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
We expect the Nifty earnings to grow at a CAGR of ~20 percent between FY19-21 and the economic fundamental is likely to improve further, says Sundar Muthukrishnan of Elara Capital
Traders can buy the stock above Rs 178 levels for the target of Rs 202 and a stop loss below Rs 165.
Here is a list of top 10 stock ideas from different experts which can offer up to 22% return in the next 30 days.
Here is a list of top three stocks which could give up to 17% return in the next 6 months.
Dharmesh Shah of ICICIdirect.com recommends buying Bajaj Finserv with target at Rs 6095 and stop loss at Rs 5190 and has a buy also on Munjal Showa with target at Rs 269 and Stop loss at Rs 208.
Trends witnessed on the Singaporean Exchange indicate a positive opening for the Nifty back home. The SGX Nifty was trading at 10,588.50, up 0.32 percent from its previous close.
Here is a list of top 10 ideas priced less than Rs 1,000 which can deliver up to 17% return in the short-term.
"We expect the stock to continue with its current up move and test levels of Rs 211 being the 80 percent retracement of the entire decline," says Dharmesh Shah, Head Technical, AVP at ICICIdirect.com.
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 21 points or 0.2 percent. Nifty futures were trading around 10,439-level on the Singaporean Exchange.
Here is a list of top three stocks which can give up to 17% return in the next six months.
If the Nifty fails to cross the immediate resistance of 10,455 can resume the choppy and volatile trading sessions dragging the index lower to levels of 10,155-10,095.
Overall benchmark indices have been in a tight range and that rangebound or consolidation is expected to continue in short term, experts suggest.
While maintaining Buy call on PNC Infra with reduced target price at Rs 265 (from Rs 281 per share earlier), Nomura cut EPS estimates for FY19/20 by 5-6 percent to account for higher interest costs.
The market buoyancy is likely to continue in 2018 as well, though it could be volatile due to events like states elections, Union Budget. The Nifty50 is expected to give 10-15 percent return and the midcaps are likely to continue their outperformance in the coming year, experts suggest.
Gaurang Shah of Geojit Financial Services is of the view that one may prefer PNC Infratech.
Gaurang Shah of Geojit Financial Services is of the view that one may prefer PNC Infratech and KNR Construction.
Suggests betting on Glenmark Pharma, PNC Infratech, and KNR Constructions
Gaurang Shah of Geojit Financial Services is of the view that one may prefer PNC Infratech and KNR Constructions.
The brokerage firm says that even on assuming only 12 percent Nifty earnings growth in FY18 due to spillâ€over of demonetisation, valuations are factoring much damage at price to earnings (PE) of 17 times.
In an interview to CNBC-TV18, Mayuresh Joshi, Fund Manager (PMS) at Angel Broking Ltd shared his readings and outlook on specific stocks and sectors.
In an interview to CNBC-TV18, Pankaj Sharma of Equirus Securities shares his views on FMCG space and expects better volumes with Britannia Industries as a good choice.
Rajesh Kothari, Managing Director at AlfAccurate Advisors is of the view that one may prefer ITD Cementation and feels that PSU banks look interesting.
Mayuresh Joshi, Fund Manager (PMS) at Angel Broking is of the view that State Bank of India is the prefered pick from the PSU banking space.
Shirish Rane, Head-Research at IDFC Securities is of the view that PNC Infratech is a better picks in the construction segment.
From the bluechip space Dipen Shah of Kotak PCG likes Infosys, ICICI Bank and from the midcaps he likes PNC Infratech, EIL, All Cargo Logistics, Century Plyboard and Supreme Industries.