, BNP has said
Mitesh Thakkar of miteshthakkar.com advises selling ITC with a stop loss of Rs 239 and target of Rs 226.
According to Kotak Institutional Equitie , companies under its universe may see 0-18 percent earnings growth in the current financial year.
Rural market, accounting for 45 percent of overall revenue of the FMCG sector, is one of the key contributors to India’s FMCG growth story.
In the last 2 years, from CY2016 to CY2018, Nestle's revenues have grown 22 percent and net profit increased by 73 percent.
The next immediate support for Nifty50 is placed at around 10,750 and then towards 10,600 levels, while resistance is observed at 11,110 and then towards 11,200 levels.
Mitessh Thakkar of mitesshthakkar.com recommends buying Asian Paints with a stop loss of Rs 1386 and target of Rs 1440 and Zee Entertainment above Rs 368 with stop loss of Rs 363 and target of Rs 382.
Ashwani Gujral of ashwanigujral.com recommends buying Adani Power with a stop loss of Rs 63, target of Rs 75 and Canara Bank with a stop loss of Rs 272, target of Rs 284.
Ashwani Gujral of ashwanigujral.com recommends buying Jubilant Foodworks with a stop loss of Rs 1230, target of Rs 1275 and Tata Global Beverage with a stop loss of Rs 259, target of Rs 271.
The Relative Strength Index (RSI) on the daily time frame suggests that the bullishness remains intact and the rally has more legs on the upside
In the March quarter, the most popular stocks performed the worst, failing to beat the benchmark; whereas neutral to moderately popular stocks delivered the second best return
Aditya Agarwal of Way2Wealth Securities says the Nifty can test 11,760-11,800 if it crosses the resistance placed near 11,620 levels
Ashwani Gujral of ashwanigujral.com recommends buying Syndicate Bank with a stop loss of Rs 40, target of Rs 47, Indian Bank with a stop loss of Rs 274, target of Rs 286 and Indiabulls Housing Finance with a stop loss of Rs 800, target of Rs 825.
The stock has corrected by around 10 percent from its 52-week high of 11,751 recorded on February 8
Ashwani Gujral of ashwanigujral.com recommends buying Sun TV with a stop loss of Rs 525, target of Rs 540, Petronet LNG with a stop loss of Rs 220, target of Rs 236 and Bata India with a stop loss of Rs 1145, target of Rs 1180.
has surpassed important resistance of 25,900 levels and closed above the same which is a positive development, says Hadrien Mendonca of IIFL.
Rajesh Agarwal of AUM Capital recommends buying Hero MotoCorp with stop loss at Rs 2890 and target of Rs 2960, Just Dial with stop loss at Rs 497 and target of Rs 528 and Siemens with stop loss at Rs 904 and target of Rs 975.
Sudarshan Sukhani of s2analytics.com suggests buying KPIT Technologies with stop loss at Rs 216 and target of Rs 228, Siemens with stop loss at Rs 910 and target of Rs 970 and Colgate Palmolive with stop loss at Rs 1100 and target of Rs 1150.