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
Vijay Chopra of Enoch Ventures is of the view that one can buy Everest Kanto Cylinder with a target of Rs 42 and Sterlite Tech with a target of Rs 112.
Ashwani Gujral of ashwanigujral.com recommends buying Garware Wall Ropes, Bharat Financial and Cairn India.
According to Mitesh Thacker of miteshthacker.com, one can buy Exide Industries, NMDC, IIFL Holdings, MOIL and UPL.
Ashish Kyal of Waves Strategy Advisors recommends buying Edelweiss Financial with a target of Rs 142 and Gujarat State Fertilizers & Chemicals with a target of Rs 105.
Sudarshan Sukhani, of s2analytics.com is of the view that one can buy Cairn India and DHFL and sees lower levels in ACC and Jubilant Foodworks.
Ashwani Gujral of ashwanigujral.com recommends buying HUL and J Kumar Infra and advises selling Jet Airways, Ambuja Cements and NTPC.
Ashwani Gujral of ashwanigujral.com advises buying Reliance Capital and suggests selling Bharat Electronics.
Mitesh Thacker of miteshthacker.com advises buying Punjab National Bank, Indiabulls Real Estate, LIC Housing Finance and Tata Communications.
Ashwani Gujral of ashwanigujral.com feels that Vedanta may test Rs 190-195.
Mitesh Thacker of miteshthacker.com is of the view that one may buy Canara Bank, Punjab National Bank and Cairn India.
Mitesh Thacker of miteshthacker.com recommends selling Cairn India and Hindustan Zinc.
FTSE and WisdomTree India Earnings Index rebalance is going to take place today. CNBC-TV18's Varinder Bansal tells which stocks are likely to get impacted.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Jefferies advises buying Coal India with a target price of Rs 330 per share after quarterly earnings.
SP Tulsian of sptulsian.com shares why he is cautious on the market until the mid of September but not after that and on specific stocks like HDIL after the company reported disappointing set of quarterly numbers and Cairn India and Vedanta on the impending vote of minority shareholders.
Ashwani Gujral of ashwanigujral.com is of the view that Vedanta, Cairn India and Hindalco Industries will head lower by 10-15 percent.
Speaking to CNBC-TV18 SP Tulsian of sptulsian.com shares his views on way forward for Cairn and Vedanta stocks after the latest development of LIC coming on board. He also spoke about other stocks like Spicejet, Yes Bank, Escorts, M&M among others.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindustan Construction Company, Bajaj Finserv and Torrent Pharma and advises selling Indiabulls Housing and Cairn India.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today -- stocks expected to gain are HUL, Cox & Kings, Motherson Sumi, Reliance Communication, Bharti Infratel, IDBI Bank, Crompton Consumer, Cairn, Eros International while stocks expected to be under pressure are Yes Bank, TCS, SAIL, JSPL, Puravankara.
Mitesh Thacker of miteshthacker.com recommends buying Glenmark Pharma and sell Cairn India.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market, specific stocks and sectors .
According to Shahina Mukadam of Independent Market Expert, one may remain invested in Vedanta.
According to Ashwani Gujral of ashwanigujral.com, one can buy Edelweiss Financial Services, Tata Chemicals, Cairn India, Engineers India and Voltas.
Ashwani Gujral of ashwanigujral.com recommends buying Sun TV, Gayatri Projects, City Union Bank, Cairn India and Reliance Capital.
Mitesh Thacker of miteshthacker.com recommends selling Infosys and advises buying Oil and Natural Gas Corporation and Cairn India.