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
Sudarshan Sukhani of s2analytics.com recommends selling Balkrishna Industries with stop loss at Rs 1089 and target of Rs 1050 and Tata Elxsi with stop loss at Rs 955 and target of Rs 925.
Most experts see FII flows moving towards few largecaps in coming year also
Prakash Gaba of prakashgaba.com advises buying DLF with a stop loss of Rs 220 and target of Rs 240.
Sudarshan Sukhani of s2analytics.com recommends selling Havells India with stop loss at Rs 646 for target of Rs 631 and MCX India with stop loss at Rs 1125 and target of Rs 1050.
'Better farm income coupled with the measures taken by the government and RBI will help improve demand conditions'
In the last seven day's rally (From Oct 25 to Nov 5) S&P BSE Sensex rallied 3 percent.
Sudarshan Sukhani of s2analytics.com suggets selling United Breweries with stop loss at Rs 1,305 and target of Rs 1,272.
Given current market sentiment and high perceived risk towards corporate governance issues, it is best to avoid poorly governed mid and smallcap companies with question marks on their financials, Rusmik Oza advised.
The equity market may trade with a negative bias in the short-term, but the broader market will maintain its positive bias in the long-term, Vinod Nair of Geojit Financial Services says.
Historically speaking, the midcap and smallcap indices have never given negative returns for two consecutive years, and they have had a dismal 2018.
Top 10 stocks which can be considered for investment and may give hefty returns by next Ganesh Chaturthi
Breaking below 11,460, a decline towards 11,350 can be seen where weekly rising trend line connecting lows of 10,005 and 10,586 comes
Ashwani Gujral of ashwanigujral.com recommends selling Jindal Steel & Power with a stop loss of Rs 134, target of Rs 126, Raymond with a stop loss of Rs 710, target of Rs 685 and Hero MotoCorp with a stop loss of Rs 2430, target of Rs 2350.
Sudarshan Sukhani of s2analytics.com recommends buying Axis Bank with stop loss at Rs 798 and target of Rs 820 and Bata India with stop loss at Rs 1445 and target of Rs 1489.
A decisive trade above 11,840 will confirm short term trend reversal and Nifty can extend its move towards 11,980-12,070
We expect VIX to remain at elevated levels as markets head towards election outcome
Sudarshan Sukhani of s2analytics.com recommends buying Bajaj Finance with stop loss at Rs 2970 and target of Rs 3080, Berger Paints with stop loss at Rs 322 and target of Rs 327 and Hindustan Zinc with stop loss at Rs 272 and target of Rs 285.
Short-term support is seen at 11,200 in Nifty and 28,800 in Bank Nifty, and any dip should be accumulated for the upside target of 11,760 in Nifty and 30,400 in BankNifty.
VIX has seen cooling off from high of 19 this month. Further decline with be positive for the market and for breakout to sustain. Rise in VIX from current level would put a pause in current rally.
Mitessh Thakkar of mitesshthakkar.com recommends buying Bajaj Finance above Rs 2785 with stop loss of Rs 2764 and target of Rs 2840, Vodafone Idea above Rs 33 with stop loss of Rs 32.5 and target of Rs 35 and Petronet LNG with a stop loss of Rs 228 and target of Rs 245.
Ashwani Gujral of ashwanigujral.com recommends buying Adani Enterprises with a stop loss of Rs 138, target of Rs 150, L&T Finance Holdings with a stop loss of Rs 124, target of Rs 136 and Tata Steel with a stop loss of Rs 515, target of Rs 540.
Bollinger band used to analyze volatility breakout is almost flat suggesting sideways movement. At the same time volatility index, VIX has closed below 16 marks further adding to the range bound movement thesis.
The index witnessed a bearish candle on the weekly charts and going forward it would be difficult for the index to surpass 11000 levels convincingly in a hurry.
One can initiate long in the range of Rs 220-222 levels for the upside target of Rs 240-245 levels with stoploss below Rs 210.
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.