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
Overall sentiment remains weak, but given the somewhat oversold conditions, a bounce back cannot be ruled out early next week. Below are some trading ideas for the near term.
Brigade Enterprises, Hindustan Petroleum Corporation, Cholamandalam Investment and Finance Company, Britannia Industries, and Whirlpool of India will also be in focus on August 30.
With Friday's up move, Page Industries has recaptured 20 and 50 day SMA and rebounded sharply. Huge rising volumes on price rise signifies increased participation in the rally. The daily strength indicator RSI has turned bullish indicating rising strength.
As the market seems to have the comfort of valuation now, it is time to lap up quality stocks, analysts point out.
While midcap stocks tend to see more volatility versus Nifty50, over a longer term they tend to deliver stronger returns and this theme is expected to play out going ahead, Nirali Shah said.
If you are a retail investor have Rs 1 crore to invest, here are a few recommendations for investing and dividing your portfolio exposure across these sectors.
Gaurav Garg of CapitalVia feels the LTC and reintroducing of Special Festival advance scheme for government employees are expected to boost the consumer demand by additional Rs 36,000 crore.
Historically speaking, the midcap and smallcap indices have never given negative returns for two consecutive years, and they have had a dismal 2018.
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
Harendra Kumar of Elara Capital said given the overall robustness in earnings recovery, 2019 could well be a year of midcaps and smallcaps.
Equirus Securities said uncertainty regarding elections in 2019 might keep markets volatile.
Further, its assorted product mix is aiding growth across cycles, analysts at the firm wrote their report.
The government raised basic customs duties across air conditioners, refrigerators, washing machines (
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Reliance Industries and Tata Steel and can buy Whirlpool.
Eris Life, Whirlpool and Gujarat Gas, among others, are being tracked by investors on Tuesday.
Gaurang Shah of Geojit Financial Services is of the view that one may hold Whirlpool of India.
Prakash Gaba of prakashgaba.com is of the view that one may buy Whirlpool of India on declines.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Whirlpool and Hindalco Industries and can sell Dewan Housing Finance.
Ashwani Gujral of ashwanigujral.com suggests buying Buy TV Today Network, Whirlpool and Motilal Oswal.
Deutsche Bank has raised revenue estimates of Whirlpool by 2 percent. However, it has reduce EBITDA margins by 50 bps, leading to cuts of 2-4 percent in earnings per share and has retained a hold on the stock with a target price of Rs 1,120.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy L&T, Asian Paints, Whirlpool of India, Sun TV Network and Bajaj Finance and advises selling Ajanta Pharma and Dish TV.
Ashwani Gujral of ashwanigujral.com recommends buying Whirlpool, Vedanta and MOIL.
Stocks which have zero debt/equity ratio include names like Jubilant FoodWorks which gained 59 percent, and Bata India rallied 50 percent so far in the year 2017.
In an interview to CNBC-TV18, Rahul Arora, CEO at Nirmal Bang Institutional Equities shared his readings and outlook on the market and specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one may prefer Whirlpool, Hitachi Homes, LIC Housing Finance and Bajaj Finance.