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
CLSA trimmed FY19-21 EPS estimates for major cement players by 3-15 percent.
Based on price trends as per channel check, Kotak estimates Q3FY19 realisations for cement companies to fall by 1-3 percent QoQ.
Rajesh Agarwal of AUM Capital recommends buying L&T Finance Holdings with stop loss at Rs 134and target of Rs 146, Godfrey Phillips with stop loss at Rs 914 and target of Rs 965 and Vadilal Industries with stop loss at Rs 548 and target of Rs 590.
Mitessh Thakkar of mitesshthakkar.com suggests buying Axis Bank with a stop loss of Rs 617 and target of Rs 645, Colagate Palmolive with a stop loss of Rs 1114 and target of Rs 1160 and IRB Infra above Rs 145 with stop loss of Rs 141.5 and target of Rs 154.
Mitessh Thakkar of mitesshthakkar.com suggests buying Granules India with a stop loss of Rs 99 and target of Rs 106, NBCC with a stop loss of Rs 55 and target of Rs 64 and Torrent Pharma with a stop loss of Rs 1677 and target of Rs 1800.
Mitessh Thakkar of mitesshthakkar.com suggests buying Ajanta Pharma with a stop loss of Rs 999 and target of Rs 1050 and Coal India with a stop loss of Rs 282 and target of Rs 296.
Rajesh Agarwal of AUM Capital recommends buying Dalmia Bharat with stop loss at Rs 1994 and target of Rs 2077 and Bajaj Auto with stop loss at Rs 2548 and target of Rs 2630.
Ashwani Gujral of ashwanigujral.com suggests buying Apollo Hospitals with a stop loss of Rs 1120, target of Rs 1160 and Colgate Palmolive with a stop loss of Rs 1110, target of Rs 1155.
Ashwani Gujral of ashwanigujral.com suggests selling Bank of Baroda with a stop loss of Rs 114, target of Rs 105, Reliance Capital with a stop loss of Rs 342, target of Rs 328 and Repco Home Finance with a stop loss of Rs 470, target of Rs 452.
Analysts’ advise investors to remain with quality stocks which might have fallen less in the carnage as compared to stocks whose value has eroded 50-80 percent in the past 6 months
Ashwani Gujral of ashwanigujral.com recommends buying Tata Consultancy Services with a stop loss of Rs 1860, target of Rs 1920 and Hindustan Unilever with a stop loss of Rs 1670, target of Rs 1725.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy KPIT Technologies with a stop loss of Rs 260 and target of Rs 290 and Power Finance Corporation with a stop loss of Rs 74 and target of Rs 79 while one may sell RBL Bank with a stop loss of Rs 505 and target of Rs 477.
"We expect the stock to extend this rally towards our mid to long-term target of Rs 3350 with a stop loss below Rs 2770 on a closing basis," says Abhishek Mondal, Research Analyst at Guiness Securities.
"The Nifty50 has been making higher highs higher lows on a weekly scale, with support seen around 10,560 levels and then 10,485 levels which indicates a continuation of the uptrend is still intact," says Abhishek Mondal of Guiness Securities.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Dalmia Bharat and can sell Dewan Housing Finance while one can avoid PNB.
Dalmia Bharat, SBI and Ashok Leyland, among others are being tracked by investors on Thursday.
Mitessh Thakkar of miteshthacker.com recommends selling Bosch with a stop loss of Rs 18,900 and target of Rs 18,200, Shree Cements with a stop loss of Rs 16,850 and target of Rs 16,000 and Zee Entertainment with a stop loss of Rs 576 for target of Rs 545.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Tata Elxsi and United Spirits and can sell Dalmia Bharat.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bharat Forge, Infosys, M&M Financial Services, Marico and Asian Paints and can sell Dalmia Bharat.
In a positive move for Dalmia Bharat - the Committee of Creditors (CoC) has approved the resolution plan for the revival of its subsidiary Murli Industries. In an interview with CNBC-TV18, Murtuza Arsiwalla of Kotak Institutional Equities shared his take on the same.
More than 60 percent of the stocks in the S&P Midcap index outperformed Sensex returns so far in the year 2017.
Inox, GAIL and BHEL, among others, are on the radar of analysts on Monday.
Mitessh Thakkar of miteshthacker.com advises buying Lupin and Dalmia Bharat.
Dalmia Bharat, Deepak Nitrite, and Supreme Industries are on the radar of Anand Rathi Share and Stock Brokers
We continue to remain positive as long as 10,000 is sustained on the Nifty and the current correction can be utilised to enter into fresh long positions, says Rahul Sharma, Head – Technical & Derivatives Strategy at Centrum Broking.