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
As Nifty has already risen more than 8 percent from the low made on June 12, the index may move up gradually but the focus of the traders should continue to be on the mid-cap stocks.
Sudarshan Sukhani of s2analytics.com suggests buying Hindalco Industries with a stop loss of Rs 227 and target of Rs 236, Cipla with a stop loss at Rs 648 and target of Rs 675 and TCS with a stop loss at Rs 2035 and target of Rs 2100.
Mehraboon J. Irani, MD & CEO at Gini Gems Consultants recommends buying Balmer Lawrie and Sinclairs Hotels.
Stocks which gave multibaggers returns in the December quarter of 2016 include names like SE Power, Kushal Tradelink, India Metals, Vama Industries, HM Sugar Mills, Indokem, Atlas Jewellery, Niraj Cement etc. among others.
Nifty@10,000 is more of a psychological level than anything else. The only concern is that at this level, markets are fairly priced but that does not mean it is on the verge of a big correction.
Rajat Bose of rajatkbose.com recommends buying GAIL India and Balmer Lawrie.
Sameet Chavan of Angel Broking suggests buying United Spirits with target of Rs 2420 and Balmer Lawrie with a target of Rs 262.
Sameet Chavan of Angel Broking recommends buying NMDC with a target of Rs 122 and Just Dial with a target of Rs 492.
Kunal Saraogi of Equityrush is of the view that one may buy Ashoka Buildcon with a target of Rs 216.
Gaurav Ratnaparkhi of Sharekhan advises buying HCC with a target of Rs 44.
According to Prakash Gaba of prakashgaba.com, ACC can climb to Rs 1480 while Balmer Lawrie may hit Rs 252.
Vijay Chopra of enochventures.com advises buying Reliance Capital with a target of Rs 625.
Ashwani Gujral of ashwanigujral.com recommends buying Balmer Lawrie, Bajaj Auto and Bharat Electronics.
G Chokkalingam, Founder & MD at Equinomics Research & Advisory has a bullish stance on Balmer Lawrie while he feels that MOIL can be a multibagger.
In an interview to CNBC-TV18, G Chokkalingam, Founder & MD of Equinomics Research & Advisory shared his readings and outlook on specific stocks and sector.
Ashwani Gujral of ashwanigujral.com recommends buying GAIL India, Balmer Lawrie and Balrampur Chini.
G Chokkalingam, Founder & Managing Director Of Equinomics Research & Advisory has a very optimistic view on Balmer Lawrie Investment with a target price of Rs 550.
In a special Bhavcopy segment, Mangalam Maloo of CNBC-TV18 speaks about Balmer Lawrie and Company - a stock on his radar.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Jubilant Foodworks and buy BEML and Engineers India.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell HDFC and Bharat Financial Inclusion and buy Balmer Lawrie.
Ashwani Gujral of ashwanigujral.com recommends buying Balmer Lawrie, Hindalco Industries, LIC Housing, Century Textiles and Asian Paints.
Sandeep Wagle, Founder & CEO at powermywealth.com is of the view that one may hold Balmer Lawrie.
Sudarshan Sukhani of s2analytics.com is of the veiw that one can buy Jet Airways, Balmer Lawrie and Jain Irrigation Systems.
Manav Chopra of Networth Stock Broking advises buying Britannia Industries with a target of Rs 3100.
Jai Bala of cashthechaos.com is of the view that one may look at Elecon Engineering, EIH Hotels and Balmer Lawrie.