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 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
Mitessh Thakkar of mitesshthakkar.com recommends buying Dr Reddy's Labs with a stop loss of Rs 2892 and target of Rs 3000 and advises selling Godrej Consumer Products with a stop loss of Rs 662 and target of Rs 625.
Morgan Stanley, which expects the Sensex at 42,000 by December 2019, said the market could start pricing in a stronger election outcome in the coming weeks causing the Nifty to break its four-month range to the upside.
Prakash Gaba of prakashgaba.com advises buying NIIT Tech with a stoploss of Rs 1150 and target of Rs 1250.
Mitessh Thakkar of mitesshthakkar.com suggests buying Asian Paints around Rs 1255 with stop loss of Rs 1234 for target of Rs 1300 and Maruti Suzuki around Rs 7250 with stop loss below Rs 7100 for target of Rs 7590.
Most economists expect the MPC to keep policy rates unchanged but its commentary would be a key thing to watch out for
Rajesh Agarwal of AUM Capital recommends buying Delta Corp with stop loss at Rs 237 and target of Rs 257, Infosys with stop loss at Rs 1255 and target of Rs 1309 and UPL with stop loss at Rs 685 and target of Rs 719.
The Nifty is likely to remain in a narrow range for the next few trading sessions with immediate support seen around 10,000-10,100 levels whereas 10,400-10,500 will act as a major hurdle.
Rakesh Bansal of RK Global advises buying Capital First with a target of Rs 669.
Rajat Bose of rajatkbose.com is of the view that one can buy Mindtree and Bharat Financial Inclusion and can sell Godrej Consumer Products.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one can buy PC Jeweller and Bharat Financial Inclusion and can sell Coal India.
Chandan Taparia of Motilal Oswal Securities recommends buying Bharat Financial Inclusion, Kotak Mahindra Bank and Reliance Industries.
Jay Thakkar of Anand Rathi Securities is of the view that one may buy Bharat Financial with a target of Rs 1090.
Gaurang Shah of Geojit Financial Services is positive on Bharat Financial Inclusion.
Rakesh Bansal of RK Global is of the view that one may buy Interglobe Aviation with a target of Rs 1330.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell CG Power and can buy Godrej Consumer.
Sandeep Wagle of powermywealth.com is of the view that one can buy Bharat Financial Inclusion and can sell Arvind.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Ambuja Cements and Bharat Electronics and can buy Bharat Financial Inclusion and Bajaj Auto.
Prakash Gaba of prakashgaba.com is of the view that one can buy Bharat Financial Inclusion, GAIL India, NMDC and State Bank of India.
Ashwani Gujral of ashwanigujral.com recommends buying GMR Infra with a stop loss of Rs 20, target of Rs 27 and sell Capital First with a stop loss of Rs 860, target of Rs 800.
Chandan Taparia of Motilal Oswal Securities recommends buying Hindustan Unilever, TVS Motor and Dewan Housing Finance.
Mitessh Thakkar of miteshthacker.com recommends buying Amara Raja Batteries, NIIT Tech, Bajaj Finance and Bharat Financial Inclusion.
Vishal Malkan of malkansview.com advises buying Bata India with a target of Rs 765.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Ashok Leyland, Bharat Financial and Colgate Palmolive.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy RIL, Bharat Financial, DHFL, Bharat Forge and M&M Financial and advises selling Grasim Industries.