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
Prakash Gaba of prakashgaba.com recommends going long in United Spirits and feels that Cairn India may hit Rs 132 while HDIL may test Rs 75.
Ashwani Gujral of ashwanigujral.com recommends buying Indraprastha Medical and advises selling Indo Count Industries and Cairn India.
Sandeep Wagle of powermywealth.com recommends buying Marico and Cairn India.
Sameet Chavan of Angel Broking recommends buying Cairn India with a target of Rs 162 and Vedanta with a target of Rs 116.
Sandeep Wagle of powermywealth.com recommends buying Marico and Cairn India and advises selling OBC.
Sudarshan Sukhani of s2analytics.com is of the view that one can avoid Motherson Sumi Systems.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today - Reliance, Adani Port & SEZ, Castrol India, Mahindra CIE Automotive, Sadbhav Infra, M&M Financial, Bharti Infratel, Filatex India, Eastern Treads, Zensar Tech, Cairn India, Motherson Sumi, Sasken Communications and Capri Global Capital.
Ashwani Gujral of ashwanigujral.com recommends selling Tata Steel and SKS Microfinance and advises buying Cairn India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Cairn India, Tata Sponge and Bharti Airtel.
Prakash Gaba of prakashgaba.com recommends buying Shriram Transport Finance and advises selling SBI, Titan Company and Wipro.
Ashwani Gujral of ashwanigujral.com recommends buying India Cements, Escorts and SREI Infra.
Rajat Bose of rajatkbose.com is of the view that one may sell Cairn India and Maruti Suzuki.
Ashwani Gujral of ashwanigujral.com recommends buying JSW Steel, DLF and Reliance Infrastructure.
Rajat Bose of rajatkbose.com recommends buying Infosys, Ambuja Cements, Cairn India and Bank of Baroda.
Krish Subramanyam of Altamount Capital is of the view that one may sell Maruti Suzuki March futures and also sell 3600 Put.
Rajat Bose of rajatkbose.com is of the view that one can buy Vedanta, Hindalco Industries and Cairn India and feels that Biocon may hit Rs 453.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Bank, Reliance Infra, NCC and M&M Financial Services.
Ashwani Gujral of ashwanigujral.com is of the view that Cairn India may test Rs 175-180 if it does not break Rs 135.
CNBC-TV18‘s Ekta Batra lists out stocks to focus on - Lupin, HDFC, ITC, BPCL, IOC, HPCL, Cairn India, and Crompton Greaves.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Pipavav Defence, Sadbhav Engineering and Jet Airways.
Ashwani Gujral ashwanigujral.com suggests selling Cairn India and IndusInd Bank.
Ajay Bodke of Prabhudas Lilladher prefers Indian Oil Corporation and Petronet LNG from the oil & gas space.
Ashwani Gujral of ashwanigujral.com recommends buying Cairn India, Welspun India and Dabur India.
Ashwani Gujral of ashwanigujral.com recommends buying LIC Housing Fianance , Bharat Forge, Reliance Capital and Cairn India.
Ashwani Gujral of ashwanigujral.com recommends buying M&M Financials Services, Hexaware Technologies, Jai Corp and Chennai Petroleum.