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
Here is a list of top 10 trading stock ideas by different experts which could give up to 20% return in the short term.
Here is a list of top 5 trading ideas which could give up to 10% return in the short term,
Chandan Taparia of Motilal Oswal Securities is of the view that one can buy Tata Elxsi and HDFC Bank and can short Tata Steel.
Overall, we expect markets to consolidate between broad range of 10,240-10,520 levels for few sessions before giving any fresh breakout on either side.
Going forward, Nifty has an immediate support near 10285 and if it sustains below this level will lead to a further correction towards 10210 and 10141 levels respectively.
10,330 may continue to serve as the major support on the downside. Critical resistance of 10,480 may play the spoilsport and may lead to a pause in the current bullish momentum. On the flip side, breaking out 10,480 may unfold fresh leg of up move, says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.
After a sharp correction seen throughout in the month of March, analysts feel that the Nifty could see a bounce back which could take the Nifty towards 10300-10400 levels. But, that would just be a ‘Dead Cat Bounce’ as the pain is not yet over.
Ashwani Gujral ashwanigujral.com advises selling Tata Steel and ICICI Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Tata Steel, Adani Enterprises, JSW Steel and Vedanta and can buy L&T Finance and Piramal Enterprises.
Ashwani Gujral of ashwanigujral.com recommends buying Titan Company with a stop loss of Rs 810, target of Rs 840, Reliance Industries with a stop loss of Rs 900, target of Rs 925 and a buy also on Jubilant Foodworks with a stop loss of Rs 1990, target of Rs 2050.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Reliance Industries and Tata Steel and can buy Whirlpool.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Tata Steel, Mindtree and Radico Khaitan.
"We are taking slightly contra view on index and expect Nifty index to see a short-term pullback from current level. Till the time Nifty is trading above 10033.35, the Higher Top Higher Bottom formation on weekly chart remains intact. On weekly charts, RSI (14), has signaled an oversold condition post the formation of a bearish divergence," says Aditya Agarwal, Head Technical Research at Way2Wealth Brokers Pvt. Ltd.
Mitessh Thakkar of miteshthacker.com recommends buying Britannia Industries with stop loss of Rs 4785 for target of Rs 5000 and Infosys with a stop loss of Rs 1144 for target of Rs 1190.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Mindtree and Pidilite Industries and can sell UPL, Tata Steel and Tata Motors.
Ashwani Gujral of ashwanigujral.com recommends buying Tech Mahindra with a stop loss of Rs 588, target of Rs 620, a buy on NIIT Tech with a stop loss of Rs 788, target of Rs 825 while a sell call on Century Textiles with a stop loss of Rs 1190, target of Rs 1130.
Sandeep Wagle of powermywealth.com recommends selling Tata Steel and Motherson Sumi Systems.
Sandeep Wagle of powermywealth.com suggests selling Tata Steel and Motherson Sumi Systems.
Companies which rose between 40-100% include names like Tata Steel, Voltas, Tata Sponge, Tata Metaliks, Tata Global Beverages, Oriental Hotels, and Titan Company.
Macquarie has maintained an outperform rating on Tata Steel with target of Rs 800. The house feels that the Bhushan Steel bid appears 10–15 percent higher than expectations and sees Bhushan assets as an attractive strategic fit.
Tata Steel emerged as the highest bidder for Bhushan Steel with a surprise bid of Rs 35,000 crore.
Tata Steel, Reliance Industries and steel sector are being tracked by investors on Tuesday.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy V Guard Industries and Jet Airways and can sell Tata Steel.
In an interview to CNBC-TV18, Ritesh Shah, Senior Analyst at Investec shared his views and readings on Tata Steel and Bhushan Steel.
In an interview to CNBC-TV18, Rakesh Arora, Managing Partner of Go India Advisors shared his views and readings on Tata Steel and Bhushan Steel.