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
Britannia Industries has strong resistance around Rs 680. One may exit at this levels, says SP Tulsian of sptulsian.com.
According to SP Tulsian of sptulsian.com, investor should remain invested in Britannia Industries for next one year and review when the stock touches Rs 750.
SP Tulsian of sptulsian.com is bullish on Britannia Industries and recommends buying the stock with a day target of Rs 609 and stop loss of Rs 569.
Saurabh Mittal of Swadeshi Capital advised buying YES Bank with a target price of Rs 515. Meanwhile, Nooresh Merani of AMSEC Research advised buying Dena Bank with a target price of Rs 92.
One can add Britannia Industries in portfolio, says Sandeep Singal of Emkay Global Financial Services.
Moneycontrol brings to you some of the recommendations given by experts that will help you cash in on the many opportunities available.
See up move in Britannia Industries, says Sudarshan Sukhani of s2analytics.com. Sometimes blue chip stocks gives significant and stupendous breakouts all of a sudden, maybe Britannia will do it, if not today, next week. It‘s readily poised for that. It has made a bullish head and shoulder pattern after a small correction.
Shubham Agarwal, CMT, AVP - Sr Technical Analyst, Motilal Oswal Securities is of the view that buy Adani Enterprises, Britannia Industries.
On CNBC-TV18's show Super Six, market gurus Vishal B Malkan, CMT, www.malkansview.com, Vishal Kshatriya of Edelweiss and Sanjeev Agarwal, CEO, Dynamix Research & Capital Management, place their bets on two stocks each, thus offering investors a variety of options to choose from.
CNBC-TV18 brings you a brand new week of Bull's Eye. It's the 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.
Go long in Britannia Industries, says Salil Sharma, Technical Analyst, Kapur Sharma & Co.
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.
Aashish Tater, Head of Research, Fort Share Broking is of the view that one can buy Bombay Burmah around Rs 380-420.
Neera Jain of crnindia.com feels that one should invest in Britannia Industries.
Shardul Kulkarni, Sr. Technical Analyst, Angel Broking is of the view that Britannia Industries may give a good upside in the near term.