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
Traders are advised to hold longs with trailing stoploss of 18,500 in Nifty on the closing basis.
The momentum is expected to take the index up to 19,000 mark in the coming days, with immediate support at 18,800, then 18,700-18,500 area, experts said
Surya Roshni has broken out on the daily chart to close at highest level since October 2021. It has been forming bullish higher top higher bottom formation on the daily chart.
According to Prashanth Tapse, Surya Roshni, APL Apollo Tubes, Jindal Saw may benefit. Read on to find out which stocks other experts picked
Among the large-caps investors can focus on select stocks from sectors like banks, select pharmaceuticals, IT services, metals & mining, and oil & gas, said the report.
Overall, especially after the run in November, the market has been rangebound and stock-specific action has continued, which is likely to be the top theme in the rest of 2019 as well
"We believe, this recent price fall in Surya Roshni of 22 percent from the all-time high is a running correction in overall bullish trend. Therefore, we recommend buying Surya Roshni for the upside target of Rs 435, keeping a stop loss at Rs 380," says Nandish Shah of HDFC Securities.
The valuation of India market still remains to be rich; hence, any correction owning to global volatility should be used as a buying opportunity to dig into quality stocks.
Equities as an asset class generated more interest last month as benchmark indices hit fresh record highs. But, there was also plenty of stock specific action.
In an interview to CNBC-TV18's Latha Venkatesh, Anuj Singhal, and Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market, and specific stocks and sectors.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his stock picks and told why he has a positive stance on all pharma stocks for this coming month.
Rajat Bose of rajatkbose.com recommends buying Gateway Distriparks and feels that Surya Roshni may test Rs 170.
Hemen Kapadia of KRChoksey Securities is of the view that one can buy Bank of India with a target of Rs 105 and Jet Airways with a target of Rs 574.
Mayuresh Joshi of Angel Broking has a neutral view on Amtek Auto.
Mayuresh Joshi of Angel Broking is of the view that Surya Roshni may test Rs 183 over the next 12 months.
Ashish Chugh, Investment Analyst & Author of Hidden Gems feels that from a level of Rs 60 there is not too much of downside going forward in this stock.
Limited downside in Surya Roshni, says Aashish Tater, Head of Research, Fort Share Broking.
Surya Roshni can touch Rs 125 in the next 6 to 8 months time, says Investment Advisor, SP Tulsian.