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
GNFC is in strong uptrend across all timeframes forming a series of higher tops and bottoms. The stock is well-placed above the 20, 50, 100 and 200-day SMA which reconfirmed bullish trend.
Here's what Shrikant Chouhan of Kotak Securities recommends investors should do with these stocks when the market resumes trading today.
Ashwani Gujral of ashwanigujral.com recommends buying Delta Corp with a stop loss of Rs 312, target of Rs 328 and GSFC with a stop loss of Rs 154, target of Rs 168.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Union Bank of India and GAIL India and can buy BGR Systems.
Rajat Bose of rajatkbose.com is of the view that one can buy BGR Energy and can sell Apollo Tyres.
Ashwani Gujral of ashwanigujral.com recommends buying Max Financial Services, BGR Energy Systems and KEC International and advises holding Avenue Supermarts.
Mitessh Thakkar of mitesshthakkar.com recommends buying IDBI Bank, Britannia Industries, Cadila Healthcare, Chennai Petro and BGR Energy.
Ashwani Gujral of ashwanigujral.com recommends buying Chennai Petroleum Corporation, Motilal Oswal Financial Services and BGR Energy Systems.
Mitessh Thakkar of miteshthacker.com suggests buying BGR Energy and Capital First.
Mitessh Thakkar of miteshthacker.com recommends buying Equitas Holdings, Jet Airways, South Indian Bank, ABB India and Alembic Pharmaceuticals.
Rajat Bose of rajatkbose.com advises buying Tata Elxsi, Whirlpool, BGR Energy and Supreme Industries.
Rajat Bose of rajatkbose.com is of the view that one can sell Tata Elxsi and buy DLF and BGR Energy.
Ashwani Gujral of ashwanigujral.com recommends buying BGR Energy, Granules India and JBF Industries.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Glenmark Pharma, Snowman Logistics, BGR Energy and Suven Life Sciences and sell MRF.
Sumeet Jain of Destimoney Securities recommends buying BGR Energy with a target of Rs 150 and Orient Paper with a target of Rs 89.
Ashwani Gujral of ashwanigujral.com recommends buying PVR, BGR Energy Systems and Jet Airways.
Rajat Bose of rajatkbose.com is of the view that one may buy BGR Energy, Deep Industries and Maruti Suzuki.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com discusses why he believes Indiabulls Real Estate can see a gain of 20-25 percent in 2017.
Prakash Gaba of prakashgaba.com recommends selling Idea Cellular and Tata Motors and likes Siemens and ITC.
Rajat Bose of rajatkbose.com is of the view that IRB Infra may test Rs 270 and expects upside in BGR Energy.
Rajat Bose of rajatkbose.com advises buying BGR Energy Systems with a medium term view for a target of Rs 200.
Krish Subramanyam of Altamount Capital advises buying GMR Infrastructure with a target of Rs 14.25.
One can buy Colgate at the current market price with a target of Rs 2,110, says Jay Thakkar of Sharekhan
Manish Sharma of Destimoney is of the view that one may sell Motherson Sumi Systems with a target of Rs 490.
Here are top 10 stocks to keep an eye on November 13 - DLF, TVS Motor, Tata Steel, JP Associates, J&K Bank, Eicher Motors, BPCL, BGR Energy, NALCO and Marico Kaya.