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
Avinash Gorakshakar, Market Expert advises buying Clariant Chemicals on declines.
Prakash Gaba, Technical Analyst at prakashgaba.com is of the view that one may enter Clariant Chemicals at around Rs 600-650.
In a CNBC-TV18 interview, SP Tulsian of sptulsian.com shared his reading and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com feels that Monsanto India may test Rs 3500.
Ashwani Gujral of ashwanigujral.com recommends buying Mcleod Russel, Havells India and Clariant India.
Watch for these stocks in trade today.
Here are top 10 stocks to focus on April 20 – Lupin, Bharat Forge, Reliance Industries, LIC Housing Finance, Delta Corp, Titagarh Wagons, Clariant Chemicals, Glenmark Pharma, Bhushan Steel and NMDC.
Here are top 10 stocks to focus on January 13 - Cairn India, Jet Airways, Apollo Tyres, Ceat, Crompton Greaves, Bank Nifty, Hindalco, CMC, Clariant Chemicals and Spicejet. We are also watching Dr Reddy's, Sun Pharma, Ipca Labs, Lupin, Cipla, ACC and Ultratech.
Nooresh Merani of Analyse India recommends buying Clariant Chemicals with a target of Rs 1200.
Shrikant Chouhan of Kotak Securities advises selling Bajaj Auto with a target of Rs 1900-1890 and buying Sesa Sterlite with a target of Rs 202.
Prakash Diwan of Altamount Capital Management is of the opinion that one may buy Clariant Chemicals with a target of Rs 529 and stop loss of Rs 499 and advises selling Raymond with a target of Rs 226 and stop loss of Rs 239.
Sharmila Joshi of Peerless Securities advised buying Exide Industries with a target price of Rs 139 and Hexaware Technologies with a target price of Rs 110.
Clariant Chemicals India has a target of Rs 600 in next six months, says SP Tulsian of sptulsian.com.
SP Tulsian of sptulsian.com has a target of Rs 50 for SpiceJet from one year perspective and Rs 600 for Clariant Chemicals in the next six months.