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
Sun Pharma, Vedanta, and Jubilant Foodworks, among others, are on investors’ radar on Thursday.
Ashu Madan of Religare Securities is of the view that one may hold PNB Housing Finance.
Prakash Gaba of prakashgaba.com advises holding PNB Housing Finance.
Mitessh Thakkar of mitesshthakkar.com recommends buying HCL Tech with a stop loss of Rs 876 for target of Rs 922 and a buy on Marico with a stop loss of Rs 319 for target of Rs 338.
We expect Nifty EPS of FY18/19/20 to be 500/600/720 and expect it to scale 12,000 in FY19, says Sandeep Raina of Edelweiss Investment Research.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Morepen Labs and Interglobe Aviation and can sell Coal India.
Ashwani Gujral of ashwanigujral.com recommends selling Idea Cellular, PNB, Canara Bank, Union Bank of India, Bank of India and VIP Industries.
The earnings growth which is still languishing in single digits thanks to demonetisations and the implementation of the goods & services tax (GST) could see a double-digit growth in FY18.
Godrej Properties, Torrent Pharma, Hindalco and Titan, among others, on the radar of investors on Monday.
Kotak Securities has retained a sell on PNB Housing Finance but has increased the target price to Rs 1,250 from Rs 1,170 per share but the stock was up over 2% intraday on Thursday.
HUL, HCL Tech and Tata Communications, among others, are being tracked by investors on Thursday.
Here is a list of stocks recommended by various experts which are likely to benefit the most from govt’s decision to introduce fiscal stimulus:
Ashwani Gujral of ashwanigujral.com suggests buying PNB Housing Finance, Bank of Baroda and DCB Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HDFC and Petronet LNG and sell Berger Paints while one can hold PNB Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy PNB Housing Finance, PVR and PC Jeweller and sell Ceat.
Vishvesh Chauhan of Monarch Networth Capital advises buying Capital First with a target of Rs 790.
Vishvesh Chauhan of Monarch Networth Capital advises buying Bank of India with a target of Rs 151.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Apollo Tyres, Axis Bank, Dabur India, Can Fin Homes and PNB Housing Finance.
Cummins, TCS and DB Corp, among others are on analysts' radar on Thursday.
According to Ashwani Gujral of ashwanigujral.com, one may get into Indiabulls Housing, Dewan Housing Finance Corporation, Can Fin Home and PNB Housing.
From the last few sessions, Nifty is showing sideways moves but with positive bias along with the addition of decent open interest.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, Basant Maheshwari, Author & Independent Market Expert shared his readings and outlook on specific stocks and sectors.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy Century Textiles with a target of Rs 1100.
Rising liquidity in domestic MFs is one of the biggest factors in driving rally on D-Street which is trading at record highs.
Bank of America Merrill Lynch says new Range Rover launch will strengthen product pipeline of JLR. With that volume outlook strengthened but launch cost is likely to recur, it feels.