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
Mayuresh Joshi of Angel Broking likes Blue Star and JK Lakshmi Cement and feels that one can buy Amara Raja Batteries on dips.
In an interview to CNBC-TV18, Mayuresh Joshi, Fund Manager at Angel Broking shared his readings and outlook on specific stocks and sectors.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Sanjiv Bhasin of IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
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.
Rajesh Kothari of AlfAccurate Advisors is positive on consumer durable space.
Sandeep Wagle of powermywealth.com is of the view that one can buy Hindalco Industries, Maruti Suzuki and Blue Star.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today.
Mayuresh Joshi of Angel Broking likes Infosys and HCL Tech from the largecap IT space as well as Mahindra Lifespace.
Manish Sharma of derivativetradingresearch.com suggests buying Just Dial with a target of Rs 580.
Mayuresh Joshi of Angel Broking is of the view that Blue Star may test Rs 429 in 12-15 months while NBCC may hit Rs 1,100 over the next 12 months.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Blue Star.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Bajaj Electricals and Blue Star.
Sharmila Joshi of sharmilajoshi.com suggests selling Ceat with a target of Rs 1157.
SP Tulsian of sptulsian.com is of the view that one can remain invested in Blue Star, Voltas and Hitachi Home with a long term view.
Mayuresh Joshi of Angel Broking is optimistic on Blue Star.
Mahantesh Sabarad, Deputy VP - Research at SBI Capital Securities is of the view that one may look at Voltas and Blue Star.
Mahantesh Sabarad of SBICap Securities feels that Blue Star may touch Rs 392.
Here are top 10 stocks to keep an eye on December 31 - Allahabad Bank, IGL, M&M, Maruti, Whirlpool, Blue Star, Mangalore Chemicals, Zuari Agro Chem, Patel Engineering and Wockhardt.
Dharmesh Kant of India Nivesh Securities recommends buying DCB Bank for a target price of Rs 99 and LIC Housing Finance for a target price of Rs 390.
Krishna Kumar Karwa, MD at Emkay Global Financial Services is of the view that Blue Star and Voltas should offer decent return to investors.
Tulsian of sptulsian.com picked two multibagger stocks and shared his outlook on the same. He is positive on Lloyd Electric & Engineering and Mayur Uniquoters
In CNBC-TV18's popular show Bull's Eye, Nooresh Merani, 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.
Blue Star has target of Rs 225, says SP Tulsian, sptulsian.com.
Blue Star can test Rs 250 in next 6-8 months, says SP Tulsian, sptulsian.com.