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 ITC with a stop loss of Rs 283, target of Rs 297, a buy in Pidilite Industries with a stop loss of Rs 1080, target of Rs 1240 and a sell in Balrampur Chini with a stop loss of Rs 70, target of Rs 62.
The company’s board has approved an investment of Rs 300 crore in the ongoing financial year for developing a residential project in 20 acres of land at Thane.
We are seeing solid growth in core business while a turnaround in non-core businesses like tools & hardware and auto components will be a key growth drivers future, says Sumit Bilgaiyan, Founder of Equity99
Now all eyes are on corporate earnings and Karnataka elections along with crude oil movement, experts suggest.
"Sustaining above Rs 950 levels, Raymond can be expected to hit a target of Rs 1097 levels in the near term. Hence, positional traders are advised to go long on the stock for the said target with a stop loss below Rs 947," says Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory, Chartviewindia.in.
Here is a list of top 10 technical trading ideas which could give up to 11% return in the short term.
Manav Chopra of Indiabulls Ventures advises buying Titan Company with a target of Rs 925.
Mitessh Thakkar of miteshthacker.com recommends buying NTPC and Raymond.
Ashwani Gujral of ashwanigujral.com recommends buying Titan Company with a stop loss of Rs 810, target of Rs 840, Reliance Industries with a stop loss of Rs 900, target of Rs 925 and a buy also on Jubilant Foodworks with a stop loss of Rs 1990, target of Rs 2050.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, Canara Bank and Union Bank of India.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Raymond and Titan Company and can buy Biocon.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Mindtree, Raymond and Titan Company and can sell NBCC and Reliance Infra.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indiabulls Housing Finance, Maruti Suzuki, UPL and Kotak Mahindra Bank and can sell Raymond and KPIT Tech.
Mitessh Thakkar of miteshthacker.com recommends buying Arvind and ITC.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Reliance Industries and Raymond and can sell Jet Airways.
Ashwani Gujral of ashwanigujral.com advises buying Tata Global Beverage, JM Financial and Havells.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy PC Jeweller with a target at Rs 458.
Mitessh Thakkar of miteshthacker.com recommends buying Indian Bank and Raymond.
CA Rudramurthy BV of Vachana Investments is of the view that one can buy Exide Industries, Sun TV Network and Raymond.
According to Sudarshan Sukhani of s2analytics.com, one may buy Parag Milk, Prabhat Dairy and Hexaware.
Mitessh Thakkar of miteshthacker.com advises selling IDFC with a target of Rs 55.
Ashwani Gujral of ashwanigujral.com suggests buying Hindustan Unilever, BPCL and MOIL.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Raymond, GAIL India and Granules India and can hold LIC Housing Finance and Siemens.
Sudarshan Sukhani of s2analytics.com advises selling Fortis Healthcare.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Cipla, Hero MotoCorp and Raymond while he is bullish on Ashok Leyland and advises selling Torrent Pharma.