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
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HDFC Bank, Maruti Suzuki and Divi's Lab and can sell Tata Steel.
Sandeep Wagle of powermywealth.com is of the view that one can buy Maruti Suzuki and can sell National Aluminium Company.
Ashwani Gujral of ashwanigujral.com recommends buying Balrampur Chini, Can Fin Homes, Tech Mahindra, Maruti Suzuki and Indiabulls Housing Finance.
Ashwani Gujral of ashwanigujral.com discusses with Anuj Singhal and Surabhi Upadhyay his analysis on the technical side of the market as well as specific stocks and sectors.
"Till Nifty holds 10,000 mark decisively, bounce back from lower levels cannot be ruled out. The Index might revert back to its short term moving average of 20EMA i.e. around 10,325 which might work as immediate hurdle zone," says Rajesh Agarwal of AUM Capital.
"The Fed even is neutral to positive for the markets for the following reasons. a) relief that only two hikes are expected this year, and b) surprisingly the inflation number has not been revised upwards," VK Sharma, Head PCG and Capital Market Strategy at HDFC Securities told Moneycontrol.
Here is a list of top five stocks which could give up to 16% return in the short term.
A close beyond 10,400 levels with healthy volumes can pause the current bearishness triggering a short covering to levels of 10,640-10,730.
Prabhudas Lilladher expects the Nifty to trade in a range of 9,640-10,500 in the near term.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bosch and can buy Havells India, ITC and Maruti Suzuki and can hold Bharti Airtel.
“We believe, that the investor in the age bracket of 35-40 years should allocate at least 70-75 percent of his portfolio into equities/MFs, 20-25% in fixed income and the balance should be in cash,” Sandeep Chordia, Executive Vice-President - Strategy, Kotak Securities told Moneycontrol.
Mitessh Thakkar of miteshthacker.com suggests buying Reliance Capital and KPIT Tech.
IDFC Bank, Coal India, and metals, among others, are being tracked by investors on Monday.
Aegis Logistics, Tata Motors and metals, among others, are being tracked by analysts on Thursday.
Credit Suisse has upgraded Aurobindo to Outperform from Neutral rating with a target price at Rs 750 per share as the stock is attractive for low valuations at 13x FY19 EPS.
Mitessh Thakkar of miteshthacker.com recommends selling Cipla with a stop loss of Rs 590 and target of Rs 564 and advises buying NIIT Tech with a stop loss of Rs 854 and target of Rs 900.
In an interview to CNBC-TV18, Ashwin Patil, Research Analyst at LKP Securities discussed the auto sales for February and the overall auto sector.
Mitessh Thakkar of miteshthacker.com recommends buying Britannia Industries with stop loss of Rs 4785 for target of Rs 5000 and Infosys with a stop loss of Rs 1144 for target of Rs 1190.
The year 2018 started on a positive note with benchmark indices hitting a fresh record high but things changed soon after the Budget 2018 was announced. Benchmark indices have plunged over 7 percent each from their respective record highs.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Yes Bank and State Bank of India and can buy HCL Technologies.
As many as 20-30 bluechip names are trading almost 50 percent discount to their 5 year average of price to earnings multiple and can be considered attractive for investment purpose.
CLSA feels Maruti has potential to further strengthen India franchise with unveiling new compact SUV.
A rate cut or a rate hike, investors are advised to stick to quality rate sensitive stocks which can outperform benchmark indices, suggest experts.
Ashwani Gujral of ashwanigujral.com recommends buying UPL, Jindal Steel & Power and Eicher Motors.
Maruti, DRL and UPL, among others, are being tracked by investors on Monday.