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
Sudarshan Sukhani, s2analytics.com is of the view that one can buy Balrampur Chini, Reliance Industries and ONGC.
Short Balrampur Chini Mills, says Siddharth Bhamre of Angel Broking.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Sanjeev Agarwal of Dynamix Research & Capital Management and Manav Chopra of Nirmal Bang, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Rahul Mohindar, Director, viratechindia.com is of the view that, Balrampur Chini Mills and Aurobindo Pharma may see further rally.
Buy Balrampur Chini Mills, says Sudarshan Sukhani of s2analytics.com. It is the best stock in sugar pack as of now. It is giving signs of some life but rather than bet on the other stocks, I would bet on the strongest of them.
Mehraboon Irani, Nirmal Bang Securities is of the view that Balrampur Chini Mills has target of Rs 75.
Dipesh Mehta, Nirmal Bang Securities is of the view that Tata Motors can see targets of Rs 260-280. One can short Ambuja Cement for targets of Rs 180 while go long in HUL, ITC. In the sugar space Balrampur Chini still will remain the outperformer.
Balrampur Chini Mills can rally around 25-30% from current levels, so one can buy the stock with a stoploss of Rs 62 for target of Rs 81, says Rahul Mohindar of viratechindia.com.
Sell Balrampur Chini on every rise, says Hemant Thukral, Aditya Birla Money. It has broken very crucial support, which it was folding around that mark of Rs 66-67 and now it is clearly heading towards downwards.
Balrampur Chini Mills can touch Rs 75, says Mehraboon Irani, Nirmal Bang Securities. Among the frontlines while Balrampur Chini stands out because it has got a better balance sheet as compared to Bajaj Hindustan and Shree Renuka Sugars.
SP Tulsian, sptulsian.com is overall positive on sugar sector for next 3-6 months. In sugar space, EID Parry, Triveni, Dalmia Sugar are looking good.
Balrampur Chini can move to Rs 68-70, says Hemant Thukral of Aditya Birla Money.
Buy Balrampur Chini 67.5 Call, says VK Sharma, HDFC Securities.
Balrampur Chini is a good bet, says Mehraboon Irani, Nirmal Bang Securities.
Buy Balrampur Chini and Shree Renuka Sugars, says Sudarshan Sukhani of s2analytics.com.
See 20% returns in Shree Renuka, Balrampur Chini, Bannariamman Sugars and EID Parry, says SP Tulsian, sptulsian.com.
See more downside in Coal India, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani, s2analytics.com advice traders to go long on Shree Renuka and Balrampur Chini.
Sell Balrampur Chini on rally, says Sudarshan Sukhani of s2analytics.com.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, Technical Analyst at manasjaiswal.com, Rajesh Jain, EVP Retail Research at Religare Sec and Rakesh Gandhi, Sr Technical Analyst at LKP, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Sudarshan Sukhani, s2analytics.com view on banking and sugar stocks.
One can short Allahabad Bank, says Sudarshan Sukhani of s2analytics.com.
In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi, Fairwealth Securities shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
SP Tulsian, sptulsian.com shares his view on Balrampur Chini and Triveni.