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
Dalmia Bharat, SBI and Ashok Leyland, among others are being tracked by investors on Thursday.
Sandeep Wagle of powermywealth.com
Zee Entertainment,Indiabulls Housing,Eicher Motors,Asian Paints,Power Grid
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Hexaware and Amara Raja Batteries.
Ashwani Gujral of ashwanigujral.com recommends buying Delta Corp with a stop loss of Rs 312, target of Rs 328 and GSFC with a stop loss of Rs 154, target of Rs 168.
Amit Gupta of ICICIdirect
A recent examination of companies' financials by Moneycontrol revealed that 755 companies in the BSE universe, barring financial companies, have a debt-to-equity ratio of greater than 1 multiple.
Mindtree, Oil India and GIC Re, among others, are on the radar of investors on Monday.
Almost 52 percent of IPOs listed on the bourses in the last 10 years has given a negative return and only 48 percent survived the bull and the bear cycles. Out of 48 percent, nearly 100 companies gave a return ranging from 100 percent to 6000 percent.
Motilal Oswal continued to like Power Grid and NTPC, being regulated, and offering strong earnings growth potential and good visibility.
MindTree, Godrej Industries, and Power Grid Corporation are on the radar of Reliance Securities
Vedanta, Glenmark and Hindalco, among others, on the radar of investors on Friday.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Power Grid and Balrampur Chini and can sell Yes Bank.
Bank Nifty was the top performing sector which was up 1.32 percent led b y ICICI Bank and Bank of India while on the other hand, from the midcap space, Havells India added 2.28 percent while Power Finance Corporation was up over 3 percent.
According to Technical Analyst Prakash Gaba of prakashgaba.com, the trend is still up but there is a good chance that we could have a large day with some profit booking in the upper regions.
Moneycontrol attempts to identify stocks that wise investors should use to duck and weave through this particular storm.
Here is a list of top 5 stocks which can give up to 10% return in the short term.
Manoj Murlidharan of Religare Securities advises buying Tata Global Beverage and Power Grid.
The RSI at 62 indicates a favorable buying regime coupled with continued uptrend momentum depicted by MACD at 52 above its Signal Line. Based on Fibonacci retracement a major support will be seen at 9807 and resistance level will be at 10137.
Jefferies feels that slowdown in generation capacity is an addition to overall T&D capex beyond FY20E being at best flat with risk of a decline and that the company remains a gradual de-rating case.
ICICI Pru, Voltas and Idea, among others are on the radar of investors on Friday.
Sanjiv Bhasin of IIFL is of the view that one can pick Reliance Power, Power Grid and NTPC and is overweight on Coal India.
Ashwani Gujral of ashwanigujral.com recommends buying Future Lifestyle, Container Corporation of India, Sun TV, Delta Corp and IIFL Holdings.
Analysts feel, historically, September has been a trending month for the market that is closer to its record high; hence, it will be an interesting month to watch for. They don't rule out new highs in the current month.
Sudarshan Sukhani of s2analytics.com suggests buying Interglobe Aviation, Ambuja Cements and Power Grid Corporation of India and advises selling Union Bank of India and Fortis Healthcare.