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
Foram Parekh of Indiabulls Ventures feels that earnings recovery will continue in H2FY19 but at a slower pace
The Q2FY19 earnings season so far has been in line with the expectations. Strong results declared by IT companies, upbeat numbers from RIL and robust growth reported by the FMCG companies are indicative of sustained demand environment.
It said that the return of positive momentum in the chemical margin attracted significant investor interest.
Sudarshan Sukhani of s2analytics.com advises buying Reliance Industries with a target of Rs 1132.
Akash Jain of Ajcon Global said investors can gradually start building their long-term portfolio in some of the top rung stocks of which many have come down 30-40 percent in the recent fall
Bajaj Finance holds the unique distinction of featuring in the top 10 of both biggest and the fastest wealth creators.
Axis Direct highlights how the year has been a volatile one, with US-China trade tensions, rising crude prices, depreciating rupee, and debt market liquidity crisis dominating cues that are responsible for a correction in the market
The trend still remains to be on the downside and the next crucial support for the index is placed at 9950-9800 levels, suggest experts.
Invest in quality companies with a healthy growth outlook and reasonable valuations.
PE multiple is widely used as a valuation tool that helps in screening a stock on a relative basis.
Analysts highlighted how telecom and retail segment had performed well and acquisitions are likely to pick up pace, going ahead
Experts have advised investors to not get rattled by volatility and continue to stay invested in high-quality names with steady balance sheets and management.
Macquarie has recently upgraded its Nifty50 target to 12,000 for March 2019. It expects largecaps to perform better than midcaps as the latter is still vulnerable from valuations and flows
Rajesh Agarwal of AUM Capital suggests buying Century Plyboards with a stoploss of Rs 198 and target of Rs 217.
We expect further rebound in markets but the upside also seems capped. The Nifty50 may face hurdle in the 10,550-10,700 zone while 10,100 would continue to act as crucial support
Sudarshan Sukhani of s2analytics.com suggests buying Divis Labs with stop loss at Rs 1290 and target of Rs 1350 and JSW Steel with stop loss at Rs 375 and target of Rs 392.
Mitessh Thakkar of mitesshthakkar.com suggests selling Coal India with a stop loss of Rs 271 and target of Rs 255 and advises buying Havells India around Rs 585, with stop loss of Rs 572 for target of Rs 612.
Mitessh Thakkar of mitesshthakkar.com suggests buying Reliance Industries with a stop loss of Rs 1239 and target of Rs 1282 and Bata India with a stop loss of Rs 974 and target of Rs 1000 while he advises selling CESC with a stop loss of Rs 891 and target of Rs 840.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Aurobindo Pharma with a stop loss of Rs 720 and target of Rs 755 and sell Equitas Holdings around Rs 131 with stop loss of Rs 136 and target of Rs 120.
Ashwani Gujral of ashwanigujral.com suggests selling Bank of Baroda with a stop loss of Rs 114, target of Rs 105, Reliance Capital with a stop loss of Rs 342, target of Rs 328 and Repco Home Finance with a stop loss of Rs 470, target of Rs 452.
Sudarshan Sukhani of s2analytics.com suggests buying Reliance Industries with stop loss at Rs 1240 and target of Rs 1275, KPIT Tech with stop loss at Rs 306 and target of Rs 315 and Tata Consultancy Services with stop loss at Rs 2060 and target of Rs 2130.
Momentum in TCS and RIL has taken both the stocks to fresh record highs in the recent past. RIL has risen 38 percent while TCS has vaulted as much as 55 percent so far in the year 2018.
Mitessh Thakkar of mitesshthakkar.com suggests buying Balrampur Chini with a stop loss of Rs 76 and target of Rs 81, Bosch with a stop loss of Rs 20,900 and target of Rs 22,000 and Cadila Heathcare with a stop loss of Rs 412 and target of Rs 445.
India VIX fell down by 5.70 percent at 12.41 and lower volatility even after small dips suggests the declines in the market could be bought.
Analysts believe the top 10 shares by market value will continue to outperform and lead the Indian index, given the backdrop of a weaker rupee and their stronger earnings growth.