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
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Federal Bank, National Aluminium Company and Torrent Power and can sell Maruti Suzuki and Bank of Baroda.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Bank of Baroda and State Bank of India; and can buy Century Textiles and Mahanagar Gas.
Here is a list of top 10 stocks to buy this Muhurat Trading day for a potential upside of up to 48% in Samvat 2074.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Maruti Suzuki, Ashok Leyland, Aurobindo Pharma, Federal Bank, DHFL and JSW Steel and can sell Indiabulls Real Estate.
The market will give ample opportunities to retail investors to buy on dips as current valuations are unlikely to sustain without the support of bounce back in earnings growth.
We believe that 2HFY18 will see markets trading in a range with high volatility, says Hemang Jani, Head - Advisory, Sharekhan.
Moneycontrol ran an analysis of companies which generated consistently double-digit growth in cash flows in the last four fiscal years.
Mitessh Thakkar of mitesshthakkar.com advises selling Maruti Suzuki and Apollo Tyres.
Ahead of the The Researve Bank of India's monetary policy meeet, interest rate sensitive stocks including the likes of real Estate, NBFCs and auto stocks were trading in the green while banking stocks were mixed with SBI trading positive and ICICI Bank, HDFC Bank and Axis Bank in the red.
Ashwani Gujral of ashwanigujral.com recommends buying Avanti Feeds, TV Today, GAIL India, KRBL and Hindustan Zinc.
Rajat Bose of rajatkbose.com is of the view that one may enter Maruti Suzuki at around Rs 7500.
Chandan Taparia of Motilal Oswal Securities is of the view that one may buy Maruti Suzuki and Coal India.
Prakash Diwan of Altamount Capital Management is of the view that Tata Motors is a top pick on the passenger side.
In fact, the company is now much better placed to maintain its dominance in the Indian market.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Piramal Enterprises.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy Coal India and ONGC.
Infosys and ONGC, among others, are being tracked by investors on Wednesday.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell M&M and buy Ashok Leyland, Colgate Palmolive and Divis Laboratories.
On the face of it, the company merits attention owing to a number of reasons. It has marquee clients in its kitty and an even spread of clientele. It is putting a premium on its R&D work to develop technologically advanced products and bring a turnaround at its joint venture Minda Furukawa.
With PM Modi’s vision of making every Indian car electric by 2030, stocks of automakers and ancillary companies which produce electric parts or vehicles are likely to take off.
Sandeep Wagle of powermywealth.com advises buying Maruti Suzuki at around Rs 7850-7550.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Maruti Suzuki.
According to VK Sharma, Head of Business, Private Client Group at HDFC Securities, one can pick Maruti Suzuki, Ashok Leyland, Kotak Mahindra Bank, Tata Chemicals, Torrent Power and Kajaria Ceramics.
Prakash Gaba of prakashgaba.com is of the view that crucial support for the Nifty is at 9840 and the resistance is at 10005-10050. Bank Nifty on the other hand has support at 24100 and resistance at 24511.
Ashwani Gujral of ashwanigujral.com suggests buying Eicher Motors on every dip.