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
Analysts feel investors will still focus on quality stocks only in 2020
Mitesh Thakkar of miteshthakkar.com recommends buying Adani Power with a stop loss below Rs 63 for target of Rs 67 and PAGE Industries with a stop loss of Rs 23200 for target of Rs 24400.
Mitesh Thakkar of miteshthakkar.com recommends buying HDFC Bank with a stop loss below Rs 1282 for target of Rs 1340 and Maruti Suzuki with a stop loss of Rs 7290 for target of Rs 7500.
With the demand environment showing signs of stability and inventory under control, the BS-VI transition is likely to be less problematic (unlike BS4), according to the brokerage.
Maybank Kim Eng feels a more broad-based participation of stocks and sector rotation is a more likely trend in 2020.
Mitesh Thakkar of miteshthakkar.com recommends buying Ashok Leyland with a stop loss of Rs 78.8 and target of Rs 85 and Hindalco Industries with a stop loss of Rs 204 for target of Rs 218.
Prices are trading above all major short term and medium term moving average and momentum indicators are trading in bullish zone. The setup is suggesting that bulls can ride this rally till 12,250.
Mitesh Thakkar of miteshthakkar.com recommends buying Bank of Baroda above Rs 104 with stop loss of Rs 100 for target of Rs 109 and Divis Labs with a stop loss of Rs 1785 for target of Rs 1880.
The current positive momentum can extend further, which could take the Nifty towards 12,300-12,350 levels
A decisive close above 12,050 will take index in a new zone which can extend towards 12,200 levels.
Mitessh Thakkar, mitesshthakkar.com recommends buying Amara Raja Batteries with a stop loss of Rs 737 and target of Rs 770 and HDFC Bank with a stop loss of Rs 1259.5 for target of Rs 1300.
Most experts believe that the economy, as well as earnings, will pick up in the next financial year
Mitesh Thakkar of Miteshthakkar.com advises buying Bajaj Finserv with stop loss at Rs 8,540 and target of Rs 9,000.
The new short term base is now emerging at 11,700 level and until we are trading it, buying on dips will remain the prudent strategy for traders.
FII remained net sellers last week as they sold equities worth Rs 1,272.41 crore.
Sudarshan Sukhani of s2analytics.com suggets selling United Breweries with stop loss at Rs 1,305 and target of Rs 1,272.
Dinesh Thakkar of Angel Broking said though MF inflows this year have slowed down, he was very confident that MF inflows will pick up from here on as market sentiment improves
After the mega booster, most brokerages raised their Sensex and Nifty target by 15-20 percent from September 19's closing levels and also raised earnings estimates for sectors such as banking & financials, FMCG, auto
A dealer survey by CLSA shows that demand continues to be weak and inventories high.
As Nifty continues trading in a 350 point range, here are five stocks that can return 8-13 percent in near term:
For the week, we expect the Bank Nifty to trade in the range of 28,000-26,500 with mixed bias.
In case the Nifty breaks below 10,800 and sustains there a couple of times on a closing basis then selling pressure could take the index towards 10,640-10,500 levels
Top 10 stocks which can be considered for investment and may give hefty returns by next Ganesh Chaturthi
Prakash Gaba of prakashgaba.com recommends buying Maruti Suzuki with target at Rs 5750 and stop loss at Rs 5450 and Reliance Industries with target at Rs 1205 and stop loss at Rs 1160.
Sudarshan Sukhani of s2analytics.com advises buying Divis Labs with stop loss at Rs 1590 and target of Rs 1650 and Indraprastha Gas with stop loss at Rs 310 and target of Rs 325.