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
Here are top 10 stocks to keep an eye on January 9 - HDFC Bank, Dish TV, Infosys, HCL Tech, Spicejet, Manappuram, Muthoot, TD Power, Brigade Enterprises and Adani Ports.
SP Tulsian of sptulisan.com has a bullish stance on the real estate space and feels that DLF, Prestige Estate, Brigade Enterprise and Indiabulls Real Estate may give good returns.
Pritesh Mehta, Senior Technical Analyst at IIFL feels that above Rs 54, Orchid Chemicals and Pharmaceuticals can hit the levels of Rs 58-59 in next couple of days.
Ambareesh Baliga of Edelweiss Financial Services recommends buying Sobha Developers and Brigade Enterprises within the real estate space.
SP Tulsian of sptulsian.com suggests selling Zee Entertainment Enterprises. He is positive on Brigade Enterprises and expects the stock to reach Rs 62-63 levels.
SP Tulsian of sptulsian.com says his outlook continues to remain positive on the real estate sector. He advised to pick Brigade Enterpries, Peninsula Land, DLF and Anant Raj for next week.
According to Sudarshan Sukhani of s2analytics.com one should book profit in Brigade Enterprises at around Rs 85.
One can see higher levels in Brigade Enterprises, says Sudarshan Sukhani of s2analytics.com.
Anant Raj, Prestige Estates, Brigade Enterprise, Peninsula Land, Indiabulls Real Estate and DLF are looking good at current levels, says SP Tulsian, sptulsian.com.
Prefer Prestige Estates, Sobha Developers and Brigade Enterprises for short term perspective, says PN Vijay, Portfolio Manager.
Prakash Diwan, Prakash Diwan's Wealth Circle is positive on Sobha Developer, Brigade Enterprise
Ambareesh Baliga, Market Expert is upbeat on Brigade Enterprise, Purvankara Projects, Sobha Developers in realty space.
On CNBC-TV18's show Super Six, market gurus Shardul Kulkarni of Angel Broking, Arunesh Madan of Augment Investment and Vishal Kshatriya of Edelweiss, place their bets on two stocks each, thus offering investors a variety of options to choose from.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com said that overall he is positive on next week‘s market with a target of about 6100-6150 on the Nifty. He belives that the markets are looking quite sprightly because Reliance, ONGC, HDFC and IT stocks all have been pulled up.
Buy Strides Arcolab, says Sudarshan Sukhani of s2analytics.com. It has been moving up in a steady up move. At this point there was a small correction and that correction is being resolved on the upside again. We had a bad day on Friday but one day doesn‘t make a trend.
Pashupati Advani of NBIE, says that he feels that in the FMCG space Marico is a good bet and LIC HF has a good potential to give decent return. In the Bangalore-based real estate space he is bullish on Prestige Estates.
Sudarshan Sukhani, s2analytics.com feels that Brigade Enterprise is an investment buy as it has a very good chart.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com is cautious on realty stocks.
Buying opportunity is seen in Brigade Enterprise, says Sudarshan Sukhani, s2analytics.com.
Vijay Mallya will lose the controlling stake in United Spirits (USL) as Diageo Group has acquired a 53.4% state in the comapny for USD 2 billion. SP Tulsian of sptulsian.com in an interview to CNBC-TV18 recommends investors to hold on to United Breweries' stocks as he expects the stock to reach Rs 2,000
Reliance Capital and Purvankara posted their results today. While Reliance Capital made a profit of over Rs 400 crore including the sale of 26 percent of its asset management company, Purvankara Projects‘ consolidated net profit jumped 89.4 percent to Rs 50.2 crore from Rs 26.5 crore in a year ago period.
Peninsula Land, Anant Raj Industries, Brigade Enterprise, Prestige Estates and Indiabulls Real Estate are capable to give a return of about 10-12 percent in next couple of months, says SP Tulsian, sptulsian.com.
SP Tulsian of sptulsian.com, says that both the stocks are good buy on dips. Implementation of digitalisation by 31October in four metros will be a strong point in favour of Dish TV and all cable network as well as the DTH stocks.
Brigade Enterprises can move to about Rs 60 in the next six months, says SP Tulsian, sptulsian.com. If you see for the year from 2007 to 2011, the company used to be in India‘s top-10 builders. That means they have been keeping the pace with a size also and with the quality also.
SP Tulsian, sptulsian.com has picked Punjab National Bank and Brigade Enterprises as his multibaggers for the day.