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
In an interview to CNBC-TV18, Prakash Diwan, Investment Evangelist at prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
Mehraboon Irani of Nirmal Bang Securities likes Cosmo Films, Mold-Tek Packaging and Dalmia Sugar.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his stock picks for the day and talked about the public sector undertaking (PSU) banking space.
Prakash Gaba of prakashgaba.com recommends buying Britannia Industries and likes Aditya Birla Nuvo and Ajanta Pharma.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Allcargo Global with a target of Rs 180.
SP Tulsian of sptulsian.com recommends booking profits in Dena Bank and Central Bank of India.
CA Rudramurthy BV of Vachana Investments is of the view that one can sell Allahabad Bank, PNB and Reliance Capital.
Watch the interview of SP Tulsian of sptulsian.com with Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Rajat Bose of rajatkbose.com is of the view that one can buy Apollo Tyres and Allahabad Bank.
Prakash Gaba of prakashgaba.com is of the view that Allahabad Bank may test Rs 65 while Divis Lab may hit Rs 1083.
Simi Bhaumik of simibhaumik.com recommends buying Bharat Heavy Electricals with a target of Rs 137 and advises selling Mindtree with a target of Rs 700.
Gaurav Bissa of LKP Securities is of the view that one may buy Tata Steel with a target of Rs 285.
Vishal Malkan of malkansview.com is of the view that one may buy Ashok Leyland with a target of Rs 97.
Rajat Bose of rajatkbose.com recommends selling Bank of Baroda and Allahabad Bank and feels that Cipla may hit Rs 542.
Prakash Gaba of prakashgaba.com recommends shorting Dr Reddy's Laboratories, LIC Housing Finance and Coal India.
Prakash Gaba of prakashgaba.com recommends going long in Cadila Healthcare and Axis Bank and Allahabad Bank.
Ashish Kyal of wavesstrategy.com recommends buying Jet Airways and Jagran Prakashan and advises selling Allahabad Bank and Dabur India.
Sarvendra Srivastava of Phisense.com suggets buying Allahabad Bank with a target of Rs 74.5.
Krish Subramanyam of Altamount Capital advises buying Alembic with a target of Rs 50.50.
Mithil Pradhan of Violet Arc Global recommends going long in Jet Airways.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities recommends selling Syndicate Bank and BHEL.
Rahul Shah of Motilal Oswal recommends selling Allahabad Bank for a target of Rs 65.
Sudarshan Sukhani of s2analytics.com recommends selling Allahabad Bank, Andhra Bank and Bank of Baroda.
Chandan Taparia of Anand Rathi Securities suggests selling Allahabad Bank.
Meghana V Malkan of malkansview.com recommends buying Dish TV India with a stoploss at Rs 103 and target of Rs 114 and NIIT with a stoploss at Rs 92 and target of Rs 110.