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
One can buy Colgate Palmolive (India) at current levels with a stop loss of Rs 1,275, says Manas Jaiswal of manasjaiswal.com.
Nooresh Merani of AMSEC Research recommends buying Hexaware Technologies for an intraday target price of Rs 125 and a stop loss at Rs 117 and advises buying United Phosphorous as the stock may touch 145-150.
Lancelot D Cunha of ITI Wealth Management recommended buying LIC Housing Finance with a target price of Rs 177.50 and SKS Microfinance with a target price of Rs 132.50.
According to Nooresh Merani of AMSEC Research, one may buy Dabur India with a target price of Rs 166 in the day and a stop loss at Rs 157 and advises buying Tech Mahindra with a stop loss at Rs 1,190.
Nooresh Merani of AMSEC Research advised buying Dabur India with a target price of Rs 166 and Tech Mahindra with a target price of Rs 1300.
According to Vishal Malkan of malkansview.com, one may buy Aditya Birla Nuvo with a stop of Rs 1,150 for target of Rs 1,210 and advises buying Biocon with a stop of Rs 312 for targets of Rs 328.
Pankaj Jain of Sunteck Wealthmax advised buying Idea Cellular with a target price of Rs 176 and Hexaware Technologies with a target price of Rs 121.50.
Pankaj Jain of Sunteck Wealthmax recommends buying Jet Airways with a target of Rs 429 for the day and advises selling Bharat Forge as the stock may head lower to Rs 195.
Aashish Tater of Fortunewizard.com advised buying Jet Airways for a target price of Rs 416 and SpiceJet for a target price of Rs 26.15.
Sharmila Joshi, Head of Equity of Peerless Securities recommends holding Biocon with a target of around Rs 340.
According to Nooresh Mirani of AMSEC Research, one may hold Biocon. "The stock may touch Rs 360-400 and book profits around that levels," he adds.
According to Prakash Diwan of Altamount Capital Management, one may go long on Fresenius Kabi Oncology and advises to go long on Mahindra & Mahindra Financial Services with a target price of Rs 267 and a stop loss at Rs 250.
Sharmila Joshi of Peerless Securities advised buying Shriram Transport Finance with a target price of Rs 675 and YES Bank with a target price of Rs 433.
Manoj Murlidharan Vayalar of IIFL recommends buying Biocon keeping a stop loss at Rs 283 as the stock may move all the way till Rs 312-313.
Rahul Mohindar of viratechindia.com recommends buying Biocon for a price target of Rs 310 and with a stoploss at Rs 280.
Hemant Thukral of Aditya Birla Money feels Biocon looks to be a good buy at these current levels. Traders can keep a stop loss of Rs 274 and the target should be kept as Rs 298-300, he adds.
In CNBC-TV18's popular show Bull's Eye, Nooresh Merani, AMSEC Research shares his trading strategies for 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.
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.
On CNBC-TV18's show Super Six, market gurus Rajesh Jain, Religare Securities, Vikrant Jadeja, vibranttrades.com and Vishal Malkan, malkansview.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi, Peerless Securities shares trading strategy of the day.
In CNBC-TV18's popular show Bull's Eye, Nooresh Merani of AMSEC Research 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 advises to prefer Glenmark Pharma and Biocon over Divis Lab.
One can buy Biocon, Indraprastha Gas, says Sudarshan Sukhani, s2analytics.com.