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 suggests buying ACC with stop loss at Rs 1450 and target of Rs 1550, MRF with stop loss at Rs 65100 and target of Rs 66400 and IndusInd Bank with stop loss at Rs 1490 and target of Rs 1580.
Akash Jain of Ajcon Global said investors can gradually start building their long-term portfolio in some of the top rung stocks of which many have come down 30-40 percent in the recent fall
Hindalco, Maruti Suzuki and ICICI Bank are among the big Nifty names that Motilal Oswal is placing its bet on, this Diwali.
Bajaj Finance holds the unique distinction of featuring in the top 10 of both biggest and the fastest wealth creators.
Manali Bhatia of Rudra Shares and Stock Brokers said high volatility and sharp moves are expected this week as in the past years also, last week of October witnessed major falls and turn around, including in the year 2008.
The trend still remains to be on the downside and the next crucial support for the index is placed at 9950-9800 levels, suggest experts.
If you do not understand the company or market sentiments, do not buy individual companies, but Invest in a mutual fund.
Macquarie has recently upgraded its Nifty50 target to 12,000 for March 2019. It expects largecaps to perform better than midcaps as the latter is still vulnerable from valuations and flows
Mitessh Thakkar of mitesshthakkar.com suggests buying Asian Paints around Rs 1255 with stop loss of Rs 1234 for target of Rs 1300 and Maruti Suzuki around Rs 7250 with stop loss below Rs 7100 for target of Rs 7590.
IT, Consumer and Capital Goods are likely to report solid earnings growth while automobiles, pharmaceuticals, and cement will continue to witness margin pressures leading to subdued earnings
Indian markets are in the midst of a correction which is likely to extend further, according to experts and hence, there will be plenty of opportunities for investors to enter into quality stocks on declines
Citigroup highlights top 10 stock ideas which could give decent risk-to-reward to investors
Sudarshan Sukhani of s2analytics.com suggests buying Divis Labs with stop loss at Rs 1365 and target of Rs 1425, Hindustan Unilever with stop loss at Rs 1620 and target of Rs 1680 and Infosys with stop loss at Rs 716 and target of Rs 746.
Mitessh Thakkar of mitesshthakkar.com suggests buying Balrampur Chini with a stop loss of Rs 76 and target of Rs 81, Bosch with a stop loss of Rs 20,900 and target of Rs 22,000 and Cadila Heathcare with a stop loss of Rs 412 and target of Rs 445.
With the festive sales period of Onam being a subdued one, coinciding with the floods timeline, Edelweiss said that the impact in near term could be acute.
Having said that, it expects medium and heavy commercial vehicles to report single-digit growth in the month of August.
Traders are recommended to buy Maruti around Rs 9220 with a price target of Rs 9840. Stop loss should be placed at Rs 8930, says Aditya Agarwal of Way2Wealth Brokers.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy HCL Tech with a stop loss of Rs 1008 and target of Rs 1060 and can sell Indian Bank with a stop loss of Rs 339.5 and target of Rs 322 and Repco Home with a stop loss of Rs 593 and target of Rs 560.
Duggad is currently bearish on Idea Cellular, Bharat Heavy Electricals and Tata Power.
Prakash Gaba of prakashgaba.com suggests buying NBCC with target at Rs 80 and stop loss at Rs 71 and Maruti Suzuki with target at Rs 9300 and stop loss at Rs 9100.
Angel remains overweight on discretionary consumption theme with stocks like Safari Industries, Bata, Blue Star and Parag Milk Foods.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland with a stop loss of Rs 118, target of Rs 126 and can sell HDFC with a stop loss of Rs 1945, target of Rs 1890 and Larsen & Toubro with a stop loss of Rs 1300, target of Rs 1240.
The stock can be bought at current levels and on dips to 9600 with a stop loss below 9400 for a target of 10500 levels.
Ashish Chaturmohta of Sanctum Wealth Management said if the Nifty sustains above 11,080 levels, one can expect the index to test its all-time high of 11,172 and then 11,230 levels
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Britannia Industries with a target Rs 6540.