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
Gautam Chhaochharia of UBS India feels Cairn India looks very attractive as there is some visibility in terms of production ramp up ahead.
Sell Cairn India on rally, says Sudarshan Sukhani of s2analytics.com.
Gautam Chhaochharia, UBS India is bullish on Cairn India. The stock looks very, very attractive and finally seeing some visibility coming through in terms of production ramp up ahead.
It was a volatile day on the Dalal Street as the markets turned around in late trade. Indices closed flat after a weak start. The Nifty closed just shy of 5,900 and the Sensex ended at 19,468.
Shubham Agarwal of Motilal Oswal Securities is of the view that, Cairn India may hit target of Rs 270 in the short term.
Sudarshan Sukhani, s2analytics.com is of the view that sell Cairn India with target of Rs 250.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Cairn India.
On CNBC-TV18's show Super Six, market gurus Vishal Malkan, malkansview.com, Rajesh Jain, Religare Securities and Rakesh Gandhi, FRR shares, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Short Cairn India, says Sudarshan Sukhani of s2analytics.com. For the short-term traders, the sense of direction is that Rs 320 is breaking down and the next target could be Rs 308 or even Rs 300.
Siddharth Bhamre, Angel Broking advised going long on Cairn India with stop loss somewhere around Rs 318-320.
Manoj Murlidharan Vayalar, IIFL PReMIA is upbeat on Cairn India, Tata Power.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Cairn India.
"Considering the offer for sale (OFS) lined up by the government of India on National Thermal Power Corporation (NTPC), I don‘t think that this stock deserves a buy at this moment", says SP Tulsian of sptulsian.com in an interview to CNBC-TV18.
ONGC has resistance around Rs 305-310, says SP Tulsian, sptulsian.com.
Rajesh Agarwal, Eastern Financiers is of the view that one can invest in Cairn India than GAIL.
Sudarshan Sukhani of s2analytics.com feels that short term trader can buy Cairn India.
In CNBC-TV18's popular show Bull's Eye, Saurabh Mittal, Swadeshi Credits shares trading strategy of the day.
Anil Manghnani, Modern Shares & Stock Brokers is not so bullish on Cairn India. It has bounced back quite smartly but around Rs 335-345 range, it would probably become a short again.
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.
Short Cairn India and Welspun Corp, says Sudarshan Sukhani of s2analytics.com. Cairn is actually breaking down on support levels. It is a very unusual behaviour for a largecap stock.
Prayesh Jain, IIFL is bullish on Cairn India and Petronet LNG. "Cairn India, today, is trading at a multiple of close to around six-seven times FY14 earnings. That is pretty cheap," he adds.
SP Tulsian, sptulsian.com advises traders to go long on Cairn India around Rs 300.
Monal Desai of Sunidhi Securities feels Rs 305 is a very strong base for Cairn India.
Sudarshan Sukhani of s2analytics.com feels that Cairn India is moving towards Rs 280-290.
Rikesh Parikh of Motilal Oswal Financial Services advised buying Maruti with a target price of Rs 1595-1620 and keep a stoploss at Rs 1480.