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
Sectors with positive outlooks are real estate, small appliances and branded apparel, while outlook on autos, select staples and global commodities is more cautious.
The golden rule of investment is to pour money in stocks that are trading at attractive levels compared to their intrinsic value, thus allowing investors to create wealth over a period of time
The brokerage factored in stronger balance sheet with debt reduction of $22 billion till FY21, and low capex intensity guidance and higher Jio valuation.
Umesh Mehta, Head of Research, Samco Securities said the first year of any government is generally turbulent and it may not really cheer the stock market
Prakash Gaba of prakashgaba.com suggets buying Bajaj Auto Pharma with target at Rs 2810 and stop loss at Rs 2717.
The S&P BSE Midcap index shed 1.31 percent, Smallcap Index was down 0.90 percent and S&P BSE Largecap Index fell 0.59 percent last week.
Company announced alliance with Microsoft by signing long-term agreement to accelerate digital transformation.
The majority of the momentum oscillators are in oversold zone and the possibility of a bounce back from lower levels in coming sessions cannot be ruled out.
Prakash Gaba of prakashgaba.com recommends buying Maruti Suzuki with target at Rs 5750 and stop loss at Rs 5450 and Reliance Industries with target at Rs 1205 and stop loss at Rs 1160.
Mitessh Thakkar of mitesshthakkar.com recommends buying Asian Paints with a stop loss of Rs 1386 and target of Rs 1440 and Zee Entertainment above Rs 368 with stop loss of Rs 363 and target of Rs 382.
Ashwani Gujral of ashwanigujral.com suggests selling State Bank of India with a stop loss of Rs 361, target of Rs 346 and Kotak Mahindra Bank with a stop loss of Rs 1520, target of Rs 1465.
Based on the broader formation of the market, it would now be a very tough task for Nifty to cross 11,760, before the outcome of election results
Finance, FMCG and auto companies suffered from volume growth and delivered disappointing results.
The daily chart analysis indicates that the Nifty has formed a ‘Hammer’ kind of a candlestick pattern and a close above the 11400 mark would confirm that a short-term recovery is on the cards.
For next week, Nifty has strong support at 11,650-11,580 and resistance at 11,825-11,900
Investors who are already invested in RIL may remain long on the stock; but, as the view remain mixed, they should avoid fresh longs, suggest experts
As per the Fibonacci projections, the short term target of Nifty50 is 12,000 and in upcoming week if 11,856 trades on higher side then we could see a smooth journey towards the target level.
Ashwani Gujral of ashwanigujral.com recommends buying Indiabulls Housing Finance with a stop loss of Rs 840, target of Rs 865, BHEL with a stop loss of Rs 72, target of Rs 80 and Bajaj Finance with a stop loss Rs 3030, target of Rs 3120.
Reliance is one of the largest companies in the organised retail market and it is the fastest-growing player in the grocery segment, HSBC said.
The global investment bank is of the view that going forward, the two major events that will give a new direction to the market are Q4FY19 results and the outcome of the central elections.
Sudarshan Sukhani of s2analytics.com recommends buying Hexaware Tech with stop loss at Rs 352 and target of Rs 368, Tata Consultancy Services with stop loss at Rs 1995 and target of Rs 2070 and ICICI Prudential Life Insurance with stop loss at Rs 354 and target of Rs 370.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy Indiabulls Housing with a target of Rs 765.
Sudarshan Sukhani of s2analytics.com recommends buying Hindustan Unilever with stop loss at Rs 1700 and target of Rs 1735, Dabur India with stop loss at Rs 436 and target of Rs 448 and DCB Bank with stop loss at Rs 195 and target of Rs 204.
Mitessh Thakkar of mitesshthakkar.com recommends buying Interglobe Aviation with a stop loss of Rs 1204 and target of Rs 1270, Jubilat Foodworks around Rs 1320 with stop loss of Rs 1299 and target of Rs 1365 and Reliance Industries with a stop loss of Rs 1246 and target of Rs 1300.
Ashwani Gujral of ashwanigujral.com recommends buying Motherson Sumi Systems with a stop loss of Rs 157, target of Rs 172, ONGC with a stop loss of Rs 144, target of Rs 158 and Voltas with a stop loss of Rs 562, target of Rs 578.