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 sustainability of Friday's gains is the key factor to watch in the upcoming sessions, as the Iran-Israel conflict and global cues could lead to volatility and consolidation in near term. Below are some short-term trading ideas to consider.
On the long term, "the resumption of economic activity and the vaccination drive will dictate investor sentiment going forward, hence, we remain bullish on markets," Prashanth Tapse of Mehta Equities said.
A move below 11,250-11,200 would confirm a near-term reversal for some price correction in the coming days.
The stock can be bought at the current level and on dips to Rs 192 with a stop loss below Rs 185 for a target of Rs 230-235, says Ashish Chaturmohta of Sanctum Wealth Management.
Further rise in VIX is likely cap the gains in markets and trade in a range. VIX needs to move lower for market to move higher, says Ashish Chaturmohta of Sanctum Wealth Management.
Here is a list of top three stocks which could give up to 15% return in short term.
Vinay Rajani, Technical Analyst, PCG Desk at HDFC Securities recommends buying Thomas Cook with target at Rs 325 and stop loss at Rs 260 and a buy also on NRB Bearing with target at Rs 195 and stop loss at Rs 168.
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 41 points or 0.39 percent. Nifty futures were trading around 10,596-level on the Singaporean Exchange.
Here is a list of top three stocks which could give up to 15% return in the short term.
Prakash Gaba of prakashgaba.com recommends buying CG Power with target at Rs 84 and stop loss at Rs 81.50, a buy on ITC with target at Rs 275 and stop loss at Rs 265 and a buy also on Jet Airways with target at Rs 680 and stop loss at Rs 630.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may sell SREI Infra Future with a target of Rs 94.20.
Watch the interview of Rahul Arora, CEO at Nirmal Bang Institutional Equities with Ekta Batra & Anuj Singhal on CNBC-TV18, in which he shared his readings and outlook on the market, specific stocks and sectors.
Shahina Mukadam, Market Expert recommends buying Godrej Industries with a target of Rs 420 and NIIT Tech for a target of Rs 555.
Devang Mehta of Anand Rathi Financial Services recommends buying Tata Motors.
AK Prabharkar, Independent Advisor recommends buying Petronet LNG for a target price of Rs 216 and Reliance Capital for a target price of Rs 575.
Shahina Mukadam of Varun Capital is of the view that one can buy Titan Company for a target price of Rs 387 and NRB Bearings for a target price of Rs 143.
Manav Chopra, Nirmal Bang advises buying Bharat Forge for a target price of Rs 870 and Adani Power for a target price of Rs 54.
Kunal Saraogi, Equityrush advises buying Titan Company for a target price of Rs 395 and Petronet LNG for a target price of Rs 203.
Paras Bothra of Ashika Stock Broking recommends buying NRB Bearings and Kaveri Seed Company.
Vishal B Malkan, malkansview.com advises buying Tata Chemicals for a target price of Rs 400 and India Cements for a target price of Rs 115.
NRB Bearings looks attractive, says SP Tulsian, sptulsian.com.
SP Tulsian of sptulsian.com recommends investors to buy into GIC Housing and NRB Bearings with a 12 month time frame.