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 is a list of top 10 stocks from different experts which are likely to see the direct or indirect impact of the rise in crude oil prices.
The rally which started in the crude oil price may not be over yet. Most experts tracking the commodity sees it heading towards $80-90/bbl in the next two years.
Mitessh Thakkar of miteshthacker.com expects 5-6 percent downside in metal stocks and advises buying Cairn India and sell Mahindra & Mahindra.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Cairn India and Lupin and buy Bosch.
Shahina Mukadam, Independent Market Expert is of the view that one may stay invested in Cairn India.
In an interview to CNBC-TV18’s Latha Venkatesh, and Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
From Vedanta, Eicher Motors to power and NBFCs, analysts are tracking these stocks and sectors on Wednesday
Prakash Gaba of prakashgaba.com is of the view that Apollo Hospitals can climb to Rs 1185 while Cairn India may test Rs 310.
Top four stocks to buy from IIFL Wealth & Asset Management based on various technical parameters.
Rajat Bose of rajatkbose.com recommends buying Cairn India, Asian Paints and Adani Enterprises.
Morgan Stanley has initiated coverage on the stock with an outperform rating and forecasts 30 percent free cash flow CAGR in FY17-19.
Ruchit Jain of Angel Broking is of the view that one may buy Bajaj Auto with a target of Rs 2950.
In an interview to CNBC-TV18, Prakash Diwan of Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Cairn India, Vedanta and Axis Bank.
Jay Thakkar of Sharekhan advises selling JSW Energy with a target of Rs 59.80.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Bajaj Finance, Cairn India, Bharti Airtel and HDFC Bank and sell Ceat.
Ashish Kyal of Waves Strategy Advisors advises buy Cairn India with a target of Rs 295.
Mitessh Thakkar of miteshthacker.com is of the view that one may sell Ceat and buy Cairn India.
CLSA says Power Grid's best is yet to come in terms of capitalisation and estimates 50 percent rise in regulated equity over FY16-19. The brokerage house has reiterated buy call on the stock, with increased target at Rs 238 from Rs 225 as it feels valuations are inexpensive despite a 39 percent rally in one year.
According to Sudarshan Sukhani of s2analytics.com, one can sell Bank of India and Cairn India and buy Hindustan Unilever while he feels that Bajaj Finance can break out.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Jindal Steel & Power and Bank of India and sell Cairn India.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Asian Paints, BPCL, HDFC and Hindalco and advises selling Mindtree.
Sudarshan Sukhani of s2analytics.com suggests buying Torrent Power, Indraprastha Gas, Bata India and Hindustan Unilever and feels that one may avoid Asian Paints and Ajanta Pharma.
Rakesh Bansal of RK Global is of the view that one may buy Maruti Suzuki with a target of Rs 5800.
Rakesh Bansal of RK Global suggests buying Global Vectra Helicorp with a target of Rs 146.