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
If the Nifty50 decisively holds 19,500 as well as moved above the falling resistance trendline, then the index can start marching towards the high of October at 19,850
Exide Industries is currently trading at 52-week – high which tells that the stock already is in strong momentum.
Suprajit Engineering has formed robust bullish candlestick pattern on the daily timeframe, making higher highs-higher lows formation for three days in a row, with healthy volumes. The stock settled at Rs 403, the highest closing level since February 4 last year, up over 5 percent.
Transport Corporation of India is placed above 20, 50 and 200 days EMA, which indicates the bullish trend on all time frames. Stock price has surpassed the previous swing high resistance of Rs 764.
The BSE Midcap index is a shade away from turning positive for the year 2020 while the Smallcap index is trading in the green.
Ajit Mishra, VP - Research at Religare Broking expects stock specific activity will be on a higher side in coming days.
Commodity prices rallied sharply between February and May 2018, which was beneficial to companies which are directly linked with like metals and select oil stocks, but falling prices is generally good for companies which use these commodities as their raw material.
According to experts, the volatility is here to stay for some more time and another 4-5 per cent correction can't be ruled out.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Godrej Industries, Equitas Holding, GMR Infrastructure and PC Jeweller and can sell Interglobe Aviation.
Gaurang Shah of Geojit Financial Services is of the view that one may prefer Transport Corporation of India.
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.
Federal Bank, Transport Corporation of India, NBCC are on the radar of Geojit Financial Services
Federal Bank, NBCC, and Transport Corporation of India are on the radar of Geojit Financial Services
The Nifty too is chasing 10,000 level which is likely to act as stiff resistance for the index and market should cool off post the event, suggest experts. However, a major decline is not something which analysts’ see unless it gets triggered by a global event.
The long term trajectory of the market will remain towards an upward trend.
Vinod Nair of Geojit Financial believes that Q4 numbers have been good for the broad economy.
From Godrej Industries to VRL Logistics, a look at stocks that are set to reap in benefits from the unified tax regime.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy LIC Housing Finance, Kotak Mahindra Bank and IRB Infra and sell Infosys.
Ashwani Gujral of ashwanigujral.com recommends buying TCI, Titan Company, Jindal Saw, Indiabulls Housing Finance and REC.
According to Neeraj Deewan of Quantum Securities, one can invest in Transport Corporation of India, Equitas Holdings and Ujjivan Financial Services.
In an interview to CNBC-TV18 Mayuresh Joshi of Angel Broking shared his reading and outlook on the market as well as on various stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Snowman Logistics, Union Bank and Manpasand Beverages.
AK Prabhakar of IDBI Capital is of the view that one may prefer Arvind and Power Grid.
SP Tulsian of sptulsian.com is of the view that one can look at GATI, Shreyas Shipping and Oricon Enterprises.
Vishal Malkan of www.malkansview.com advises buying Jubilant Life with a target of Rs 475.