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
Apollo Hospitals Enterprise has seen a strong consolidation breakout and formed long bullish candlestick pattern on the daily charts with above average volumes. The stock traded above all key moving averages.
Godrej Industries has formed long bullish candle on the daily charts with healthy volumes. The stock has seen a breakout of downward sloping resistance trend line adjoining December 9 and December 21, 2022. Also there was a decisive breakout of horizontal resistance trend line adjoining multiple touch points - October 12, October 19, 2022, January 2, and January 5, 2023.
The final/official list of large, mid and small-caps will be released by AMFI by the first week of January 2021, which will be effective for the February-to-July 2021 period.
Various measure taken by the government and ‘unlocking ‘ of the economic activity has made brokerages confident of an economic recovery and they have been upgrading stocks.
Gujarat Gas, Cipla among 10 stocks which brokerages have upgraded to 'buy'
HDFC Securities selected stocks across major sectors financials, consumer, pharma, industrials, oil, automobile, cement and technology.
The market traded in a range last week amid weak macro data, but inline performance of India Inc helped the Nifty close near its crucial support of 11,900.
Elara Capital expects a revival in midcaps riding on price and valuation comfort based on historical trends, strong flows from FPIs and DIIs and strong earnings revival
Jimeet Modi, Founder & CEO, SAMCO Securities & StockNote, feels investors should now start adding top quality stocks to their portfolio at lower levels
Most analysts say investors should consider buying beaten-down stocks, but with a time horizon of 1-2 years..
Dipen Sheth, Head-Institutional Research, HDFC Securities, said there is certainly some kind of bottom forming happening in the pharma space.
We remain positive on the company considering its market leadership, cash rich and debt free status, superior return ratios and high dividend payouts.
"We expect the stock to double in next 4-5 years and have a target of Rs. 2300 for investors with a horizon of 9-12 months," says Akash Jain, Vice-president, Equity Research at Ajcon Global Services.
Here is the list of top 17 stocks that can give up to 99% return.
The positive takeaway for the BJP is that it will form the government for the fifth term in a row despite winning the elections by a small margin. But, there are certain stocks which have always given multibagger returns of up to 4000 percent whenever BJP won in Gujarat since 2002.
Moneycontrol has analysed penny stocks which became multibaggers in the last ten years. We screened BSE universe stocks which were trading below Rs 10 per share a decade ago which now have become Rs 100.
We analysed the BSE universe to find stocks that gave a return of 100 percent if they had been held for the last five years.
The market will give ample opportunities to retail investors to buy on dips as current valuations are unlikely to sustain without the support of bounce back in earnings growth.
Short sellers are on the back foot and we can see more short covering in the expiry week as Nifty is moving up with a decent addition in open interest which indicates strength in the current trend.
Mayuresh Joshi of Angel Broking suggests holding Blue Star and has a positive view on Symphony with a view of couple of years.
According to Prakash Gaba of prakashgaba.com, Symphony may test Rs 1460 while Emami may hit Rs 1100.
Ashwani Gujral of ashwanigujral.com recommends buying Symphony, Jain Irrigation Systems and CG Power and Industrial Solutions.
Ashwani Gujral of ashwanigujral.com recommends buying Chennai Petroleum Corporation, Tata Chemicals and Symphony.
Ashwani Gujral of ashwanigujral.com recommends selling TCS, Titan Company and Zee Entertainment and advises buying Schneider Electric.
In an interview to CNBC-TV18, Prakash Diwan, Investment Evangelist at prakashdiwan.com shared his readings and outlook on specific stocks and sectors.