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 with CNBC-TV18, SP Tulsian of sptulsian.com gave his stock picks for the day and shared his market outlook.
Prakash Gaba of prakashgaba.com is of the view that Bajaj Finance can climb to around Rs 850, keep stop loss at Rs 785 while Larsen & Toubro can climb to Rs 1360, keep stop loss at Rs 1326.
Rahul Shah of Motilal Oswal is of the view that one may short JSW Steel and Biocon and buy Bajaj Finance.
Prakash Gaba of prakashgaba.com is of the view that Bajaj Finance may test Rs 810 while L&T Finance Holdings may hit Rs 88.
VK Sharma, Head of Business, Private Client Group at HDFC Securities is of the view that one may buy Bajaj Finance 750 Put and Divis Laboratories 1,100 Put.
SP Tulsian of sptulsian.com, talks about why he is bullish on Hindustan Zinc and other non-ferrous metal stocks. He also gives his views on the non-banking financial companies (NBFC).
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Sun Pharmaceutical Industries and Bajaj Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Bajaj Finance and Britannia Industries and buy Tech Mahindra.
According to Sudarshan Sukhani of s2analytics.com, one may buy Bata India and Century Textiles and sell Arvind, Jubilant Foodworks and Mahindra & Mahindra Financial Services.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares what is a a good level to enter the Glenmark pharma stock. He also shares his view on other stocks like Laurus Labs, which listed today, defence picks like Bharat Forge, and agro companies like Jayant Agro.
Ashwani Gujral of ashwanigujral.com recommends buying Biocon and Indraprastha Gas and advises selling Union Bank of India, Bharat Financial Inclusion and Just Dial.
Kunal Saraogi of Equityrush recommends buying Karur Vysya Bank with a target of Rs 88 and advises selling Indiabulls Housing Finance with a target of Rs 630.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Bajaj Finance on rally as the stock may head to Rs 650-700.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell PNB, Kotak Mahindra Bank, L&T Finance Holdings and Pidilite Industries and buy Engineers India.
Morgan Stanley remains underweight on SAIL as valuation looks lofty at 12.3x f18e EV/EBITDA. It says recovery in domestic utilisation and improving global steel prices are positive. JSW Steel is its top pick in the sector.
SP Tulsian of sptulsian.com expresses his concerns over the white goods space and spells out the negatives of the recently listed Sheela Foam. He also talks about Bajaj Finance, Pidilite and Asian Paints.
According to Prakash Gaba of prakashgaba.com, Bajaj Finance may slip to Rs 750.
Ashwani Gujral of ashwanigujral.com is of the view that onecan sell Bajaj Finance and Tata Chemicals and buy Balkrishna Industries.
Cash crunch hits Bajaj Finance. Stock slips as company says inquiries dropped 'drastically'. Abhishek Kothari of CNBC-TV18 has more details.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell HDFC and Bajaj Finance and buy Biocon.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Sanjiv Bhasin, Executive VP-Markets & Corporate Affairs of IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC, Maruti Suzuki and Bajaj Finance.
According to Ashwani Gujral of ashwanigujral.com, one can sell Bharat Financial Inclusion, Bajaj Finance and Tata Motors and buy Coal India.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.