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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
The market may extend its upward journey, but sustainability is the key to watch, given the elevated volatility. Below are some trading ideas for the near term.
Rico Auto is currently trading above its multi-year level of Rs 86 which prices have surpassed for the first-time post August 2018. This shows overall Bullish undertone of the prices.
Goldman Sachs, which was strategically overweight on India since March 2014, has turned slightly cautious towards Indian market in 2018 and lowered its investment view to marketweight from overweight earlier.
We believe that the negative sentiment in the forex and the bond market could continue for a while in the absence of any concrete measures by the policymakers
According to Way2Wealth Brokers, being the expiry week, the markets are likely to be quite choppy and big stock specific movement will be there as per rollover positions. On the lower side, maximum put writing has been seen at 10000 strike option and that will prove as strong support whereas on the call writing at 10200-10300 will act as stiff resistance in short term.
Prakash Gaba of prakashgaba.com feels that Rico Auto may move to Rs 130-140.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bata India, Indraprastha Gas and M&M Financial Services and advises holding Jain Irrigation Systems while he suggests selling Rico Auto.
Watch the interview of SP Tulsian of sptulsian.com with Latha Venkatesh and Anuj Singhal of CNBC-TV18. He shared his reading and outlook on the Rico Auto.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Ajanta Pharma and PVR and buy Delta Corp.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com in which he shared his readings and outlook on market and specific stocks.
In an interview to CNBC-TV18's Anuj Singhal and Varinder Bansal, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
In an interview to CNBC-TV18's Anuj Singhal & Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Here is a list of top three stocks which investors could look at for a minimum upside of up to 19 percent in short term.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 shares his views on quarterly earnings of companies like Tube Investments, Pricol and Rico Auto among others. He also explains impact of goods and services tax (GST) on certain stocks.
Rajat Bose of rajatkbose.com feels that Rico Auto may test Rs 51.25.
Pankaj Jain of Sunteck Wealthmax advises buying S H Kelkar & Company with a target of Rs 225.
Simi Bhaumik of simibhaumik.com recommends exiting Dena Bank and expects rally in HCL Infosystems towards Rs 75-80.
Rajat Bose of rajatkbose.com is of the view that Rico Auto may retest Rs 47.
SP Tulsian of sptulsian.com is of the view that Rico Auto may test Rs 60 in next six months.
One may buy Nilkamal for a target of Rs 1090, with a stoploss of Rs 1,000, says CA Rudramurthy BV of Vachana Investments.
Sharmila Joshi of sharmilajoshi.com advises selling Federal Bank with a target of Rs 55.5.
Rakesh Bansal of RK Global recommends buying Jindal Saw with a target of Rs 78 and Bharat Forge with a target of Rs 990.
Prakash Diwan of Altamount Capital Management is of the view that one may prefer Rico Auto.
Prakash Diwan of Altamount Capital Management is of the view that one may look at Rico Auto.
Pankaj Jain, Market Expert advises buying SML Isuzu with a target of Rs 1387.
