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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 domestic brokerage firm expects the Nifty EPS to grow 9 percent in FY19 and 27 percent in FY20.
CLSA expects NASSCOM, the trade association of Indian IT-BPM industry, to guide for 8-10 percent growth for the industry in FY20
Sudarshan Sukhani of s2analytics.com recommends buying Tech Mahindra with stop loss at Rs 800 and target of Rs 820 and Interglobe Aviation with stop loss at Rs 1050 and target of Rs 1180.
Derivative data indicates that heavy put writing in the strike prices of 10,700-10,800 should lend support.
Mitessh Thakkar of mitesshthakkar.com recommends selling UltraTech Cement with a stop loss of Rs 3525 and target of Rs 3300, Hindalco Industries with a stop loss of Rs 204.25 and target of Rs 190 and Indian Bank with a stop loss of Rs 214 and target of Rs 191.
Mitessh Thakkar of mitesshthakkar.com recommends buying Shriram Transport Finance with a stop loss of Rs 1050 and target of Rs 1098, Tech Mahindra with a stop loss of Rs 740 and target of Rs 774 and IndusInd Bank with a stop loss of Rs 1524 and target of Rs 1585.
Ashwani Gujral of ashwanigujral.com recommends buying RBL Bank with a stop loss of Rs 588, target of Rs 610, Kotak Mahindra Bank with a stop loss of Rs 1260, target of Rs 1295 and HDFC Bank with a stop loss of Rs 2080, target of Rs 2140.
Sudarshan Sukhani of s2analytics.com recommends selling Vedanta with stop loss at Rs 195 and target of Rs 188, Shriram Transport with stop loss at Rs 1080 and target of Rs 1025 and Bharat Forge with stop loss at Rs 480 and target of Rs 464.
The index witnessed a bearish candle on the weekly charts and going forward it would be difficult for the index to surpass 11000 levels convincingly in a hurry.
One can buy in the range of Rs 710-715 levels for the upside target of Rs 770-790 levels with a stop loss below Rs 670.
Ashwani Gujral of ashwanigujral.com recommends buying Sun TV with a stop loss of Rs 525, target of Rs 540, Petronet LNG with a stop loss of Rs 220, target of Rs 236 and Bata India with a stop loss of Rs 1145, target of Rs 1180.
Go long in Nifty with the stop loss of 10800 levels with the targets of 11250 levels.
2019 is unlikely to be a good year for IT names as analysts are predicting slower global growth, especially in US and Europe
Mitessh Thakkar of mitesshthakkar.com recommends buying Escorts with a stop loss of Rs 706 and target of Rs 745, HDFC with a stop loss of Rs 1982 and target of Rs 2060 and HDFC Bank with a stop loss of Rs 2132 and target of Rs 2185.
We recommend buying Tech Mahindra for the target of Rs 780, and keep a stop loss below Rs 690.
Ashwani Gujral of ashwanigujral.com recommends buying V Guard Industries with a stop loss of Rs 230, target of Rs 242, Bata India with a stop loss of Rs 1120, target of Rs 1155 and PVR with a stop loss of Rs 1570, target of Rs 1610.
Ashwani Gujral of ashwanigujral.com recommends selling Sell Oil India Limited with stop loss of Rs 178, target of Rs 166, JSW Steel with a stop loss of Rs 296, target of Rs 280 and Titan Company with a stop loss of Rs 886, target of Rs 860.
Sudarshan Sukhani of s2analytics.com recommends buying Dr Reddy's Laboratories with stop loss at Rs 2645 and target of Rs 2735, Tech Mahindra with stop loss at Rs 678 and target off Rs 705 and Hero MotoCorp with stop loss at Rs 3000 and target of Rs 3080.
The stock may be bought in the range of Rs 720-725 for targets of Rs 795-830, keeping a stop loss above Rs 675, says Aditya Agarwala of YES Securities.
The ratings have been reiterated after the company held an analysts’ call to discuss its financials.
We believe that, short term trend in the Nifty is still bullish and it is likely to find support around 10,400 odd levels.
Rajesh Agarwal of AUM Capital recommends buying Repco Home Finance with stop loss at Rs 398 and target of Rs 425, Mahanagar Gas with stop loss at Rs 848 and target of Rs 873 and Triveni Engineering with stop loss at Rs 52 and target of Rs 58.
Rajesh Agarwal of AUM Capital recommends buying JK Tyre & Industries with stop loss at Rs 101 and target of Rs 113, CESC with stop loss at Rs 690 and target of Rs 742 and Just Dial with stop loss at Rs 492 and target of Rs 528.
Experts have advised investors to not get rattled by volatility and continue to stay invested in high-quality names with steady balance sheets and management.
Mitessh Thakkar of mitesshthakkar.com suggests selling Century Textiles & Industries with a stop loss of Rs 846 and target of Rs 815 and CESC with a stop loss of Rs 883 and target of Rs 830.
